Markets

Amazon To Invest In Employee Development

Amazon To Invest In Employee Development Amazon, using its own employment data, said its fastest growing skilled job positions over the last five years include data mapping, data science, security engineering and business analysis. The video appended is produced by Sanders. "For us, creating these opportunities is just the beginning". "While many of our employees want to build their careers here, for others it might be a stepping sto... [Full Article...]

Volkswagen Beetle production ends; final unit rolls off the production line

Volkswagen Beetle production ends; final unit rolls off the production line The final vehicle produced was a Stonewashed Blue coupe variant that will remain on display at Volkswagen's local museum in Puebla. "We'll adapt the Chinese model for this market", Steffen Reiche, chief executive officer of VW's Mexico business, said during an event at the Puebla plant. [Full Article...]

International Business: Johnson & Johnson faces criminal probe related to baby powder

International Business: Johnson & Johnson faces criminal probe related to baby powder J&J has denied allegations that its talc causes cancer . A grand jury in Washington is examining documents that may shed light as to what company executives knew about the potential dangers of the talc powder, the report said. Although J&J asserts it has no liability because its products are safe, Bloomberg Intelligence estimates civil settlements related to its talc products could cost a... [Full Article...]

China's Huawei plans extensive layoffs at its US operations

China's Huawei plans extensive layoffs at its US operations Chinese telecoms giant Huawei, which is subject to U.S. sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its U.S. Additionally, Roth Capital Partners stated that Huawei has shut down its U.S. sales of solar inverters in June, the exit came months after USA lawmakers suggested Huawei be banned from supplying solar inverters in the United St... [Full Article...]

Walmart to launch major sale - one day ahead of Amazon Prime Day

That means consumers are likely to see major price cuts across the range of Echo speakers and Amazon is already giving a taste of what could be to come. Prime members who use the "search with camera", "view in room", and "scan barcode" features can earn 20% off select items for a few more days-though the promo is oddly time limited, available only to app users between 6 a.m. [Full Article...]

JetBlue flight evacuated at Newark airport after suspicious item reported, officials say

JetBlue flight evacuated at Newark airport after suspicious item reported, officials say At 720 am, a flight attendant on board JetBlue Flight 573 to Tampa observed suspicious item on board plane prior to takeoff. The Port Authority of NY and New Jersey said the plane returned to the gate and the 150 passengers were deplaned onto the tarmac via stairways. [Full Article...]

Ex-Tesla Employee Confesses Uploading 300,000 Autopilot Source Code Files To iCloud

Ex-Tesla Employee Confesses Uploading 300,000 Autopilot Source Code Files To iCloud Along with typical information demands in the early fact-finding phase of the lawsuit that are spelled out in a court filing last week - Tesla wants to see the engineer's emails and have a forensic analysis conducted on his electronic devices - the company founded by Elon Musk disclosed that it has also served the iPhone maker with a subpoena. [Full Article...]

WPP to sell Kantar to Bain Capital in $3.1bn deal

WPP to sell Kantar to Bain Capital in $3.1bn deal Launched by WPP in 1992, Kantar offers insights into the views of customers and consumers in over 100 countries. WPP chief executive Mark Read said: 'This transaction creates value for WPP shareholders and further simplifies our company. [Full Article...]


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