companies - updates

Rappler's latest stories on companies

ARTICLE FINDER

Ford to cut 7,000 jobs, 10% of global salaried staff

May 21, 2019 - 3:05 PM

The layoffs come as Ford phases out most sedan models in the United States and ramps up investment in electric cars and autonomous driving technology

EXIT. American automaker Ford plans to cease operations in Indonesia and Japan starting the second half of the year, due to weak profit outlook. File photo by AFP

Highlighting Asia’s global startup leadership at Ignite 2019

May 20, 2019 - 1:00 PM

Connecting the innovation ecosystem of the Philippines to the world

IGNITE 2019 is a two-day conference set to shine a spotlight on the role Asia’s startups play in leading global change, as well as create collaborative opportunities through their regional pitch competition and business matching activities.

DOTr to Cebu Pacific: Submit plan to prevent mass flight cancellations

May 15, 2019 - 6:50 PM

Cebu Pacific canceled around 14 flights a day from April 28 to May 10, according to the Civil Aeronautics Board

CANCELLED. Over 400 daily domestic flights have been cancelled by Cebu Pacific from April 28 to May 10. Photo from Cebu Pacific

Uber stock set to launch at $45 a share

May 10, 2019 - 3:12 PM

Shares will be priced at $45 for the initial public offering (IPO), valuing the startup at more than $82 billion, according to a filing with the US Securities and Exchange Commission

UBER. Security guards stand in front of Uber headquarters as ride share drivers from Uber and Lyft stage a protest on May 08, 2019 in San Francisco, California. Photo by Justin Sullivan/Getty Images/AFP

PLDT says on track to hit P26-billion core profit for 2019

May 10, 2019 - 9:00 AM

PLDT's core income grows by a decent 6% to P7.2 billion in the 1st quarter of 2019

ON TRACK. PLDT chairman and CEO Manny Pangilinan. File photo by Ralf Rivas/Rappler

NGCP, Meralco: Measures in place for power supply during elections

May 09, 2019 - 6:25 PM

The National Grid Corporation of the Philippines says it is ready to ensure 'reliable power transmission services before, during, and after the election date.' Meralco also has contingency plans.

A lineman fixes the current connections along Mendez Road, in Barangay Baesa, Quezon City on May 2, 2019. Photo by Darren Langit/Rappler

Rideshare drivers strike as Uber poised to go public

May 09, 2019 - 2:51 PM

Strikes taking place on May 8 highlight a dilemma for rideshare firms, which have faced challenges from regulators and traditional taxi operators for using a business model relying on independent contractors

PROTEST. Rideshare drivers for Uber and Lyft stage a strike and protest at the LAX International Airport, over what they say are unfair wages in Los Angeles, California on May 8, 2019. Photo by Mark Ralston/AFP

Optical Media Board to summon supermarket workers over 'Avengers: Endgame' screening

May 06, 2019 - 8:32 PM

The OMB says it will summon Savers Company and its personnel for allegedly showing 'Avengers: Endgame' illegally

Marvel Studios' AVENGERS: ENDGAME..L to R: War Machine (Don Cheadle) and Ant-Man (Paul Rudd)..Photo: Film Frame..©Marvel Studios 2019

Globe to pilot 5G in June 2019

May 06, 2019 - 12:44 PM

Globe says the commercial pilot launch this June will be for home subscribers outside Metro Manila

LISTEN: OPM singers unite to perform 'Sana Naman, Taumbayan'

May 03, 2019 - 6:53 PM

The song is released days ahead of the 2019 elections

Why is Huawei controversial?

May 02, 2019 - 12:55 PM

The United States has been very vocal with its fears that the Chinese company may be an international security threat. Why the fear?

SECURITY THREAT? Chinese telecommunications equipment provider Huawei has been banned from deploying 5G networks in 4 countries. / Photo from Shutterstock

Federal Land invests in earthquake technology for new BGC property

Apr 30, 2019 - 4:15 PM

Federal Land says this technology would provide an 'extra safeguard' for The Seasons Residences, which will rise in Bonifacio Global City

(1.TSR at night): EXTRA PROTECTION. Federal Land's The Seasons Residences will be the company's second development which will be making use of Nippon Steel Engineering Group's visco-elastic dampening system. Photo from Federal Land Caption (Damper): Federal Land taps Nippon Steel for its visco-elastic damper system to act as a shock absorber for their new BGC development to lessen the dizzying effect from eathquakes. Photo from Federal Land

Canceled Cebu Pacific flights for May 2019

Apr 29, 2019 - 9:50 PM

Operational woes continue to hound Cebu Pacific. More flight cancellations are set for May 2019.

