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Business

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Maserati cancels electric MC20 plans over low demand
Stellantis' Maserati brand cancels plans for electric sports car

MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...

Volkswagen to slash 1,600 jobs at Cariad by year-end
Volkswagen to lay off 1,600 staff at Cariad software unit

BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...

Travel to and from Israel to be boosted by terminal reopening
israel's Ben Gurion International Airport to resume full operations

The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...

Tech stocks lead renewed selling on Wall Street
Dow Jones drops for fourth day in row, loses 537 points

NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...

Ford to invest up to $4.8 billion to revive struggling German unit
Ford to inject $4.8 billion to shore up cash-strapped German unit

FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...

Boeing links worker bonuses to company-wide performance
Boeing ties employee incentive plan to company-wide performance

SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...

New York

Section
New York fires 2,000 prison guards after wildcat strike
New York fires 2,000 prison guards who refuse to return after strike

ALBANY, New York: New York fired over 2,000 prison guards this week for not returning to work after a weeks-long strike that disrupted...

New York office market rebounds as big investors hunt for deals
NYC workers' return to office ignites hopes in real estate market

NEW YORK CITY, New York: New York's office market is showing signs of a comeback as major investors, including Blackstone, scout for...

Protests mount over detention of Columbia University student
Jailed Columbia University student moved from NYC to Louisiana

NEW YORK CITY, New York - A student of Columbia University, arrested for protesting against the carnage in  Gaza, has been moved out...

Trump plans executive order to abolish Department of Education
Trump to order Education Department abolished

WASHINGTON, D.C.: According to a report in the Wall Street Journal, former President Donald Trump is planning to sign an order to shut...

India refutes Pakistans terrorism claims over train hijack
India refutes Pakistans terrorism claims over train hijack

New Delhi has denied Islamabads allegations it is linked with the recent Jaffar Express hostage crisis The Indian Foreign Ministry...

Suns sinking fast as they prepare to host Kings
Suns sinking fast as they prepare to host Kings

(Photo credit: Jerome Miron-Imagn Images) The Phoenix Suns have yet to wave the white flag on their highly disappointing season....

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