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Category: Business

Farm, consumer groups urge U.S. to block Kroger’s planned $25 bln buy of Albertsons
December 20, 2022December 14, 2022 redshift6com

Farm, consumer groups urge U.S. to block Kroger’s planned $25 bln buy of Albertsons

Business

Advocacy groups, including the Open Markets Institute and National Farmers Union, on Thursday asked U.S. antitrust enforcers to stop Kroger Co (KR.N)’s planned $25 billion

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Elon Musk expects Neuralink’s brain chip to begin human trials in 6 months
December 19, 2022December 14, 2022 redshift6com

Elon Musk expects Neuralink’s brain chip to begin human trials in 6 months

Business

Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after

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Budget airline Volaris expands El Salvador-United States routes
December 18, 2022December 14, 2022 redshift6com

Budget airline Volaris expands El Salvador-United States routes

Business

Low-cost carrier Volaris’ El Salvador operation will expand its flights to the United States, adding three new routes out of the San Salvador airport, the

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Wells Fargo cuts hundreds of jobs in mortgage business
December 17, 2022December 14, 2022 redshift6com

Wells Fargo cuts hundreds of jobs in mortgage business

Business

Wells Fargo & Co (WFC.N) has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar

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How a revamped U.S. biofuel program could help electric vehicle makers
December 16, 2022December 14, 2022 redshift6com

How a revamped U.S. biofuel program could help electric vehicle makers

Business

The Biden administration on Thursday proposed an overhaul of the nation’s biofuel policy that would for the first time allow electric vehicle manufacturers to tap

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HSBC shedding at least 200 senior operations managers in global cuts
December 15, 2022December 14, 2022 redshift6com

HSBC shedding at least 200 senior operations managers in global cuts

Business

HSBC (HSBA.L) is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce

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Crypto companies crash into bankruptcy
December 14, 2022 redshift6com

Crypto companies crash into bankruptcy

Business

2022 has been a rough year for the crypto industry. The price of bitcoin has dropped 65% since the start of the year, the cryptocurrency

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