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Category: Business

U.S. auto safety regulator awards over $24 mln to Hyundai Motor whistleblower
Business

U.S. auto safety regulator awards over $24 mln to Hyundai Motor whistleblower

hornbaeknetNovember 21, 2021November 15, 2021
The U.S. auto safety regulator announced on Tuesday its first-ever reward to a whistleblower, handing out more than $24 million to a former Hyundai Motor Co (005380.KS) employee who provided...
Salesforce CEO Benioff invests in search engine startup You.com
Business

Salesforce CEO Benioff invests in search engine startup You.com

hornbaeknetNovember 20, 2021November 15, 2021
You.com, a startup looking to challenge Alphabet Inc's (GOOGL.O) Google by developing a more customizable search engine, announced on Tuesday a $20 million investment led by the venture fund of...
Naomi Osaka-backed Sweetgreen targets up to $2.7 bln valuation in IPO
Business

Naomi Osaka-backed Sweetgreen targets up to $2.7 bln valuation in IPO

hornbaeknetNovember 19, 2021November 15, 2021
Tennis star Naomi Osaka-backed salad chain Sweetgreen Inc said on Tuesday it was seeking a valuation of up to $2.7 billion in its initial public offering in the United States....
AB Foods forecasts Primark rebound and U.S. expansion
Business

AB Foods forecasts Primark rebound and U.S. expansion

hornbaeknetNovember 18, 2021November 15, 2021
Associated British Foods (ABF.L) expects its Primark fashion business to recoup all the sales lost in its last financial year to pandemic lockdowns and plans to accelerate its expansion in...
Musk’s potential Tesla stake sale follows share surge
Business

Musk’s potential Tesla stake sale follows share surge

hornbaeknetNovember 17, 2021November 15, 2021
Should Elon Musk decide to unload some of his stake in Tesla Inc (TSLA.O), he will be capitalizing on a massive rally that has made the electric-vehicle maker one of...
Japan PM says crafting stimulus package to achieve ‘virtuous’ growth
Business

Japan PM says crafting stimulus package to achieve ‘virtuous’ growth

hornbaeknetNovember 16, 2021November 15, 2021
Japan's Prime Minister Fumio Kishida vowed on Tuesday to put the economy on track by boosting private-sector investment and disposable income to achieve a "virtuous cycle" of economic growth and...
Greenpeace Germany sues Volkswagen over carbon emissions targets
Business

Greenpeace Germany sues Volkswagen over carbon emissions targets

hornbaeknetNovember 15, 2021
Environmental activist Clara Mayer and the heads of Greenpeace Germany have sued Volkswagen (VOWG_p.DE) in a German court, the NGO said on Tuesday, accusing the automaker of failing to do...

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