Half of Big Multinationals Plan to Cut Office Space in Next Three Years
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GoPro to Cut Total Workforce by 4%, Reduce Office Space
The company expects to book about $2 million in estimated aggregate costs in the first quarter as a result of the workforce reduction.The Wall Street Journal - World -
GoPro to Cut Total Workforce by 4%, Reduce Office Space
The company expects to book about $2 million in estimated aggregate costs in the first quarter as a result of the workforce reduction.The Wall Street Journal - Business -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Three Fed interest-rate cuts this year? Yes, top banking economists say.
Top economists at big U.S. banks predict the Federal Reserve will cut interest rates three times this year — with the first reduction in June — even though inflation is unlikely to slow much further in 2024.MarketWatch - Business - Federal Reserve -
Small-Business Owners Are Reducing or Eliminating Office Space
Two new studies show that smaller companies are shedding office space at a faster rate than larger competitors, but employee preferences may lead bigger businesses to follow suit.Inc. - Business -
Nissan looks to address 'extreme market volatility' with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million unit sales in the next three years and a 30% reduction in electric vehicle production costs by 2030.CNBC - Business -
The Next Generation of Cancer Drugs Will Be Made in Space
Injectable immunotherapy drugs can be made, in theory, but gravity prevents them from crystallizing correctly. A startup thinks the solution could be right above us.Wired - Tech -
Questions for each Big 12 football team in spring: How Colorado, Deion Sanders take the next step in Year 2
One key spring question for every Big 12 team, from Arizona to West VirginiaCBS Sports - Sports -
Russia's Roscosmos space agency has aborted the launch of three astronauts to the International Space Station
Russia's Roscosmos space agency has aborted the launch of three astronauts to the International Space StationABC News - Tech - Russia -
NFL has big Christmas plans for 2024 schedule: Rare Wednesday doubleheader games to be put up for bid
Santa is delivering an NFL doubleheader ... on a WednesdayCBS Sports - Sports - NFL -
Trump planning to attend the wake of slain NYPD officer
Former President Trump will attend the wake of an New York Police Department (NYPD) officer killed in the line of duty earlier this week, his campaign announced. Officer Jonathan Diller was killed during a traffic stop Monday in Queens; he's the ...The Hill - Politics - Donald Trump -
It's now or never for the Suns and their Big Three gamble
Phoenix went all-in to build a championship contender, but Kevin Durant and Co. are headed toward the play-in unless they can catch a rhythm down the stretch.Yahoo Sports - Sports -
S&P issues negative outlook on five U.S. regional banks due to risky office space exposure
Higher office space vacancies trigger rise in criticized and modified loans, as a maturity wall loomsMarketWatch - Business -
Housing fleeceholds the next big scandal, peer warns
Lords debate the plight of homeowners locked into private maintenance contracts for communal areas.BBC News - Top stories -
The Next Big Battle Over Abortion Has Begun
The Supreme Court is hearing a case about abortion pill access. If it decides to limit the availability of mifepristone, it’d be the biggest blow to reproductive health since the overturning of Roe v. Wade.Wired - Tech - Abortion -
Macron’s Government Plans Politically Risky Welfare Cuts
Yahoo News - World -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big
The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says.The New York Times - Top stories -
How the Atlantic Went From Broke to Profitable in Three Years
The publication’s new chief executive raised subscription prices, and moved away from day-to-day news coverage to focus on deeply reported stories with broad appeal.The Wall Street Journal - World -
How the Atlantic Went From Broke to Profitable in Three Years
The publication’s new chief executive raised subscription prices, and moved away from day-to-day news coverage to focus on deeply reported stories with broad appeal.The Wall Street Journal - Business -
Merck's $11.5 Billion Bet on Its Next Big Drug Finally Arrives
The newly approved drug, which treats potentially fatal pulmonary arterial hypertension, is estimated to ring up as much as $7.5 billion in yearly sales.The Wall Street Journal - Business -
He Was Crowned Fashion's Next Big Thing. But That Doesn't Pay the Bills.
Edvin Thompson’s clothing brand has won top awards, creative grants and a spot on the New York Fashion Week calendar. Why can’t he afford a runway show?The Wall Street Journal - World -
Is AI’s next big leap understanding emotion? $50M for Hume says yes
Hume AI's EVI may have just set a new standard in mind-blowing human-like interactivity, intonation, and speaking qualities..VentureBeat - Tech -
Ajayi off to Gonzaga after big year at Pepperdine
Michael Ajayi, who averaged 17.2 points and 9.9 rebounds in his one season at Pepperdine, said Tuesday he is transferring to Gonzaga.ESPN - Sports -
Canada Goose shares drop after plans to cut 17% of corporate workforce
Canada Goose shares retreated Tuesday after the Canadian clothing company said it was again chopping head office jobs in a bid to reduce costs and position for longer-term growth.MarketWatch - Business -
Walgreens to cut costs by $1 billion this year, with layoffs and store updates
Walgreens’ stock seesawed around the flatline Thursday, after the drugstore chain swung to a large quarterly net loss and trimmed its full-year outlook, but also reported the biggest beat for quarterly adjusted profit in at least five years.MarketWatch - Business -
House Republicans plan next steps in twin impeachment inquiries
NBC News Senior National Political Reporter Sahil Kapur explains the state of impeachment efforts against U.S. Homeland Secretary Alejandro Mayorkas and President Biden.NBC News - Politics - Republican Party -
New York City officer killed during traffic stop shootout, first cop slaying for city in 2 years
A decorated police officer was shot and killed during a Queens traffic stop as New York City reels from its first slaying of an NYPD cop in two years.NBC News - Top stories - New York -
What we learned: Caitlin Clark and Iowa sail through; Notre Dame's big three show out
Here's what happened on the second day of the women's NCAA tournament.ESPN - Sports -
British judges were right to allow Julian Assange’s appeal. The next three weeks will show who cares about justice | Duncan Campbell
It is hypocritical of the US to seek to lock up Assange while boasting about its commitment to press freedom. For Julian Assange, the wait continues. The pause can be counted as a small victory in the long battle to fight his extradition to the ...The Guardian - World -
China lifts heavy tariffs on Australian wine after three years, as ties improve
China lifts heavy tariffs on Australian wine after three years, as ties improveABC News - World - China -
RH’s stock is on pace for its best day in more than three years. Some analysts aren’t buying it.
The home-furnishings company’s fourth-quarter results didn’t “provide resolutions to the key debates” around its future performance, one analyst said.MarketWatch - Business -
BBC develops AI plans and talks to Big Tech over archives access
UK broadcaster seeks to build artificial intelligence models and negotiates with companies on content dealFinancial Times - Business -
After 10 Short Years, Chick-fil-A Just Announced a Big Change
The Chick-fil-A decision is making headlines. But will it make a difference?Inc. - Business -
How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’
Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.MarketWatch - Business -
Trump's next big fundraiser going to outraise Biden's Obama event, his allies claim
Trump and the Republican Party's joint fundraiser in Palm Beach, Florida, next week is expected to raise at least $33 million, sources familiar with the event saidABC News - Top stories - Joe Biden