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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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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Technology

Netflix Inc. (NASDAQ:NFLX) shares flying high in the after-hour trading following strong subscriber growth in the third quarter

Netflix Inc. (NASDAQ:NFLX) announced strong subscriber growth in the third quarter as original shows lured new international viewers and helped the company to retain its U.S. customers in spite of a price increase. The company added roughly 3.20 million subscribers globally in the latest quarter, well above 2.01 million estimated by analysts. In the U.S, …

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