Headlines:

Rolls-Royce will report an important headline loss

After the £671m settlement with regulators for past bribery and corruption, the UK aero-engine company Rolls-Royce is set to report the biggest headline loss in its history this week. It will reveal a pre-tax deficit of £4bn for 2016, when it reports annual results on Tuesday.

  • Written by Robert Woodward
  • Category: Companies

“Apple would not exist without immigration”, said CEO Tim Cook

“Apple would not exist without immigration, let alone thrive and innovate the way we do,” wrote Tim Cook in an email to Apple staff. Regarding Trump’s order in immigration, Cook’s position was clearly expressed: “It is not a policy we support.” “In the words of Dr. Martin Luther King, ‘We may have all come on different ships, but we are in the same boat now,’" he added.

  • Written by Robert Woodward
  • Category: Companies

Ford makes a colossal investment in self-driving cars AI

Ford announced it will giving Google and Uber veterans $1 billion over the course of 5 years to build a self-driving car brain. The new and previously unheard of artificial intelligence startup called Argo AI will help establish the company as a leader in the autonomous car space.

  • Written by Jed E. Robinson
  • Category: Companies

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