Automotive

Ford Motor Co to lay off 1,400 non-production jobs

Ford Motor Co announced on Wednesday that it is looking forward to slash 1,400 salaried employees in Asia and North America through financial incentives and voluntary early retirement. The latest move is a part of the company’s effort to improve its stock value and limit expenses. The second biggest automaker said the layoffs would represent …

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Earnings Technology

Twitter Inc (NYSE:TWTR) adds 9 million monthly users in the first quarter, shares up

Twitter Inc (NYSE:TWTR) shares jumped nearly 8 percent on Wednesday after the company announced its financial results for the first quarter that beat consensus forecast. The better-than-expected performance was mainly driven by new features and increased users’ interest in political news. The microblogging service said its subscriber growth surged 6 percent to 328 million, as …

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Global

Iran vows to ban U.S. citizens in response to Donald Trump’s travel restrictions on seven Muslim-majority countries

  Donald Trump recently ordered to ban people from seven Muslim-majority nations including Libya, Somalia, Sudan, Iran, Syria, Yemen and Iraq from entering the U.S. The decision sparked anger among people in these countries and all across United States after immigrants and refugees were stopped from boarding the flights coming to the U.S. Civil rights …

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