Binance CEO Changpeng ‘CZ’ Zhao categorized as false a Bloomberg report suggesting that Binance is considering delisting certain U.S.-based tokens like the stablecoin USDC. A person claiming to be fam...
Tag: Cut
Neiman Marcus Latest To Cut Staff As U.S. Retailers Shed Workforce
Neiman Marcus is the latest U.S. retailer to announce job cuts. (Photo by Robert Alexander/Getty … [+] Images) Getty Images When Neiman Marcus Group announced plans to lay off about 5% of its 10...
Banks cut crypto ties amid regulatory scrutiny
U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. These measures could force more crypto businesses ...
Sam Bankman-Fried Should Be Cut Off From the Internet: Prosecutors
Key Takeaways U.S. attorney Damian Williams wants Sam Bankman-Fried’s use of cellphones, tablets, computers, and the internet to be severely limited. Bankman-Fried recently used a VPN on two occasions...
Charles Gasparino Says SEC Wants to “Cut Off” Crypto After FTX Debacle
Godfrey Benjamin Charles Gasparino says SEC’s new disposition toward crypto is fueled by FTX Media personality and Fox Business Network’s Senior Correspondent Charles Gasparino has shared ...
Wall Street Braces for Intel to Cut Its Record Dividend
(Bloomberg) — Intel Corp.’s cratering stock has made its dividend yield the highest among large technology companies. With capital spending demands surging and the business bleeding cash, specul...
Microsoft is trying to use ChatGPT to cut Google out of way more than just the search engine market, ARK Invest says
Microsoft’s latest investment in OpenAI has generally been perceived as a last-ditch bid to resurrect its moribund search engine Bing from obscurity, but could it actually be much more than that? Cath...
Try ISH If You Like The Taste Of Alcohol But Need To Cut The Booze
Tequila-ISH product and lifestyle shoot. Photography by:Emily Wilson Photography Emily Wilson Photography Dry January has ended, but for many folks, whether Gen X moving into the moderation phase of l...
Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the ...
Traders Capitulate, Abandoning Fed Rate Cut Bets After CPI Spike
(Bloomberg) — Bond traders were once again forced to rethink the Federal Reserve’s path after inflation data showed prices remain stubbornly high. They now expect the Fed to continue raising int...
Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC Automaker Ford on Tuesday said it intends to cut 3,800 jobs in Europe over the next three years to adopt a “leaner” s...
Ruling Could Cut Off 40 Million Women’s Abortion Access, NARAL Study Says
Topline A ruling in a court case trying to ban abortion pills could have a dramatic effect in curbing abortion access nationwide—even after the Supreme Court already overturned Roe v. Wade—as new data...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. Nelson Peltz Declares Victory.
Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...
Brent Oil Jumps Above $86 After Russia Says It Plans Output Cut
(Bloomberg) — Oil jumped after Russia said it plans to cut March production by 500,000 barrels a day. Most Read from Bloomberg Brent crude climbed as much as 2.6% in London to trade above $86 a ...
Company will cut 1,250 positions in 2023
Pedestrians walk past the News Corporation headquarters building in New York. Michael Nagle | Bloomberg | Getty Images News Corp. said Thursday it will cut about 1,250 positions, or 5% of its workforc...
The U.S. Government Wants to Cut Off Crypto’s Access to Banks: Nic Carter
Key Takeaways Bitcoin advocate Nic Carter believes the U.S. government is trying to cut off crypto from the banking sector. Carter claimed the Biden administration was reviving the Obama-era Operation...
2023 Layoffs: Disney To Cut 7,000
Disney unveiled plans on Wednesday to lay off as many as 7,000 employees in a massive restructuring plan, following major layoffs at Zoom, eBay, Boeing and Dell—the latest U.S. companies to reduce the...
Disney Will Reinstate Dividends, Cut 7,000 Jobs As Bob Iger Hones In On Bottom Line
Topline Disney CEO Bob Iger outlined his plan to turn around the entertainment behemoth in the first quarterly earnings call since his return, laying out a plan to save $5.5 billion by eliminating abo...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. The Stock Jumps.
Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-...
Disney to lay off 7,000 workers, cut $5.5 billion worth of costs in latest reshuffle
Disney (DIS) will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments: Disne...
DCG Strikes A Debt Deal To Cut Off Some Limbs To Try Save The Patient
Join Our Telegram channel to stay up to date on breaking news coverage Following its high-profile bankruptcy three weeks ago, the lending arm of crypto institutional brokerage Genesis has reportedly a...
Ukraine Could Get 237 Leopard 1A5 Tanks—Assuming Someone Can Cut A Deal With A Belgian Arms-Dealer
A Belgian army Leopard 1A5. Wikimedia Commons The governments of Belgium, Denmark, Germany and The Netherlands are trying to scrape up all the old Leopard 1A5 tanks in Europe and send them to Ukraine....
Ford cut to sell at Deutsche Bank after earnings miss
Ford Motor Co. F, -7.61% was downgraded to sell from hold at Deutsche Bank, which also cut its price target to $11 from $13. Analyst Emmanuel Rosner said the fourth-quarter results and 2023 outlook &#...
Can Vertical Farming Cut The Middle East’s Reliance On Food Imports?
Top View Of Vertical Hydroponic Plant System With Cultivated Lettuces getty In a region with plenty of sun but little water, farming is rarely an easy option, so it’s little surprise that Gulf countri...
Dell to cut 6,650 jobs, report says
Dell Technologies will join the ranks of technology companies slashing jobs as the computer maker will shed 6,650 positions, according to a published report on Monday. Citing a company spokesman after...
Dell to Cut About 6,650 Jobs, Battered by Plunging PC Sales
(Bloomberg) — Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands o...
Crypto companies cut staff in latest rounds of layoffs
Crypto companies laid off at least 3,000 employees in January, citing market conditions and the post-FTX regulatory landscape. Let’s review which businesses announced the cuts. Last year, companies cu...