Business

Popular Gold’s Gym files for bankruptcy, shuts 30 gyms

Popular Gold’s Gym files for bankruptcy, shuts 30 gyms

New York– Global fitness chain Gold’s Gym has filed for bankruptcy as it finds itself in the middle of a…
US Treasury to borrow $3tn in 2nd quarter amid COVID-19 fallout

US Treasury to borrow $3tn in 2nd quarter amid COVID-19 fallout

Washington– The US Department of the Treasury said that it plans to borrow about $3 trillion in the second quarter…
A tweet may cost Elon Musk his job as Tesla CEO

A tweet may cost Elon Musk his job as Tesla CEO

San Francisco– Elon Musk may lose his job as Tesla CEO as the car makers Board as well as the…
Open to third-party audit of user data collection: Manu Jain

Open to third-party audit of user data collection: Manu Jain

New Delhi– Denying any wrongdoing regarding its data collection practices, a top Xiaomi executive on Monday said the company was…
Nearly half of global workforce at risk of losing livelihoods: ILO

Nearly half of global workforce at risk of losing livelihoods: ILO

Geneva– Nearly 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in…
Musk wipes billions off Tesla stock by controversial tweet

Musk wipes billions off Tesla stock by controversial tweet

San Francisco– There was bloodbath for Tesla stock as billions of dollars were just got wiped off after its eccentric…
US personal spending plunged 7.5% in March amid shutdowns

US personal spending plunged 7.5% in March amid shutdowns

Washington– US personal consumption expenditures (PCE) plunged 7.5 per cent in March month-on-month amid widespread shutdowns triggered by the COVID-19…
Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mumbai– Reliance Industries (RIL) Chairman Mukesh Ambani has decided to forego his entire salary until the impact of the coronavirus…
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