Lyft lands $600 million in fresh funding; company valued at $7.5 billion
By Heather Somerville
SAN FRANCISCO (Reuters) - Ride-services company Lyft has raised $600 million in fresh funding, fuel for the company's growth as it continues...
FTC sending $9.1M in refunds to victims of fraudulent Amazing Wealth System
The Federal Trade Commission (FTC) announced that it will distribute a total of $9.1 million in refunds to consumers, who were victims of a...
Phh Mortgage Loan Officers Win Collective Certificate
In a legal showdown that could reshape the landscape for mortgage loan officers, a collective action against PHH Mortgage Corp. has gained momentum as...
Coronavirus is proving what we already know: People can work from home
If you’ve been paying attention to the news in the past few weeks, you’ve likely seen the reports about companies turning to telecommuting wherever...
Victoria’s Secret owner, L Brands to eliminate around 850 corporate jobs
L Brands, the owner of Bath & Body Works and Victoria’s Secret, will eliminate approximately 15% or around 850 jobs at its corporate headquarters.
The...
Tesla Showcases a chip That trains A.I. models inside its Data Centers
The American car manufacturer Tesla (NASDAQ: TSLA) has unveiled on Thursday a custom chip that is set to train Artificial-Intelligence networks in its data...
Elon Musk’s Mother Sleeps in a Garage When She Visits Him In SpaceX
Elon Musk's mother, Maye Musk, sleeps in a garage when she visits her son, the richest man in the world.
The 74-year-old model told The...
Starting a pandemic proof business? Here are some advice
2020 is the year of the pandemic proof business for entrepreneurs.
Earlier in the year, when the COVID-19 pandemic began to wreak havoc in the...
chain Agave & Rye Minimum-Wage Suit
In a legal battle that had the restaurant industry on edge, the Mexican eatery chain Agave & Rye has reached a settlement agreement with...
EasyGroup Accuses Band Of Trashing Brand Reputation In a Lawsuit
As storm clouds gather in the world of trademarks, EasyGroup, the captain behind the budget airline easyJet, takes on the British band Easy Life,...
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CHIPS Act: Samsung Secures $6.4 Billion Grant to Fortify Semiconductor Ecosystem...
In a move that will bolster domestic semiconductor production, Samsung secured a $6.4 billion grant under the CHIPS Act, marking a pivotal step towards...
