Topline Despite strong jobs data earlier in the week, employers in October announced the most job cuts in a single month since February 2021 as a growing number of executives anticipate an economic do...
Tag: Cut
Musk Plans to Eliminate Half of Twitter Jobs to Cut Costs
(Bloomberg) — Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, ...
Permanent Daylight Saving Time Would Cut Collisions With Deer And Save Lives, Study Finds
Topline The shift from daylight saving time to standard time in November is tied to an uptick in car crashes that kill more than 30 people and nearly 37,000 deer each year, according to a study publis...
Another Crypto Finance Firm Galaxy Digital to cut of its one-Fifth of workforce
As per the reports Galaxy Digital to cut of its one-fifth of workforce Recently some leading crypto exchange crypto.com and BlockFi have also announced to vacant its chair from the offices On the ot...
Eli Lilly CEO on guidance cut, potential obesity drug, Alzheimer’s study
Eli Lilly (LLY) CEO David Ricks on Tuesday expressed optimism around the drugmaker’s innovation pipeline Tuesday, a stance we share despite the Club holding’s cluttered quarterly report is...
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
India to Test Viability of Digital Rupee to Cut Fees When Trading Securities
The Reserve Bank of India (RBI) is launching a wholesale pilot program involving its Central Bank Digital Currency (CBDC) also dubbed the Digital Rupee. According to a Press Release published by the a...
Biden Urges Oil Companies to Cut Prices After Shell’s Profit Doubled
(Bloomberg) — President Joe Biden criticized record energy company profits after Shell Plc announced its second-highest earnings ever while raising its dividend and expanding buybacks. Most Read...
Musk Tells Twitter Employees He Doesn’t Plan to Cut 75% Of Jobs
(Bloomberg) — Elon Musk told Twitter Inc. employees on Wednesday that he doesn’t plan to cut 75% of the staff when he takes over the company, according to people familiar with the matter. Most R...
San Francisco 49ers Must Cut Out Mistakes To Contend In NFC
SANTA CLARA, CA – OCTOBER 23: Fred Warner #54 of the San Francisco 49ers pressures Patrick Mahomes … [+] #15 of the Kansas City Chiefs during the game at Levi’s Stadium on October 23...
Use the recent uptick in Whirlpool stock to cut exposure: BofA
Whirlpool Corporation (NYSE: WHR) has climbed nearly 10% since last Friday – an uptick that a Bank of America analyst suggests should be used to pull out of this stock. Whirlpool stock could slide ano...
Seagate to Cut 3,000 Jobs, Faces Charge of Violating Sanctions
(Bloomberg) — Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it’s eliminating about 3,000 jobs and that big buyers of technology are cutting orders on concerns ...
Euro session sees further $315 million shorts liquidated as Bitcoin bulls cut loose
Data from Coinglass showed a further $314.97 million crypto shorts were liquidated since the Euro trading session opened. This move brings the total liquidations over the last 24 hours to $1.12 billio...
Philips to cut 4,000 jobs ‘immediately’ after bigger-than-expected loss
Royal Philips NL, +3.00% PHIA, -3.97% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announ...
Home flippers are now getting burned by the US housing downturn, slashing prices to cut losses — here are two big reasons why
‘Not the time to get greedy’: Home flippers are now getting burned by the US housing downturn, slashing prices to cut losses — here are two big reasons why Home flippers who pounced on rec...
U.S. budget deficit cut in half for biggest decrease ever amid Covid spending declines
U.S. Treasury Secretary Janet Yellen listens to a reporter’s question at a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., Octob...
Musk Plans To Cut 75% Of Twitter Workforce, Report Says
Topline Billionaire Elon Musk plans to shrink Twitter’s staff by nearly 75% after his long-delayed deal to take over the social media company closes, according to the Washington Post, in a massi...
Solana-Based Crypto Trading Platform Mango Markets Primed To Cut Deal With Hacker Behind $100,000,000 Exploit
A Solana-based (SOL) crypto trading platform is ready to cut a deal with the hacker that allegedly stole millions of dollars from its network. According to a recent update, the hacker and the Mango Ma...
Blockchain.com announces plans to cut Russians from its services 1
Blockchain.com has announced that it will no longer service Russian clients on its exchange platform. The wallet provider is one of the few companies that have now obeyed the sanctions announced by th...
Beyond Meat to cut 19% of its workforce as sales, stock struggle
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat plans to cut 19% of its workfo...
Royal Mail Owner Cuts Forecasts, Announces Plans To Cut 10,000 Staff
Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares...
Saudi Arabia defends OPEC+ production cut, suggests White House wanted delay until after midterms
Saudi Arabia’s ministry of foreign affairs put out a rare statement on Thursday defending the Organization of the Petroleum Exporting Countries’ decision last week to cut production, and suggested the...
Charles Hoskinson Officially Cut Ties with XRP Community
Barely a week after the news of the brawl with Ethereum Classic made the rounds, Cardano founder Charles Hoskinson has publicly declared he is cutting ties with the XRP community. According to the con...
Online Holiday Discounts Could Reach Record Highs, Report Says—But Inflation Is Expected To Cut Into Spending
Topline Online sales during the 2022 holiday shopping season could hit $209.7 billion, according to data from Adobe Analytics, though the number represents the slowest pace of growth since 2015 due to...
Russian Brigades In Southern Ukraine Depended On One Major Bridge. Now They’re Cut Off From Resupply.
The Kerch Strait bridge burns. Maxar imagery Two days after a powerful explosion rocked the $4-billion rail and road bridge across the Kerch Strait, the narrow waterway separating the Russian-occupied...
Europe’s Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy
Oliver Zipse, CEO of BMW is also president of ACEA. He is standing in front of a BMW i4 electric car … [+] (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images European carmakers ...
Oil Prices Set for Biggest Weekly Increase Since March Following OPEC Cut
Oil prices on Friday were on track for their biggest weekly increase since March, as OPEC’s planned production cut heightened tension with the U.S. government over energy supplies heading into winter....
Norway Plans to Remove Power Tax Cut for Crypto Miners
The government of Norway is acknowledging an offer to eliminate the law of preferential tax treatment for data centers. The law permitted many crypto businesses to pay less for power tax. The governme...