Business Amazon discontinues charity donation program amid cost cuts by January 20, 2023 January 20, 2023 Amazon said Wednesday it plans to shut down its charity donation program, in the latest example… Read more 0 FacebookTwitterPinterestEmail
Business Netflix founder Reed Hastings is giving up CEO role by January 20, 2023 January 20, 2023 Netflix’s Reed Hastings is giving up his CEO role but will remain on as chairman,… Read more 0 FacebookTwitterPinterestEmail
Business Fed policymakers call for further rate hikes to beat inflation by January 20, 2023 January 20, 2023 Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate… Read more 0 FacebookTwitterPinterestEmail
Business Party City files for bankruptcy after struggling with pandemic rebound by January 19, 2023 January 19, 2023 Party City filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest… Read more 0 FacebookTwitterPinterestEmail
Business ‘Millions of dollars were lost’: Lawyers spar over whether Elon Musk misled investors with his tweets by January 19, 2023 January 19, 2023 Opening arguments kicked off Wednesday in a trial that is pitting Tesla against shareholders… Read more 0 FacebookTwitterPinterestEmail
Business Microsoft to lay off 10,000 workers, citing concern about a possible recession by January 19, 2023 January 19, 2023 Microsoft said Wednesday it would cut 10,000 jobs worldwide amid a slowing global economy.… Read more 0 FacebookTwitterPinterestEmail
Business Tesla video promoting self-driving was staged, engineer testifies by January 18, 2023 January 18, 2023 A 2016 video that Tesla used to promote its self-driving technology was staged to show… Read more 0 FacebookTwitterPinterestEmail
Business Bank of America CEO expects ‘mild recession’ and is preparing for worse by January 17, 2023 January 17, 2023 Bank of America CEO Brian Moynihan said Friday that the bank is preparing for… Read more 0 FacebookTwitterPinterestEmail
Business Southwest CEO says all options ‘on the table’ after carrier’s meltdown by January 17, 2023 January 17, 2023 Southwest Airlines is looking at all options to ensure the operational meltdown it suffered last… Read more 0 FacebookTwitterPinterestEmail
Business Inflation cooled in December to 6.5%, but the Fed is likely to keep interest rates high by January 17, 2023 January 17, 2023 Price growth in the United States cooled in December as the economy continued to… Read more 0 FacebookTwitterPinterestEmail
