The world’s largest economy continued to boom last month, with employers in the US adding more than 300,000 jobs, the greatest increase in over a year. According to the Labor Department, the unemployment rate decreased to 3.8% as most industries added jobs, including the government, construction, and health care. […]
Business
For a lot of musicians, success in the US is a must for success in the industry. However, other musicians claim that because obtaining a visa is becoming more expensive, they are losing money by touring there. Professional musicians and entertainers need to apply for specific types of visas before […]
After entering a guilty plea to insider trading on Thursday, billionaire Joe Lewis—whose family trust owns the Tottenham Hotspur football team—was fined $5 million (£4 million), although he will not go to jail. This is the tale of how his scheme to enrich himself and his friends and staff fell […]
After purportedly abandoning its aspirations for self-driving cars, Apple has reportedly slashed more than 600 positions. According to Bloomberg, the address of the location where the recently shelved self-driving car project in California was being developed accounts for the majority of the reduction.On March 28, the state’s employment department received […]
According to Samsung Electronics, the company anticipates a more than ten-fold increase in profits for the first three months of 2024 over the same period the previous year. It coincides with a rise in demand for AI-related products and a recovery in chip prices from their post-pandemic low. based […]
Boeing compensated Alaska Air with $160 million (£126 million) to make up for the damages the airline endured after a dramatic mid-air rupture in January. Alaska announced that more refunds were expected in the following months, and the money will compensate for revenue losses from the year’s first three months.Regulators […]
McDonald’s will repurchase every one of its eateries in Israel since sales were negatively impacted by a boycott of the company due to its alleged support of Israel. Following its Israeli franchise’s distribution of thousands of complimentary meals to Israeli soldiers, the fast food behemoth faced criticism.McDonald’s reported that it […]
In the first three months of the year, Elon Musk’s Tesla saw a dramatic decline in deliveries as the electric vehicle manufacturer dealt with a fire at its European facility, problems with international shipping, and other issues. Less than 387,000 electric cars were delivered to customers by the corporation, which […]
Disney has triumphed in a boardroom dispute with detractors who claimed the media behemoth had lost its creative edge and mishandled its streaming strategy. Activist investors, who claimed the board of directors of the corporation was too close to Disney’s leadership, had applied for seats on it, among them Nelson […]
There are rumors that Google, the search engine that over a billion people use worldwide, may start charging for premium material produced by artificial intelligence (AI). The Alphabet Inc.-owned corporation is reportedly rethinking its economic strategy and considering enclosing some of its main products behind a paywall.This would be Google’s […]
During a significant outage at parent company Meta on Wednesday, Instagram, Facebook, and WhatsApp all momentarily stopped operating. of app users complained about having trouble accessing the three websites in the evening, and many of them vented their frustrations on other social media platforms. A later update on Meta’s status […]
The cloud computing division of tech giant Amazon has announced job layoffs that would impact hundreds of employees. As per the company’s recent financial report, Amazon Web Services (AWS) has been experiencing growth and currently accounts for 14% of the overall revenue. Since the 2020 debut of Amazon Fresh, a […]
A symposium on the effects of data and artificial intelligence (AI) on organizations was recently held by MTN Business. The focus of the one-day conference was “Data and AI: Driving Business Value.” Gathering partners, industry leaders, and stakeholders, the event in Accra explored the revolutionary possibilities of data and artificial […]
Over 500 shoemakers in Ghana will be empowered thanks to a partnership between Access Bank Ghana and Horseman Shoes, an indigenous shoe manufacturer. According to a bank statement, workshops, SME engagement sessions, access to financing, and other specially designed initiatives will be among the non-financial and financial help methods used […]
Yaw Frimpong Addo, the deputy minister of food and agriculture, has encouraged young people and investors to become involved in farming since it has a lot of business potential. Speaking at the formal inauguration of the Agrigate Farm Online platform, Mr. Frimpong bemoaned the lack of interest shown by young […]
Fitch Solutions is anticipating significant public expenditure overruns by the Government of Ghana ahead of the December 2024 general elections. According to the UK-based firm, this is because the ruling New Patriotic Party government trails the largest opposition party, the National Democratic Congress, and would therefore spend heavily to win […]
The massive Danish shipping company Maersk has announced that it is getting ready to start shipping again across the Gulf of Aden and the Red Sea. The move follows the deployment of an international military operation to prevent attacks on commercial ships by Yemen’s Houthi rebels. Several firms have paused […]
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud and empowering its staff to be the first line of defence. Under the […]
With great pride, Guzakuza, the trailblazing organization dedicated to giving tools and resources to women in agribusiness throughout Africa and the diaspora, celebrates the successful graduation of 105 accomplished women from the seventh cohort of its flagship program, Ignite 2023. The African Women in Agribusiness Fellowship, or Ignite, is a […]
At the 12th AGI (Association of Ghana Industries) Ghana Industry and Quality Awards, B5 Plus gladly accepted the coveted title of “Best Company in the Metal Sector. ” This award represents a commitment to quality, sustainability, and encouraging the expansion of regional businesses. These honors bear witness to the sector’s […]