Page 5 - Us Companies

US job openings near record in January, adding to price pressures

US businesses posted a near-record level of open jobs in January, a trend that has pushed up worker's pay and added to inflationary pressures in the U.S.

Reliance ties up with Sanmina for electronics manufacturing in India

A Reliance unit will invest 16.7 billion rupees ($220.86 million) in new shares of Sanmina's existing Indian entity, giving it a 50.1% stake in the joint venture

Chipset maker Nvidia confirms it is investigating cybersecurity incident

News of a potential cyberattack at Nvidia comes just weeks after the Santa Clara-based company terminated its $40 billion bid to acquire British chip designer Arm

Twitter CEO's paternity leave sparks question of how much is enough

In a sign of how quickly norms are evolving at US companies, the big question sparked by Parag Agrawal's announcement was why he wasn't using more of the 20 weeks that Twitter offers

OnlyFans appoints Mumbai-born Amrapali Gan as CEO

OnlyFans, which is known for hosting adult content, allows creators to monetise the content they want to share

Meta's India revenue up 16% to Rs 1,485 crore in FY21; net profit dips

Meta's (formerly Facebook) total income in India grew 16 per cent year-on-year to about Rs 1,485 crore in 2020-21, while its net profit dipped 6 per cent to Rs 128 crore, as per regulatory documents.

US fund TFCC to buy 46% stake in Chennai's Ramcharan for $4 billion

According to the company's official website, Ramcharan's registered office is at Dover City in Kent County

US companies added 534,000 jobs in November, ADP data show

The figures suggest steady improvement in a labor market where skills mismatches, job switching and pandemic-related factors are still making it difficult for employers to attract and retain workers

Uber survived the spying scandal, but they still fear for their career

The story Jacobs told, and the years it took to unravel, were entwined with Uber's terrible reputation.

DoorDash shares jump 17% on $8 billion deal, earnings beat

The all-stock deal is DoorDash's biggest purchase to date, eclipsing the acquisition of Caviar in 2019

Biden backs down on corporate tax hikes, open to altering filibuster

When asked about voting rights, Biden expressed support for changing the Senate filibuster tradition, which requires 60 of 100 US senators to agree on most legislation

Pinterest co-founder steps down to join Jony Ive's design firm

The departure comes at a complicated time for Pinterest, which is dealing with a number of accusations from former employees that the company discriminated against female workers

Delta Air warns of rising jet-fuel cost, clouding profit rebound

Delta remains the lone holdout among the largest U.S. airlines when it comes to requiring employee vaccination against Covid-19

PM Modi meets leading American CEOs; encourages them to invest in India

Prime Minister Narendra Modi on Thursday met a group of five top American corporate leaders on a one-on-one basis from a range of diverse sectors ranging from drones to 5G

Hughes, OneWeb ink pact for Low Earth Orbit satellite service in US, India

Hughes Network Systems and OneWeb have announced agreements for Low Earth Orbit satellite service in the US and India.

Procter & Gamble appoints Shailesh Jejurikar as the global COO

Procter & Gamble (P&G) on Friday announced the appointment of Shailesh Jejurikar as the global Chief Operating Officer (COO), making him the first Indian to do so. This is in line with the change at the Chief Executive Officer level with Jon Moeller taking over from David Taylor. "In October, Shailesh Jejurikar will become P&G's Chief Operating Officer (COO). As COO, Shailesh will have profit/loss responsibility for P&G's Enterprise Markets (Latin America, India, Middle East, Africa, Southeast Asia, and Eastern Europe)," P&G said in a statement. He will also lead Information Technology, Global Business Services, Sales, Market Operations, New Business, Purchasing, Manufacturing, and Distribution efforts for the company, the company added. Currently, Shailesh is the Chief Executive Officer of Procter & Gamble's largest business sector, Fabric and Home Care, which includes brands such as Tide, Ariel, Downy, Gain, Febreze, Swifferand represents about one-third of ..

Domino's posts upbeat profit, revenue as new menu items boost sales

Domino's is one of the biggest beneficiaries of the pandemic-induced lockdowns

Apple delays office return by at least a month as Covid-19 spikes in US

The iPhone maker becomes one of the first US tech giants to delay plans for a return to normality

Bill Ackman abandons Universal Music SPAC deal after SEC backlash

The original deal would have valued the home of Taylor Swift, Drake and Billie Eilish at 35 billion euros ($41.3 billion) including debt.

Robinhood seeks up to $35-billion valuation in upcoming mega US IPO

About 55 million shares are being offered in the IPO to raise over $2.3 billion