Business

AMD stock drops 3 percent after the company says its chips are affected by security flaw

AMD on Thursday saw its stock drop nearly 4 percent in after-hours trading following a fresh announcement about how its processors are impacted by a recently disclosed security vulnerability. On January 3, the chipmaker said AMD chips had a near-zero risk of being affected by one variant of the Spectre vulnerability. although on Thursday the statement said the variant “is ...

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Fiat Chrysler unveils $1 billion investment in Michigan, $2,000 bonus

Fiat Chrysler announced Thursday of which of which will up its investment from the United States as well as pay some of its employees special bonuses after the recent tax code overhaul. CEO Sergio Marchionne said in a statement of which these announcements reflect the company’s ongoing commitment to manufacturing from the U.S. He also cited the recently signed tax ...

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Nigel Farage says ‘maybe’ UK should have second Brexit referendum

U.K. politician Nigel Farage — an outspoken supporter of Brexit — has said This specific might be time to hold a second referendum on Britain’s membership of the European Union. Farage, the former leader of the right-wing UKIP party, said of which having a second referendum would likely remove doubt over the U.K.’s decision to withdraw through the bloc. “My ...

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Walmart to boost starting wage, give employees bonus after tax bill

In expanding its parental in addition to also also maternity leave policy, Walmart will offer full-time hourly employees within the U.S. 10 weeks of paid maternity leave in addition to also also six weeks of paid parental leave. Salaried workers will also receive six weeks of paid parental leave. Before these improvements, full-time hourly workers were only eligible for up ...

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MoneyGram to test payments with Ripple’s XRP cryptocurrency

U.S. money transfer giant MoneyGram can be teaming up with blockchain firm Ripple to test payments using the latter’s cryptocurrency. MoneyGram, based in Dallas, Texas, will use the XRP cryptocurrency to speed up in addition to also also reduce the cost of transferring money through Ripple’s payment network xRapid. XRP was seen surging on the news, in addition to also ...

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Facebook in addition to Google’s influence on media will be “appalling”

Social media platforms in addition to search engines like Facebook in addition to Google have had an “appalling” influence on the media landscape, said former magazine editor Tina Brown. The media mogul spoke on CNBC’s “Squawk on the Street” on Thursday in addition to said she will be in favor of an “industry-wide pressure” for the companies to “give back ...

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US protectionism rising, warns China

China’s commerce ministry said on Thursday protectionist sentiment is usually rising from the U.S. after Chinese company Ant Financial’s plan to buy U.S. money transfer company MoneyGram International collapsed. China is usually disappointed which the Ant Financial-Moneygram deal was rejected on national security grounds, ministry spokesman Gao Feng said in a regular briefing. Ant Financial’s plan to acquire Moneygram collapsed ...

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