Tag: US

News

Spain hits Apple, Amazon with €194m antitrust fine

The US digital behemoths Amazon and Apple were fined a combined sum of 194 million euros ($218 million) by Spain’s antitrust watchdog on Tuesday for colluding in the selling of goods. The regulator stated in a statement that the two companies had agreed to prohibit the selling of Apple items on Amazon’s Spanish websites by […]

US schools deploy robots as security
News

US schools deploy robots as security

Alex Omenye Some schools in the US have started deploying robots to secure the campus against intruders. The Santa Fe High School in New Mexico is one of the first US schools to test an autonomous robot that employs artificial intelligence to learn the routes around the campus and the regular hours of activity, according […]

US arrests Chinese tycoon Wengui over $1bn fraud
News

US arrests Chinese tycoon Wengui over $1bn fraud

  US authorities have accused a New York-based Chinese property tycoon, Guo Wengui of a billion-dollar fraud. BBC reported that Wengui and one of his business partners, Kin Ming Je, were charged for wire fraud, securities fraud, bank fraud and money laundering. Mr Guo is known to be an associate of ex-White House chief strategist […]

US adds over 500,000 jobs despite global workforce reduction
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US adds over 500,000 jobs despite global workforce reduction

  By Christian George Despite the increasing slashing of workforce globally, US employers added 517,000 in January. A report on Friday has it that unemployment and redundancy has reduced while employment peaked despite economists forecast of recession around the corner. The surge in demand for workers has helped in increasing wages and contributed to inflation. […]

Business

White House slashes credit card fees, app charges

Oluwanifemi Ojo   The Executive Office of the President of the United States has announced its plans to reduce charges on credit card late fees and slash the prices charged on mobile app stores by Apple and Alphabet, Google parent company. White House officials said the effort to slash these charges is part of a […]

Business featured

US, Africa sign MoU to foster trade

The United States Chamber of Commerce’s, Africa Business Center and the African Continental Free Trade Area Secretariat have signed a Memorandum of Understanding (MoU) today to form a working group to promote trade and investment between the United States and Africa, The MoU is also in the bid to reaffirm the private sector’s commitment to […]

Terrorism: US slams $778m fine on Lafarge
News

Terrorism: US slams $778m fine on Lafarge

The United States Government has slammed a heavy fine around the tune of $778m on French cement giant Lafarge. According to the US Justice Department said on Tuesday, Lafarge had admitted to providing material support to Islamic State and other terror groups during the Syrian civil war. The Justice Department has called Lafarge’s decision to […]