Business and Economy

Business and Economy Latest News

Swan song for General Electric as it completes demerger
Swan song for General Electric as it completes demerger
by  AFP

The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.

California fast food workers get $20 hourly minimum
California fast food workers get $20 hourly minimum
by  AFP

The minimum wage for many fast food workers in California rose to $20 per hour on Monday, sparking joy for employees but warnings of likely price increases in the state which already faces a high cost of living. Some chains have said they will need to increase prices and warn the wage hikes could ultimately cost jobs.

Energy

Money

Industry

Technology

Economy