Ford, Nissan Pause Car Production Because of Material Shortage Posted March 2, 2021 Car manufacturers Ford and Nissan have trimmed their production of certain vehicles because of a semiconductor shortage. Semiconductors, also known as chips, a…
Chicken Companies Face Lawsuits for Controlling Market Prices Posted February 24, 2021 Chick-fil-A and Target are suing poultry processors because of alleged collusion to manipulate chicken prices. The two companies filed separat…
Major Airline Plans Budget Cuts during Pandemic Posted February 14, 2021 Major American low-cost airline JetBlue Airways is planning budget cuts for 2021 amid the pandemic. According to a company memo, JetBlue’s top executives, who received …
Resellers Using Bots to Buy High-Demand Game Console Posted February 10, 2021 Resellers have been using so-called scalper bots to buy the PlayStation 5 (PS5), causing the console to quickly go out of stock. Scalper bots are software prog…
Technology Company to Move Headquarters Posted February 2, 2021 Technology company Hewlett Packard Enterprise (HPE) is set to relocate its headquarters from San Jose, California, to Houston, Texas, by 2022. In a statement, the company said …
Amazon Launches New Online Pharmacy Service Posted January 24, 2021 Online retailer Amazon has recently launched Amazon Pharmacy, a service where customers can order prescription medicines online. Amazon Pharma…
Canada Considers Taxing Foreign Online Service Providers Posted January 18, 2021 Canada has proposed a law that will impose taxes on streaming platforms such as Netflix and Spotify, as well as other online services like Amazon. The tax prop…
Apple to Pay Fine for Update that Slowed Down iPhones Posted January 10, 2021 Apple will pay $113 million to settle a lawsuit claiming that it deliberately slowed down old iPhone models. More than 30 US states, including California and A…
Amazon Files Lawsuit against Two Social Media Influencers for Selling Fake Goods Posted December 31, 2020 Amazon has sued social media influencers Kelly Fitzpatrick and Sabrina Kelly-Krejci [KRAY-chee] for facilitating the selling …
Spotify to Buy Company to Expand Its Podcast Business Posted December 29, 2020 Music streaming service Spotify is set to buy Megaphone, a podcast publishing and advertising platform. The acquisition, which is worth $235 million, is Spotify’s most ambitiou…