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Boeing reports big loss, hints at more job cuts

VCG Boeing reported a bigger-than-expected loss Wednesday and said it would further trim its plane production because of weak demand in the wake of the coronavirus pandemic.The aerospace giant

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Boeing to further assess workforce size amid COVID-19 pandemic

Photo taken on March 13, 2019 shows the Boeing logo at its headquarters in downtown Chicago, the United States. (Xinhua/Joel Lerner) "Regretfully, the prolonged impact

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CVS adds another Big Health product to its point solutions management program

CVS Caremark launched its point solutions management program with a sleep service from Big Health nearly a year ago, and now it’s adding another of the digital mental healthcare startup’s

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Trump's new visa restrictions seem like photo-op

Mary Chang, a mid-level manager at a Fortune 200 company in Washington, D.C., said recent U.S. visa restrictions seem more like a photo-op than anything else. "Limiting

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Google extends work from home through June 2021 under COVID-19 risks

Google will allow most employees to work from home through June 2021 as COVID-19 cases continue to surge, according to a report by San Francisco Chronicle on Monday.Sundar Pichai, CEO of both Goog

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Global Business Daily: Gold hits record price, travel shares plummet

"It seems to be a badly managed over-reaction."This is what Ryanair CEO Michael O'Leary reportedly told investors after the UK's decision to impose a 14-day quarantine on travelers arriving from Spai

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Hydrogen champion Hyundai races to electric as Tesla takes off

Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now, it's going on the offensive in the battery-powered market led by its U.S.

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The myth of Apple production leaving China

The Apple logo is seen at Apple's official retail store in Shanghai, November 1, 2019. /VCG Editor's note: Tom Fowdy is a British political and international relations analyst and a graduate o

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Feature: Online shopping blooms in Vietnam amid COVID-19 pandemic

An old lady picked up a phone call and hurriedly ran to the front gate of her house in Long Bien District of Hanoi on Sunday afternoon. A delivery man in red was await

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Tech at Work: Black gig workers speak out, and a look at Uber commitment to being anti-racist and Facebook's diversity report

Welcome back to Tech at Work, a bi-weekly roundup and analysis of labor, and diversity and inclusion in tech. This week, we’re looking at Uber’s anti-racism commitment, Shipt shoppers walk

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Schlumberger eyes deeper cost cuts as oil rout caused $3.7 bln charge

The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. /Reuters Oilfield services giant Schlumberger NV on Friday outlined plans for deeper spending

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Global Business Daily: UK retail boom, China travel rebounds

"A key milestone for us is that we will be reducing our carbon emissions 50 percent by the end of 2025."Finnair CEO Topi Manner told us the company is still on track to meet its planned carbon neutra

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Xi Focus-Quotable Quotes: Xi Jinping on revitalization of China's northeast

Chinese President Xi Jinping keeps a close watch on the revitalization of northeast China. He has spoken of the issue on many occasions. The following are some highlig

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iObeya raises $17M to digitize management planning processes like Agile

As we move deeper into the pandemic, companies are looking for ways to digitize processes that previously required in-person meetings with manual approaches. Investors appear to be rewarding companies

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The cybersecurity industry needs to reinvent itself

Organizations are spending more money on cybersecurity and feeling less secure. Last year, 93% of cybersecurity professionals said they were moderately or extremely concerned about cloud security.And

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U.S. weekly jobless claims rise, labor market recovery stalling

A line to file for unemployment claims at an Arkansas Workforce Center in Fayetteville, Arkansas, U.S., April 6, 2020. /Reuters The number of Americans filing for unemployment benefits rose la

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Taking on the perfect storm in cybersecurity

The cybersecurity industry is at a turning point.Traditional security approaches were already struggling to deal with rising cyberattacks, a shift to cloud and explosive growth in Internet of Things