Virgin Australia Closes Budget Offshoot, Fires 3,000 Staff
It would also continue the suspension of long-haul international flights and retire part of its fleet. Read more
Microsoft Could Be 'White Knight' For TikTok -- Or Fall Flat
Buying TikTok could make Microsoft a hipper, more youth-focused company. Read more
Trump Gives TikTok Six Weeks To Sell Itself To US Company
Trump said that Microsoft was in talks to buy TikTok, which has as many as one billion worldwide users. Read more
Australia Unveils Law Forcing Tech Giants To Pay For News
Both Facebook and Google say advertising revenue linked to news content is a small fraction of their overall revenue. Read more
Samsung Electronics Net Profit Climbs 7.3% In Q2
Samsung Electronics shares were up 1.69 percent in early morning trade. Read more
Drive-thru Strip Clubs Provide Pandemic Friendly Option For Exotic Live Entertainment
Gentleman's club in Houston, TX opens drive-thru strip club to help employees stay afloat. Read more
British Airways To Retire Entire 747 Fleet After Pandemic Travel Slump
The carrier turns to more modern and fuel-efficient models like Boeing's 787 and the Airbus A350. Read more
141 Pilots From Pakistan International Airlines Grounded For Carrying Fake Licenses
Pakistan's flag carrier has been banned in the US and UK due to pilot license fraud. Read more
Apple Wins EU Court Battle In €13 Bn Tax Case
The commission's historic ruling against Apple was delivered in August 2016 by Competition Commissioner Margrethe Vestag... Read more
American Airlines Notifies 25,000 Workers Of Potential Layoffs
American's layoff notices went to 2,500 pilots, 9,500 flight attendants, 3,200 maintenance staff and 1,000 reservations ... Read more
Britain Bans China's Huawei, Handing US Big Win
The move threatens to further damage Britain's ties with China and costs huge for UK mobile providers that relied on Hua... Read more
AirAsia's Future In Doubt Due To Virus; Share Price Tumbles
AirAsia had applied for bank loans to shore up liquidity. Read more
Samsung Electronics Forecasts Profits Jump Despite Virus
Samsung Electronics is crucial to South Korea's economic health. Read more
Australia's Qantas Cuts 6,000 Jobs In Post-COVID Restructure
The three-year plan to save Australia's carrier from 'the biggest crisis' would also see half the company's 29,000 staff... Read more
Johnson & Johnson Told To Pay $2.1 Billion Over Cancer-causing Talc Powder
Johnson & Johnson has faced thousands of lawsuits across the United States. Read more