Red Planet

Delivering the Best News to you!

Dire unemployment forecast demands ‘immediate action’ - White House advisers

Top White House economists pushed back on Wednesday against overly rosy interpretations of the Congressional Budget Office’s economic forecasts, and called for immediate action to avert the risk of persistent

Read More

Two Google engineers resign over firing of AI ethics researcher Timnit Gebru

An engineering director and a software developer have quit Alphabet Inc’s Google over the dismissal of AI researcher Timnit Gebru, a sign of the ongoing conflicts at the search giant

Read More

Alibaba sets initial price guidance on $5 billion bond offering

Alibaba Group Holding Ltd on Thursday set in motion its $5 billion U.S. dollar bond deal by announcing the initial price guidance in a marketing term sheet reviewed by Reuters.

Read More

Ford Motor terminates electric vehicle plans with China’s Zotye

Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China’s Zotye Automobile, the U.S. auto giant said on Thursday. It said that China’s electric vehicle

Read More

Robinhood to allow buying fractional shares of GameStop, AMC

Online brokerage app Robinhood, which is at the center of a Reddit-fueled rally in a handful of stocks heavily shorted by hedge funds, said on Wednesday it would allow investors

Read More

Parler CEO John Matze says he was fired by board

The board of Parler, a social media platform backed by Republican Party donor Rebekah Mercer and favored by U.S conservatives, has fired its CEO John Matze, he said on Wednesday.

Read More

Investment banking boom lands Deutsche Bank first profit since 2014

Deutsche Bank eked out a small annual profit in 2020, its first since 2014, saying on Thursday it had made strong gains at its investment banking division. Over the past

Read More