Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Digital loan start-up Blend jumps to $1.7 billion…
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018.Alex Flynn | Bloomberg | Getty ImagesDigital lending start-up Blend raised $ 75…
NoBrokerHood enhances security features to help residents fight…
BENGALURU: As India continues to fight the spread of the pandemic, NoBrokerHood, the integrated visitor, society, and payment management app by NoBroker.com has added multiple features to its existing suite of services. These features ensure…
Tesla announces five-for-one stock split
Nora Tam | South China Morning Post | Getty ImagesTesla announced a five-for-one stock split on Tuesday evening. The split goes into effect on August 31.Tesla shares rose more than 6% in post-market trading even…
Dr. Fauci tells Americans to be mindful of…
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for the last three decades and an expert on pandemics for the last four decades, has been optimistic on a vaccine arriving at…
Companies are talking about turning ‘furloughs’ into permanent…
A worker wearing a protective mask adjusts a torque wrench inside the service area at a Harley-Davidson dealership in Oakland, California, on Thursday, July 16, 2020.David Paul Morris | Bloomberg | Getty ImagesThe dark side…
Oil prices bolstered by bigger-than-expected drop in U.S.…
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the world's biggest economy can weather the…
‘Bleak but salvageable’: Huawei has limited options as…
A Huawei logo is displayed at a retail store in Beijing, China on May 27, 2019.Fred Dufour | AFP | Getty ImagesHuawei is reportedly running out of its own high-end chips for smartphones due to…