Articles by R. Ghosh

Holiday season travel to hit record high; air traffic to be busiest on Thanksgiving Day since 2000

Airline companies will benefit the most, with more than 4.45 million Americans expected to fly during the Thanksgiving holiday.

Nov 24, 2019

Russia to ban sale of gadgets without pre-installed Russian software; foreign tech companies to feel the heat

Although sale of smartphones, smart TVs and computers made in other countries won't be disallowed, the move might make many companies quit the Russia market.

Nov 24, 2019

U.S. regulators vote 5-0 to rule Huawei, ZTE national security threat; American tech companies to face the heat

A new set of restrictions will come to effect that will bar American carriers from using federal subsidies to buy products from Chinese companies that will be on the new blacklist.

Nov 23, 2019

Airbnb COO Belinda Johnson to step down, as company struggles to fight regulatory disputes

Johnson, who served as the COO since 2011, has time and again steered the company through regulatory disputes.

Nov 23, 2019

McDonald's workers sue company for failing to protect workplace violence

After repeated complaints, 17 McDonald's employees in Chicago filed a lawsuit alleging that the company's renovated stores made them more vulnerable to attacks from customers

Nov 22, 2019

WeWork starts layoff of thousands of employees globally, tries to bounce back after disastrous IPO

The long-awaited layoffs will see 2,400 of the office-sharing companies exiting, which almost 20% of its total workforce.

Nov 22, 2019

SpaceX loses first prototype as Starship rocket blows off top during ground test

Named Starship Mark-1, this was the first significant test of the vehicle's fuel tanks.

Nov 22, 2019

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Amazon is redefining the retail game; plans to open more cashierless stores by early 2020

The e-commerce giant also has plans of licensing its Amazon Go technology to other retailers including its biggest rivals.

Nov 21, 2019

Amazon prime

Aston Martin joins the luxury SUV race; launches DBX at a whopping $190,000

The all-new SUV, which has a top speed of 181 miles per hour and reaches 0-62 miles per hour in just 4.5 seconds, is also the first vehicle from the luxury sports car maker to have five seats.

Nov 21, 2019

South African Airways on the verge of financial collapse, as unions threaten fresh strike

The cash-strapped airlines said that it needs a government guarantee to secure a bank funding or it might fail to give salaries next month.

Nov 21, 2019

Popeyes opens Shanghai outlet posing stiff challenge to KFC in China

The fast food chicken chain's arrival will become a potential threat to Yum China's KFC, which has 6,300 stores across 1,300 cities in China

Nov 20, 2019

Boeing faces Herculean task of redesigning thousands of 737 aircraft as NTSB tightens noose

The company has already delivered close to 7,000 Boeing 737NG aircraft to airline companies across the globe.

Nov 20, 2019

More trouble for Juul as New York files lawsuit against e-cigarette maker

New York wants a ban on the e-cigarette maker for using deceptive marketing tactics to promote the habit of vaping and use of high-nicotine e-cigarettes in minors.

Nov 20, 2019

Didi Chuxing to launch driverless taxis in Shanghai as it struggles to meet growing demand

Robo-taxis can help Didi Chuxing in the near term as the ride-hailing service can presently meet only 65% of the demand of its huge customer base.

Nov 20, 2019

Airbnb inks $500 million sponsorship deal with IOC for 10 years, weighing IPO ahead

The nine-year deal that covers five editions including next year's games in Tokyo, places Airbnb among the 12 top sponsors for Olympics.

Nov 19, 2019

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Another blow for Boeing as Ethiopian Airlines ditches Boeing 737 Max; plans to add Airbus A350 to fleet

Ethiopian Airlines has more than 20 pending deliveries of Boeing 737 Max, which haven't moved since the grounding of the aircraft.

Nov 19, 2019

Ford launches Mustang Mach-E: Here's all you want to know about all-electric SUV

Mustang Mach-E is Ford's first all-electric SUV, which costs $44,000 and will be available at the dealership by beginning of fall 2020

Nov 19, 2019

Coty buys major stake worth $600 million in Kylie Cosmetics; aims to tap reality star's social media followers

The all-cash deal will make the cosmetic giant responsible for the overall portfolio management, while Kylie Jenner will be overseeing the brand's creative efforts and communications

Nov 19, 2019

Robocalls hit an all-time high; anti-robocall bill likely to be passed by Senate

More than 5.7 billion robocalls were made in October, taking yearly figures to more than 49 billion.

Nov 18, 2019

Holiday season likely to help toy sales rebound; retailers gear up

Toy sales grew 3% to $3.69 billion the third quarter, much to the relief of ailing toymakers. The rebound is more likely given that the all-important holiday season has always seen a surge in toy sales.

Nov 17, 2019

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