The US-based Boeing Co., one of the world's largest manufacturers of aircraft, space and military equipment, has received orders for 909 aircraft in 2021, a 17.9 percent increase over Europe's Airbus, according to the US company release. Airbus said that its total orders for 2021 stood at 771 aircraft. Boeing's orders in December totalled 80 aircraft, almost a quarter less than in November....

The spread of the omicron strain in the US has forced upcoming companies to rethink their plans. Some of them are refusing to celebrate their debut widely, while others are postponing their IPOs altogether, the WSJ says. The rapid spread of the Omicron strain in the United States is complicating the interaction with stock exchanges for companies planning to launch IPOs earlier this year, bankers...

Apple CEO Tim Cook earned nearly $100 million in 2021, 570% more than a year earlier, and 1,447 times the company's average salary. Apple's CEO Tim Cook earned nearly $100 million in fiscal year 2021, according to a company report sent to the US Securities and Exchange Commission (SEC). According to the document, Cook's annual salary was $3 million, and he received another $82.3 million in...

US billionaire Warren Buffett's bet on investing in Apple shares could be one of the most rewarding for an investor. Buffett's conglomerate, Berkshire Hathaway, bought the tech giant's 5% stake for $36bn in 2018. Now it is worth around $160bn, CNBC reports. Apple's stake in Berkshire Hathaway's portfolio is around 40%, according to calculations by InsiderScore.com. Buffett's conglomerate receives...

Riot Games has agreed to pay a $100 million settlement to former female employees who launched a discrimination and sexual harassment class action lawsuit in 2018. According to Reuters, the corporation will pay $80 million to the plaintiffs, who include current and former Riot Games female employees, as well as temporary female employees of the company's California office. All of the...

Apple's supplier has halted iPhone production at a factory in India due to a mass poisoning of employees that sparked protests. This is not the first conflict between iPhone assemblers and workers in India, which Apple is betting heavily on to reduce its reliance on China. The factory of Taiwanese company Foxconn, which produces iPhones in India, has suspended operations due to a mass poisoning...

Moderna shareholders demanded that the company explain the high cost of its COVID-19 vaccine and disclose its production technology to companies in non-wealthy countries, the FT learned. Moderna challenged the shareholders' request to the SEC. Moderna, the maker of a COVID-19 vaccine, is facing shareholder demands to justify the high cost of the drug, the Financial Times wrote. According to the...

In trading on Thursday, December 23, Tesla's market capitalization once again surpassed $1 trillion, reaching $1.07 trillion, the last time it was at that level on December 10. Tesla's market value first surpassed $1 trillion on 25 October, with shares trading at $1,025 a share at the time.  In early November, Tesla shares began a sharp decline and then lost up to a quarter of their value...

The US regulator has announced launching an inspection of Tesla electric cars due to complaints about the availability of video games to drivers while driving. The inspection affects around 580,000 electric vehicles in all four Tesla models, the S, X, Y and 3, launched since 2017. "This feature... may distract the driver and increase the risk of a crash," the National Highway Traffic Safety...