White House acknowledges reports of cyberattack on U.S.…

Annette Riedl | Picture Alliance | Getty ImagesWASHINGTON – The Trump administration acknowledged reports on Sunday that a group backed by a foreign government carried out a cyberattack on the U.S. Treasury Department and a section of…

Amid pressure to catch up with Myntra &…

NEW DELHI: Saurabh Srivastava has taken over as the head of Amazon Fashion India after Arun Sirdeshmukh quit the company. “We confirm that Arun Sirdeshmukh, business head - Amazon Fashion India, has decided to move…

In a first, India located-jobs get higher pay…

Kolkata | New Delhi: India is beating the world at Indian Institutes of Technology (IITs) this placement season. For the first time, final placements are seeing top salaries offered for India-located jobs shoot up 30-35…

Tesla tells employees Model S and X production…

Kuka robots work on Tesla Model X in the Tesla factory in Fremont, California, on Thursday, July 26, 2018.Mason Trinca | The Washington Post | Getty ImagesTesla informed employees in its Fremont, California, factory on…

Jeff Ubben bets on underperforming for-profit education stock

Jeffrey UbbenSource: BusinessWireActivist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company.His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June,…

Investors look for long-term plan from Vedanta after…

Investors in Vedanta Resources Ltd. are turning their attention to the miner’s longer-term plan to streamline a complex group structure that has kept the parent from easily accessing cash at its units. Vedanta Resources, controlled…