Latest in Cuts Dozens Employees
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Ex-Phoenix Suns employee files racial discrimination, retaliation lawsuit against the team
A former Phoenix Suns employee is suing the team, alleging racial discrimination and unlawful retaliation that led to her terminationSports - ABC News - November 14 -
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Australian mine company to pay Mali junta $160 million after its CEO and 2 employees were detained
Australia’s Resolute Mining says it will $160 million to Mali’s ruling junta to resolve a tax dispute, more than a week after the company’s CEO and two other employees were detained in the West ...World - ABC News - 5 days ago -
No foul play in death of Walmart teen employee found in walk-in oven, police say
No foul play is suspected in the death of the 19-year-old Walmart employee whose body was found in the store’s walk-in oven in Canada last month, police said Monday.Top stories - NBC News - 6 days ago -
How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients
The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.Business - Inc. - 5 days ago -
Musk and Ramaswamy float ending remote work for federal employees and 'large-scale firings'
Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy floated ending remote work for federal workers, calling it a “privilege” left over from the pandemic.Top stories - NBC News - 4 days ago -
‘We are at a low here, folks,’ Boeing’s new CEO tells employees. ‘I’m tired of it.’
Kelly Ortberg had a tough message for Boeing employees, including that the company is at a ‘low’ as employees spend more time arguing among themselves than figuring out how to beat Airbus.Business - MarketWatch - 3 days ago -
Most employees don't leverage this 'triple-tax-free' account, advisor says. Here's how to use it
Most employees don't leverage the long-term tax benefits from their health savings account. Here's how to get triple-tax savings.Business - CNBC - 3 days ago -
Trump should fire DOJ staff who investigated his cases, GOP Sen. Eric Schmitt says
Sen. Eric Schmitt, R-Mo., on Sunday suggested that one of President-elect Donald Trump’s first priorities in his new term should be to fire any staff at the Justice Department who worked on cases ...Top stories - NBC News - 4 hours ago -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - October 26 -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - October 29 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Bill Gates criticises Budget cut to overseas aid
Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.Top stories - BBC News - October 31 -
Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - October 31 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
Brewers Struggle as Drinkers Cut Back on Beer Worldwide
Consumers around the world are drinking less beer, putting brewers in a bind.Business - Inc. - October 31 -
Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’
New assessment finds as many as 8,000 soldiers have been deployed to Russia’s Kursk regionBusiness - Financial Times - October 31
