Tesla Inc subjects female workers to “nightmarish” conditions of rampant sexual harassment at its main factory, and supervisors turn their backs when complaints are brought, according to a new lawsuit. Jessica Barraza, 38, said she has endured “near daily” catcalls and inappropriate touching in her three years at the electric vehicle maker’s factory in Fremont,…
According to a research conducted in the United States, the first known infection of Covid-19 happened to a market vendor in the Chinese city of Wuhan, and not an accountant who appeared to have no connection to the market but whose case contributed to concerns that the virus may have leaked from a lab. The…
At the Los Angeles Auto Show, automakers pursuing Tesla Inc unveiled new, more affordable, and bigger electric sport utility vehicles, racing into one of the fastest-growing categories of the US market. At the exhibition, Kia Motors singled out Tesla, claiming that its forthcoming electric crossover EV6 had broken Tesla’s previous record for the quickest charging…
A state-backed publication of China suggested on Friday that the focus of China’s Singles’ Day shopping event should move from being a “traffic and sales battle” to one that is closely linked to science and technology, while also labeling the “cult of turnover” as not being consistent with the country’s new growth and development path.…
The least growth in memberships in Disney+ since the video streaming services was launched by Walt Disney Co to compete with Netflix Inc was reported on Wednesday by the company. The numbers reported by the company were much lower than expectations of Wall Street projections. The announcement resulted in the stocks of the company going…
The market value of the Amazon-backed electric vehicle maker Rivian Automotive Inc crossed the $100 billion following as much as a 53 per cent surge in the shares of the company on Wednesday at its debut at Nasdaq in what was the largest initial public offering so far this year. The stocks of the company…
Uber Technologies Inc declared its first profitable quarter on an adjusted basis since its inception more than a decade ago, with both of its most crucial sectors, ride-hailing, and food delivery, turning the corner. Company officials assuaged investor fears about a driver shortage by assuring analysts that the company’s spending on incentives to attract drivers…
The general insurance business of the American International Group Inc (AIG) encountered lesser number of natural calamities during the latest completed quarter, along with lower insurance claims because of Covid-19 infections helped the insurer to report profits for the quarter that was more than what analysts were expecting. In the third quarter of the current…
Prices for its products are to be increased by Ikea because the global supply lines are anticipated to be disrupted for the rest of the year as well as extend into 2022. A dip in full-year earnings was announced by Ikea on Wednesday owing to rising transportation and raw material expenses. It will transfer some…
A funding $93 million was raised in a funding round by the Sandbox, a gaming platform based in Hong Kong that gives the opportunity to its users to build a virtual world using non-fungible tokens (NFTs), and its investors include Japan’s SoftBank’s Vision Fund 2, the company has informed. It was just about a year…
business-gurus.com 