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US business startups

Creation of new US startups lags behind 2008 levels

American companies are getting older. According to recently published US data, in 2016 nearly 20% of American business companies were less than 10 years...
General Motors Ebike

General Motors enters in electric bikes business

General Motors plans to launch two new electric bikes next year - one foldable and one compact, as part of the car maker's attempt...

Russian oil producer Rosneft tripled its net profit in Q3 2018

Russian oil producer Rosneft nearly tripled its net profit in Q3 2018 to 142 billion rubles (2.13 billion USD) due to output growth and...
Walmart food online

Walmart overtakes Amazon in a survey among consumers buying food online

The world's largest retailer Walmart overtakes the online giant Amazon in a survey among consumers buying food online. According to the survey, majority of...
Hyperloop tunnel

Elon Musk’s Boring Company hows the first Hyperloop tunnel in early December

Elon Musk's technology developer company Boring Company plans opening its first tunnel for Hyperloop in Los Angeles. The US entrepreneur publishes some hypnotizing footage...
Apple iPhone XR

Apple cancels the extra production of the iPhone XR

The technology giant Apple has ordered its smartphone subcontractors Foxconn and Pegatron to stop their plans for additional production lines for the iPhone XR...
Facebook accounts

Facebook blocked hundreds accounts before the midterm elections

Social network Facebook reported that it has blocked 115 accounts that may participate in "coordinated non-violent behavior" before the official start of the US...
Berkshire Hathaway

Berkshire Hathaway reported strong increase in operating profit in Q3 2018

Warren Buffett's conglomerate Berkshire Hathaway reported doubled operating profit in Q3 2018, due to the stronger performance of the insurance business and lower taxes. The...

SoftBank’s technology investments boosted profit for the quarter

The Japanese technology giant SoftBank Group reported profit for the second quarter, which surpassed even the highest expectations of analysts. The company's operating profit...
Exxon Mobil

Exxon Mobil and Chevron reported strong finance results for Q3 2018

Exxon Mobil and Chevron presented their strongest results for the third quarter in four years. With this news, the big oil companies ended the...

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