Articles by April Kirstin Chua

Tech experts criticize electronic ban from cabins of some Middle Eastern, African flights to US

An airline official says that the electronic ban would affect some airlines flying into the US and would cover devices larger than a cell phone. This is due to a security concern regarding passengers boarding nonstop flights to the US from certain countries.

Mar 24, 2017 09:57 AM EDT

Gulf airlines worry about effects of electronics ban; UK follows new security measure

According to the new electronics ban, larger than smartphones such as iPads, Kindles and laptops will have to be checked in so that passengers could clear security and board their flight. The rules will be enforced come March 25.

Mar 24, 2017 09:39 AM EDT

Disney to give back wages to employees charged for their costumes

The US Department of Labor and two subsidiaries of The Walt Disney Co. have reached an agreement to give back $3.8 million in back wages according to a press release statement issued last Friday.

Mar 24, 2017 09:35 AM EDT

Japanese minister agrees to contribute information on developments with Toshiba

The Westinghouse sale represents the latest in a series of steps Toshiba plans on undertaking to deal with the losses coming from the nuclear unit's ill-fated purchase of a US nuclear power plant construction company in 2015.

Mar 20, 2017 08:55 AM EDT

Renault denies reports it cheated on emissions tests for decades

Renault shares plummet more than five percent on Thursday even after the company refused to acknowledge reports that it cheated on emissions tests for decades.

Mar 20, 2017 08:52 AM EDT

Cathay Pacific posts $74 million annual loss due to overcapacity, intense competition

Shares of Hong Kong's flag carrier dipped almost seven percent following the profit loss of HK$575 million for 2016, which was down from an HK$6 billion profit from the previous year.

Mar 16, 2017 08:11 AM EDT

Audi, VW sites raided by German prosecutors in emissions-scandal probe

Buyers of some 80,000 V6 3.0-litre Audi and VW diesel cars that were sold in the US from 2009 to 2015 were unaware of the emissions scandal

Mar 16, 2017 08:10 AM EDT

Neiman Marcus up for sale, Saks Fifth Avenue owner expresses potential buy out

Hudson's Bay Co., owner of Saks Fifth Avenue, has expressed its interest in buying Neiman Marcus that would exclude the latter's debts.

Mar 16, 2017 08:08 AM EDT

Toshiba looking to sell controlling stake in Westinghouse Unit

Toshiba president Satoshi Tsunakawa sidesteps questions for a Chapter 11 filing for Westinghouse and says there are various options.

Mar 15, 2017 07:11 AM EDT

HSBC breaks tradition, names AIA boss Mark Tucker as chairman

The chief executive of the Asian life insurer AIA Group will take over as HSBC chair on October 1, the first outsider to take on the role that breaks an HSBC tradition.

Mar 15, 2017 06:12 AM EDT

Apple found guilty of price-fixing practices in Russia, regulator says

Tech giant Apple is found guilty of fixing the price of iPhones in Russia for several years.

Mar 15, 2017 06:05 AM EDT

Vodafone vows to create 2,100 jobs in the UK to enhance quality of customer service

Mobile tech giant Vodafone is slowly trying to recover its tarnished reputation over the botched IT billing system and poor customer service record by hiring thousands of call center employees in the UK.

Mar 14, 2017 06:10 AM EDT

Intel buys Israeli tech, self-driving car company Mobileye in a $15.3 billion deal

Intel is moving into self-driving cars as part of its strategy to build up its position in emerging areas of computer technology.

Mar 14, 2017 06:08 AM EDT

Atlanta Fed appoints first African-American regional president as major step in diversity

The move marks as a progress for Atlanta Fed in regards to diversity as Bostic becomes the first African-American regional president in its history.

Mar 14, 2017 06:05 AM EDT

Trump banks on big tech investment from Middle East

US President Donald Trump met SoftBank Vision Fund Masayoshi Son just weeks after taking his seat on the presidency to discuss a huge new technology fund and investment.

Mar 13, 2017 12:30 PM EDT

Real Time Analytics