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01 Apr, 2020
BP to take $750 million hit after backing out from Angola
According to Reuters, BP P.L.C. (NYSE: BP), a British multinational oil and gas company headquartered in London, England, and one of the seven major one of the world's seven oil and gas "supermajors will take on a $750 million charge for un..
Boeing to Layoff Workers at North Charleston Plant
Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..
Tesla Reportedly Venture into the Music Streaming Business
Tesla Inc. (NASDAQ: TSLA) maybe venturing into a new direction. According to a report published a tech news site, Recode, the electric car manufacture is considering launching its own streaming music platform.Music industry sources claimed that..
Cenovus CEO Brian Ferguson to Resign, Planning to Sell Non-Core Assets
On Tuesday, Cenovus Energy Inc (NYSE: CVE) announced that Brian Ferguson, the company’s President and CEO, will step down on October 31, but will continue in a transition adviser position until March 31, 2018.Cenovus said that i..
Tesla Is Now Closer to Start Manufacturing in China
Tesla Inc. (NASDAQ: TSLA) is closer to finalize an agreement that will allow the company to produce cars in China. If successful, the electric car manufacture will get access to the world’s largest auto market. According to a report by Bl..
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