Business News

What Is Cash Cow? - Meaning, Importance, & Examples
2024-05-12 08:02:48
A cash cow is a business division or product with a significant market share in a mature market that guarantees substantially high returns on investment.
Samsung’s new phones replace Google AI with Baidu in China
2024-05-12 04:37:08
For a country that Google has a minimal presence in.
New move to ban live sheep exports from Australia
2024-05-12 01:48:09
After pledging at the last federal election to end the live sheep export trade, the government will ban the practice in four years. It's a move that's drawn criticism from members of the livestock industry.
BYD’s latest midsize SUV set to assuage range anxiety · TechNode
2024-05-11 23:31:58
BYD on Friday launched the first midsize battery sport utility vehicle named after a marine animal, targetting young Chinese customers with its flashy
Alibaba opens new campuses in Hangzhou and Beijing on the same day · TechNode
2024-05-11 23:30:45
Alibaba on Friday opened its new global headquarters in Hangzhou, a combination of office and leisure facilities that total nearly 1 million square
Musk says Tesla charger network will grow, days after layoffs
2024-05-11 08:59:04
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
With extreme weather comes extreme insurance premiums for homeowners in disaster-prone states
2024-05-11 04:32:51
Annual wildfires and flooding are keeping major insurance companies from covering homeowners in California and Florida.
Popular maker of sriracha sauce is temporarily halting production. Here's why.
2024-05-11 04:32:51
Huy Fung Foods said its peppers are "too green" to make its signature sriracha sauce, forcing it to suspend production until September.
Store closures are surging this year. Here are the retailers shuttering the most locations.
2024-05-11 04:29:32
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
McDonald's is considering a $5 meal to win back customers. Here's what you'd get.
2024-05-11 04:29:29
The $5 meal could include a choice of a McChicken, a McDouble or four-piece chicken nuggets along with fries and a drink.
Dana White's Viral FedEx Delivery Video Leads To Driver's Firing
2024-05-11 02:23:01
The FedEx driver who was captured tossing packages on video by Dana White has been fired by the company!
Biden's clean energy tax credits likely to remain 'law of the land': Brainard
2024-05-10 18:29:07
Most of Joe Biden's clean energy tax credits are now law and are unlikely to be reversed by Donald Trump if he wins November's presidential election, a senior administration official said Friday.
Blockchain could offer a solution to the UK's transport ticketing systems
2024-05-10 18:29:07
A new approach to transport ticketing offers a step towards an integrated, transparent system that works efficiently for both ticket providers and passengers across all modes of transport.
Making batteries takes lots of lithium: Almost half of it could come from Pennsylvania wastewater
2024-05-10 17:18:46
Most batteries used in technology like smartwatches and electric cars are made with lithium that travels across the world before even getting to manufacturers. But what if nearly half of the lithium used in the U.S. could come from Pennsylvania wastewater?
Fisker’s brakes can’t catch a break
2024-05-10 16:40:14
It’s the fourth safety investigation on Fisker’s Ocean EV.
Amazon's new fees on sellers likened to 'kick in the gut'
2024-05-10 16:35:13
Amazon.com Inc. merchants have found themselves caught in an economic vice. Earlier this year, the e-commerce giant rolled out changes to the fees its charges them—essentially shifting more of its operating costs onto the small businesses that account for most of the products sold on the site. Making matters worse for merchants, shoppers are trading down.
Sky-high vanity: Constructing the world's tallest buildings creates high emissions, researchers say
2024-05-10 15:31:56
Since ancient times, people have built structures that reach for the skies—from the steep spires of medieval towers to the grand domes of ancient cathedrals and mosques. Today the quest is to build the world's tallest skyscrapers, such as Burj Khalifa in Dubai. Soaring above the rest, its decorative spire accounts for 29% of its total height—4,000 tons of structural steel just for aesthetics.
Honda posts record profit, issues cautious forecasts
2024-05-10 09:01:53
Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year.
Chip giant TSMC's April revenue jumps 60% on-year
2024-05-10 09:01:52
Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.
Despite international hires, TikTok is Chinese at its core
2024-05-10 08:16:54
Rest of World spoke to more than a dozen employees who said that TikTok remains answerable to ByteDance rather than its international leadership.

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