22 Aug, 2017
There are serious concerns that automation will lead to millions losing their jobs. Countries and governments will have to implement procedures as well as contingency plans to deal with the outcome of automation. According to a recent report however..
The dollar rose to a one-week high on Tuesday after the Labor Department reported that U.S. job openings have a reached a record high in June.The Labor Department said on Tuesday that job openings, a measure of labor demand, increased 461,000 to a s..
Deutsche Bank AG (NYSE: DB) plans to shift about $350 billion from the U.K. to Frankfurt as client trading and assets migrate there after Britain’s decision to leave the European Union. This project is called Bowline and calls for Frankfu..
SoundCloud Ltd. announced on Thursday that it is cutting nearly 40 percent of its staff and closing its offices in San Francisco and London.The move comes as larger rivals in the streaming industry, like Spotify Ltd. and Apple Inc. (NASDAQ: AAPL), a..
On Thursday, Infosys Ltd (NYSE: INFY), the India-based information technology outsourcing company, announced its plan to hire 2000 US workers in North Carolina by 2021. The company also said that it will hire 500 workers in North Carolina within two..
South Korean conglomerate Samsung Electronics Co has announced on July 4 its intention to invest about $18.6 billion to ensure that its lead in advanced smartphone displays and memory chips remain as it is. This investment is expected to generate ne..
Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..
All rights reserved.