Grab sets measures to curb driver, passenger cancellations

Apr 29, 2019 - 4:50 PM

Grab Philippines says it is 'mindful that cancellations are frustrating for everyone.' Here's how it plans to discourage both drivers and passengers from canceling rides.

Cebu Pacific: no credit card info accessed in GetGo breach

Apr 26, 2019 - 4:31 PM

Cebu Pacific adds GetGo member points remain secure, albeit locked, until the GetGo application server is fixed

Cebu Pacific's GetGo server breached

Apr 25, 2019 - 2:50 PM

(UPDATED) Hackers' group Pinoy LulzSec claims responsibility for the breach

UNAVAIBLE. Cebu Pacific's GetGo website is currently unavailable. Screengrab from GetGo website

Cebu Pacific resumes Clark flights evening of April 24

Apr 24, 2019 - 6:05 PM

These include flights to and from Hong Kong, Macau, and Cebu

FIXED. The collapsed ceiling at the departure area of the Clark International Airport is fixed as of 6 am, April 24, 2019. Photo from BCDA Group

Philippine Airlines to resume Clark flights on April 25

Apr 24, 2019 - 1:25 PM

Philippine Airlines says its flights to and from Clark for April 24 will remain canceled though airport operations are expected to resume within the day

FIXED. The collapsed ceiling at the departure area of the Clark International Airport has been fixed as of 6 am, April 24, 2019. Photo from Clark International Airport

Power firms deny collusion allegations

Apr 15, 2019 - 5:10 PM

Aboitiz Power Corporation's Manny Rubio says companies won't connive to cause power outages, as these are bad for business

Nuclear fuel removed from crippled Japan plant

Apr 15, 2019 - 4:48 PM

The delicate operation represents the first time the Tokyo Electric Power Company has pulled out fuel from inside a highly contaminated building containing the melted-down reactor, and comes 4 years behind schedule

This handout from Tokyo Electric Power Company (TEPCO) taken and released on August 22, 2017 shows workers pouring coolant to freeze the underground ice wall around the Fukushima Daiichi nuclear power plants in Okuma, Fukushima prefecture on August 22, 2017.  The Fukushima nuclear plant's operator on August 22 started freezing the last section of a $320 million ice wall designed to cut down on vast amounts of contaminated water at the site of the worst atomic accident in a generation. / AFP PHOTO / TOKYO ELECTRIC POWER COMPANY (TEPCO) / Handout / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Tokyo Electric Power Company (TEPCO)" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

It's official. Arya is the Filipinos' favorite Stark (or is she?)

Apr 14, 2019 - 12:16 PM

Ahead of the season 8 premiere, we looked into the ‘Game of Thrones’ topics fans have been talking about online. Spoilers ahead!

Uber sets IPO in motion, seeks to 'ignite opportunity'

Apr 12, 2019 - 7:04 PM

The filing with the Securities and Exchange Commission contains no specific pricing or timing for the market debut for Uber, which according to media reports is expected to raise some $10 billion

UBER IPO IN MOTION. In this file photo taken on May 8, 2018 the Uber logo is seen at the second annual Uber Elevate Summit at the Skirball Center in Los Angeles, California. File photo by Robyn Beck/AFP

2 workers killed, 2 wounded in Cebu coffee shop shooting

Apr 11, 2019 - 1:48 PM

The College Editors Guild of the Philippines condemns the 'culture of killing and impunity' that emboldened the killers. One of the fatalities is a campus journalist.

