Ford Motor Company (NYSE:F) has halted production at one of its German plants which is a sign that the global computer chips shortage is putting pressure on vehicle manufacturers and threatening recovery from the COVID-19 pandemic. Ford halts production at […]
Pfizer Inc. (NYSE:PFE) indicated on Friday that it will reduce deliveries of its COVID-19 vaccine to Europe temporarily as it ramps up annual production capacity to around 2 billion dosses. The company said that it needed to conduct some modifications […]
Amazon.com Inc. (NASDAQ:AMZN) has committed $278 million to the opening of two logistic centers in Italy this year. The company will open a new sortation center and a fulfillment center in the country by fall ahead of the holiday shopping […]
Teva Pharmaceuticals Industries Ltd. (NYSE:TEVA) and MedinCell have released positive results from the TV46000-CNS-30072 study. The Risperidone Subcutaneous Extended-Release Study (RISE) is a third phase clinical study designed to assess TV-46000/mdc-IRM as a schizophrenia treatment. Risperidone injection delays relapse in […]
Ford Motor Co. (NYSE:F) and India’s Mahindra and Mahindra Ltd have called off their joint venture which began almost two years ago because of the challenges caused by the pandemic. Pandemic challenges force Foprd to call off JV with Mahindra […]
Comcast Corporation (NASDAQ:CMCSA) is planning to add data caps to home internet and from January 1, 2021 customers will be hit with an extra charge for consuming a lot of data. The hike has become a tradition for cable companies. […]
Home improvement retailer The Home Depot Inc. (NYSE:HD) has finalized the acquisition of HD Supply Holdings Inc. for a total enterprise value of around $8 billion. Home Depot merges with HD Supply HD Supply is a top national maintenance, repair, […]
Facebook Inc. (NASDAQ:FB) has indicated that there is a need to reconsider the legal immunity from lawsuits over users’ posts. However, this position leaves smaller websites concerned regarding the cost of accepting increased responsibility for what users post on their […]
AT&T Inc. (NYSE:T) has announced that AT&T Mobility has agreed to extend two mobility contracts by one year with Communications Workers of America. The two contracts cover around 24,000 call center customers support workers, technicians, and AT&T representatives at retails […]
Google (NASDAQ:GOOGL) has rejected proposed legislation requiring it to pay publishers for news content as part of efforts to protect independent journalism. The company has opposed the bargaining codes requiring tech companies to pay for news even after dilution of […]
