January Job Growth Is Forecast to Slow Slightly But the Impact from Big Corporate Layoffs Is Uncertain
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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 -
Impact of U.S. debt on Generation Z
In a recent op-ed, a former White House economist and a former Labor Department employee warn of the burden U.S. debt will have on Gen Z and blame mistakes by the Treasury Department when interest rates were low. CBS News business analyst Jill ...CBS News - Top stories -
Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - World -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - Business -
Max Price Hike Coming, Along With Potential Layoffs At WBD - Report
Warner Bros. Discovery CEO David Zaslav is reportedly looking for even more ways to cut costs and make more money, and this could include a price hike for Max and additional layoffs. Bloomberg reported these details and more ahead of WBD's ...GameSpot - Tech -
Corporate leaders, wealthy donors want a say in Trump's vice presidential pick
Donald Trump wants to pick his running mate closer to July.CNBC - Business - Donald Trump -
Arm crushes earnings expectations, but stock falls as forecast lacks wow factor
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon’s earnings report.MarketWatch - Business -
Arm shares drop as revenue forecast falls short despite AI boom
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slowFinancial Times - Business -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market tradingABC News - Tech -
Conservatives seek gains in North Macedonia election as voters angry with slow path to EU membership
Voters in North Macedonia cast their ballots in a parliamentary election and a presidential runoffABC News - World - European Union -
Travis Kelce lines up another TV job and joins FX's 'Grotesquerie' from Ryan Murphy
Travis Kelce continues to work in the NFL off seasonABC News - Sports -
Candace Parker takes a new job with Adidas after retiring from a 16-year WNBA career
Candace Parker has a new job as president of women’s basketball at AdidasABC News - Sports -
Wells Fargo names JPM veteran as corporate and investment bank co-CEO in bulk-up
Fernando Rivas is joining the bank as it staffs up its investment-banking practice.MarketWatch - Business -
Aston Villa aims to ‘kick the door down’ to the Premier League Big Six
Controlled by Egypt’s richest man and a US billionaire, the Birmingham club is fighting for a place in the Uefa Champions LeagueFinancial Times - Business