Australian firm eyes Philippine Navy contract for patrol vessels

Apr 08, 2019 - 3:30 PM

Austal Philippines president and general manager Wayne Murray says that aside from providing modern vessels to the Philippine Navy, they can offer lifetime support as well

Philippine Navy and Philippine Coast Guard personnel embarks to rubber boat to check the illegal pipe line and inspection as part of the rehabilitation program of Manila Bay in Manila on 19 February 2019. Photo by Lito Borras/Rappler

Meralco hikes power rates for April

Apr 08, 2019 - 1:30 PM

Meralco encourages consumers to conserve energy this summer

Startup launches helicopter ride-sharing service

Apr 03, 2019 - 2:30 PM

Tech startup Ascent offers ride-sharing in the skies

CHOPPER SERVICE. Ascent offers helicopter ride-sharing in select parts of the Luzon island region in the Philippines. Photo by Aika Rey/Rappler

ADVISORY: Some PAL flights moved to NAIA Terminal 1

Mar 31, 2019 - 9:45 PM

Philippine Airlines says 'these operational adjustments are being carried out to help minimize passenger congestion'

Cyberattack vs alternative media traced to PH-based attacker

Mar 30, 2019 - 4:16 PM

The attacker is Philippine-based, is likely a native Mandarin speaker, and uses the Telegram name 'P4p3r,' says a report by Swedish nonprofit Qurium

Alternative media groups file civil case amid cyberattacks

Mar 29, 2019 - 6:53 PM

'The magnitude, scope, and scale of the cyberattacks suggest that they were targeted, deliberate, and organized,' the complaint reads

Shakespeare’s Rose Theater brings ‘Macbeth’ and ‘A Midsummer Night’s Dream’ to Manila

Mar 27, 2019 - 2:01 PM

From Elizabethan England to modern-day Manila

FOUR LOVERS. Shakespeare's Rose Theater stages 'A Midsummer Night's Dream,' a comedy that follows 4 lovers lost in a forest. Photo courtesy of Shakespeare's Rose Theater Company

Cathay Pacific to buy budget airline HK Express for $628 million

Mar 27, 2019 - 1:10 PM

With the acquisition, Cathay Pacific would be in control of 3 of the 4 airlines in Hong Kong

(FILES) In this file photo taken on March 13, 2019, a Hong Kong Express passenger plane takes off from Hong Kong's international airport. - Hong Kong flag carrier Cathay Pacific announced on March 27, 2019 it will buy budget airline HK Express for 628.15 million USD. (Photo by Anthony WALLACE / AFP)

Uber to buy Mideast rival Careem for $3.1 billion

Mar 26, 2019 - 4:26 PM

'Careem and Uber are joining forces. We have reached an agreement in which Uber will acquire Careem for $3.1 billion,' a joint statement reads.

La Salle reclaims UAAP street dance crown

Mar 23, 2019 - 9:16 PM

The La Salle Dance Company rocks its way to the top of the UAAP street dance competition

Photo by Jerrick Reymarc/Rappler

Despite honesty system hitch, bus firm still willing to go 'conductorless'

Mar 23, 2019 - 7:45 PM

'This was a small hiccup. We will reintroduce conductorless buses… Give us a few months,' Green Frog Hybrid Bus Company founder and CEO says

Photo from Green Frog Hybrid Bus Company

Philex Mining eyes high-grade ores by 2022

Mar 22, 2019 - 1:26 PM

Philex Mining says that there are now strong indications of higher mineral resources compared to prior declared levels

CUSHIONING IMPACT. With pressure on metal prices, Philex Mining continues to manage costs and reduce expenses. Background image from Wikimedia

DMCI Mining expects rough 2019 due to lower inventory, nickel grade

Mar 21, 2019 - 7:45 PM

The inventory of DMCI Mining Corporation is 'nearly depleted' and it will be shipping 'mostly lower grade nickel' this year

Despite having the suspension of one of its nickel assets, DMCI mining still sees a rough 2019 due to lower inventory and a drop in its ore grade. Photo from DMCI website

A new breed of Filipino data professionals

Mar 20, 2019 - 1:30 PM

What does it take to be in data science? For them, it is knowing that you can’t know everything but wanting to find as many answers as you could

LIST: Power interruptions due to Meralco maintenance in March 2019

Mar 18, 2019 - 3:25 PM

Here are the areas with scheduled power interruptions due to maintenance work of the Manila Electric Company

Electricity meters in Barangay Bagumbayan South in Navotas City on August 2, 2017

LTFRB again rejects Go-Jek entry into Philippine market

Mar 18, 2019 - 3:10 PM

(3rd UPDATE) The Land Transportation Franchising and Regulatory Board reiterates that Go-Jek's local subsidiary does not meet the 60% Filipino ownership requirement

REJECTED. Philippine transport regulators reject Indonesian Go-Jek's entry in the country.

