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- Feed Preview Business News – Ya Libnan
Google fires 28 employees after protests over its alleged support for Israel in Gaza Genocide
Photo: A Protester against Google’s contract to provide the Israeli government and military with cloud computing and artificial intelligence services which some protesters claim to be powering ...
Tesla asks shareholders to reapprove Musk’s $56 Billion compensation package
New York (AFP) – Electric vehicle maker Tesla will ask its shareholders to vote again on a $56 billion compensation package they had approved in 2018 for CEO Elon Musk before it was squashed b...
US set to tighten sanctions on Iran soon, Yellen says
Washington, DC- US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented attack on Israel over the weekend, saying she expects Washington ...
Tesla to lay off over 10% of its global workforce, Musk
By Lora Kolodny Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. “A...
Oil is seen opening up but the rally may be short-lived unless supply is interrupted
LONDON, April 14 (Reuters) – Oil prices, which hit a six-month high on Friday, are expected to rise on Monday after Iran’s attack on Israel over the weekend, analysts said, but further gains ...
Lufthansa suspends Tehran flights, Middle East on alert for potential Iran attacks
Lufthansa planes stand parked as Frankfurt airport is closed to passengers with planned departures due to a strike organized by Verdi union, in Frankfurt, Germany, March 7, 2024. REUTERS/ Kai Pfa...
Saudi Arabia scales back ambition for $1.5 trillion project NEOM
By: Zainab Fattah and Matthew Martin Neom – Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salma...
Swissair cancels a flight from Zurich to Beirut over security concerns. Diverts it to Vienna
Agence France-Presse (AFP) reported that Swiss International Airlines canceled a flight between Zurich and Beirut on Thursday night after its experts considered that the security situation in Leb...
Tesla scraps low-cost car plans amid fierce Chinese EV competition, Reuters
The plans for the low-cost Tesla Model 2 (pictured above) have been scrapped according to an exclusive report by Reuters Tesla has canceled the long-promised inexpensive car that investors have b...
5 dead and over 100 hospitalized from recalled Japanese Kobayashi supplements
Photo: Kobayashi Pharmaceutical Co. President Akihiro Kobayashi (2nd L) and others bow their heads at the beginning of a press conference in Osaka on March 29, 2024. A Japanese drugmaker whose di...
Investigators recover data recorder from cargo ship that hit Baltimore bridge
Baltimore’s Francis Scott Key bridge carries about 31,000 vehicles across the harbor daily and serves as the main route for motorists between New York and Washington seeking to avoid downtown B...
Ship that collided with Baltimore bridge was chartered by Maersk
The Dali container vessel that collided on Tuesday with a bridge in Baltimore was chartered by shipping company Maersk (MAERSKb.CO), the Danish group said in a statement. The ship carried Maer...
US Federal Reserve expected to cut rates, lift Biden’s re-election prospects
In choosing to renominate Jerome Powell (R) to head the Federal Reserve, President Joe Biden (L) was placing the economic future of his administration largely in the hands of a Republican selecte...
Boeing chief to step down as safety concerns mount
Boeing CEO Dave Calhoun is to step down after safety questions piled up for the company © Jim WATSON / AFP Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave ...
Saudi Arabia plans to create a $40 bln fund to invest in artificial intelligence
Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the plans. Rep...