Articles by R. Ghosh

$10 billion and counting: Disney set for a record year at the box office

In 2016, Disney raked in $7.4 billion globally from its box-office titles, the highest a studio has ever earned in history

Dec 16, 2019

Uber launches appeals to get back London license; drivers can continue to take rides

The appeal makes the entire process intricate for the ride-hailing service company, as it could take months, even years, to end the entire proceedings

Dec 15, 2019

Trade deal a victory for Tim Cook? Apple may have just avoided iPhone tariffs

Had the US not reached a trade deal with China, a new wave of tariffs that would have come to effect on December 15, could have hurt Apple once again

Dec 15, 2019

Is it the beginning of the end of trade war? U.S. and China agree on phase-one trade deal

The signing of the phase-one trade deal is an indication that both the U.S. and China now want to resolve the two-year-long trade war

Dec 14, 2019

Southwest strikes partial compensation deal with Boeing for 737 Max losses; to share proceeds with employees

The US airline company, which has 34 Boeing 737 Max jets in its fleet, is in talks with the company for further compensation,

Dec 13, 2019

Ferrari's first all-electric car to arrive after 2025; company to stick to hybrid vehicles at present

The company's CEO Louis Camilleri said that the battery technology still needs some development before the it goes ahead with its plans of a fully electric car.

Dec 13, 2019

FAA Boeing 737 Max probe: Former manager links faulty sensors to two fatal crashes

Former manager Ed Pierson draws links between aircraft's faulty Angle of Attack sensors and the two fatal crashes that led to the death of 346 people.

Dec 12, 2019

Saudi Aramco's shares surge on market debut; becomes the most valued company, as country takes a big leap towards economic overhaul

It has been Mohammad bin Salman's long dream to overhaul Saudi Arabia's oil-driven economy and the company's market debut is the first major leap towards that direction.

Dec 12, 2019

Domino's Pizza chairman to step down, as company hunts for new CEO and chairman

The company's chairman Stephen Hemsley's exit follows the retirement of its CEO David Wild in August.

Dec 11, 2019

General Motors loans $40 million to Lordstown Motors to produce first electric pickup by 2020

Lordstown Motors Corp had bought the Ohio factory for $20 million from General Motors in November as part of its plans of rolling out electric pickup trucks by the end of 2020.

Dec 11, 2019

Arriving today: Apple to start selling Mac Pro at a whopping $5,999

Mac Pro doesn't come with a display, so Apple will also be selling its 6K Pro Display XDR starting at $4,599.

Dec 10, 2019

Sanofi to acquire Synthorx for $2.5 billion; Plans to boost its immuno-oncology pipeline

The French healthcare giant has agreed to buy all the outstanding shares of the California-based biotechnology company for $68 per share in cash

Dec 10, 2019

Tesla Model 3 cars get recommended for subsidy in China as Tesla gears up delivery

China's Ministry of Industry has recommended two variants of Made-in-China Model 3 cars, which were found on the list for new energy vehicle subsidies

Dec 9, 2019

Elon musk

Adobe acquires Virtual Reality tool Oculus Medium from Facebook

Facebook purchased Oculus in 2014 for $2 billion following the Federal Communications Commission approval for the acquisition

Dec 9, 2019

Facebook Mark zuckerberg

FAA tightens noose on Boeing; seeks to fine the company $3.9 billion for installing faulty airplane parts

The FAA has alleged Boeing of failing to adequately oversee its suppliers and failing to prevent the installation of faulty parts on at least 130 737 NG airplanes

Dec 8, 2019

Ericsson found guilty of corruption by US authorities; to pay $1.2 billion to resolve bribery charges

According to US authorities, Ericsson conspired with third parties to bribe government officials in five countries in Asia and the Middle East between 2000 and 2016.

Dec 8, 2019

Samsung

Is Uber ride safe? Company says it received over 3,000 reports of sexual assault in U.S. in 2018

The rail-hailing firm revealed that it received 3,045 reports of sexual assault during rides in 2018 of which 235 were incidents of rape.

Dec 7, 2019

H&M partners with YCloset to test clothing rental in China; attempts to explore sustainable fashion space

The fast-fashion industry is one of the biggest emitters of greenhouse gases and H&M's move is in a bid to boost its environmental credentials.

Dec 7, 2019

Boeing may temporarily halt production of 737 Max jets, as struggle continues to get the aircraft back to service

Earlier in April, the company cut its production of 737 Max from 52 to 42 a month, as the grounding of the aircraft has also temporarily stopped deliveries.

Dec 6, 2019

Costco to sell Beyond Burgers, as demand for plant-based meat products continue to grow

After Impossible Foods, Beyond Meat will now sell its burgers from some of Costco Wholesale stores in a bid to capture more self space for its fast-growing plant-based meat products.

Dec 6, 2019

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