EXPLAINER: What caused Manila Water's service problems?

Mar 12, 2019 - 8:30 PM

Affected residents will have to wait for heavy rain to fill up the La Mesa Dam. In the long term, Manila Water eyes more water sources as a permanent fix.

Residents of Hill top, Brgy. Bagong Ilog in Pasig City on March 12, 2019, queue for water after the barangay experienced water shortage for several days cause by the operational adjustments conducted by Manila Water. Photo by Darren Langit/Rappler

Manila Water on the hunt for new water sources

Mar 12, 2019 - 7:26 PM

(UPDATED) Manila Water is looking to replenish and add to its supply of water to quench the demand

A volunteer distributes water from a firetruck to residents of Barangay Oranbo, Pasig City on March 12 2019. Photo by Maria Tan/Rappler

Maynilad to share supply with Manila Water

Mar 12, 2019 - 5:10 PM

The water sharing scheme will be done on a 'staggered' basis, possibly as early as March but more certain by April

ADJUSTMENTS. MWSS approves an increase in Maynilad water rates and a reduction in Manila Water tariffs. Photo by AFP

DTI seeks Dutch shipbuilding firm investment

Mar 08, 2019 - 1:59 PM

While the Damen group has partnerships with local firms, it is currently not a player in the Philippines' shipbuilding industry

Philippines-SKorea-Hanjin-shipping, by Mynardo Macaraig Workers labour at the mammoth shipyard of Hanjin Heavy Industries and Construction-Philippines, the local arm of South Korea's Hanjin group in Subic Bay northwest of Manila on March 13, 2009. The shipyard has been criticised for its poor working conditions which have led to 19 fatalities in just three years. AFP PHOTO / JAY DIRECTO (Photo by JAY DIRECTO / AFP)

WATCH: Angkas x Dante Gulapa is the collab you didn't know you needed

Mar 08, 2019 - 1:57 PM

We didn't ask for it – but we got it anyway

VIRAL X VIRAL. Dante Gulapa collabs with Angkas. Screenshot from the Angkas Facebook page

Ride-hailing firm Grab secures $1.5 billion in funding

Mar 06, 2019 - 2:06 PM

The fresh investment from the Vision Fund of Softbank Group brings the total financing secured by Singapore-headquartered Grab over the past year to more than $4.5 billion

Grab Philippines donates shooting simulator to highway police

Feb 27, 2019 - 6:40 PM

Grab says the simulator would enhance the PNP Highway Patrol Group's road safety and security skills

SIMULATOR. Philippines' top cop Oscar Albayalde tried out the shooting simulator donated by Grab. Photo from Grab Philippines

Aside from ANA, PAL not getting other foreign investors yet

Feb 27, 2019 - 2:05 PM

Philippine Airlines says it is still in talks with ANA Holdings and could reach a final agreement by March

NEW SERVICES. PAL President and CEO Jaime Bautista talks to the media after the launch of the new Premium Economy Class. Photo by Aika Rey/Rappler

PAL offers one-way fares as low as P78 on March 1

Feb 27, 2019 - 1:35 PM

Philippine Airlines is having a promo from March 1 to March 10

NEW AIRCRAFT. The new Airbus A350 Love Bus order of the Philippine Airlines arrives in Manila. Photo from PAL

Back to black: Cathay Pacific says it has ended 2 years of losses

Feb 20, 2019 - 4:17 PM

The airline says it expects to record a consolidated profit of around $293 million for 2018

TAKING OFF. A Cathay Pacific passenger plane takes off from the international airport in Hong Kong on August 17, 2016. File photo by Anthony Wallace/AFP

Airbus pulls plug on costly A380 superjumbo

Feb 14, 2019 - 4:35 PM

(UPDATED) It marks a disappointing end to a bold bet on how millions of people would travel in the future, as airlines struggled to fill a plane capable of carrying anywhere from 500 to 850 people

AIRBUS A380. A picture taken on February 14, 2019 in Toulouse shows an Emirates' airline Airbus A380 parked in front of Airbus plant, as European aerospace giant announced it would end production of the A380 superjumbo. Photo by Remy Gabalda/AFP