Wells Fargo, JPMorgan Sell $13 Billion of Bonds Post-Earnings
Wells Fargo & Co. and JPMorgan Chase & Co. led the biggest Wall Street banks in tapping the
1970-01-01 08:00
Gregore signs contract extension with Inter Miami
Gregore is staying put in south Florida.
1970-01-01 08:00
Where is College GameDay this week? Week 8 schedule, location, TV and guest picker
Get all the details on Week 8 of ESPN College GameDay, including the location and schedule.
1970-01-01 08:00
'No safe area': CNN journalist details his family's desperate flight south from Gaza City
Ibrahim Dahman and his family entered the hotel room and looked out toward the blue of the Mediterranean Sea. His two young sons were excited to spot a swimming pool below their window, but this was no vacation.
1970-01-01 08:00
Rolls-Royce Set to Cut 2,500 Jobs as CEO Extends Efficiency Push
Rolls-Royce Holdings Plc is poised to announce the deepest job cuts under Chief Executive Officer Tufan Erginbilgic as
1970-01-01 08:00
4 Phillies hitters who can ruin Zac Gallen’s NLCS homecoming
Arizona Diamondbacks' Zac Gallen is one of the best pitchers in the MLB, but he will face a challenge against the Philadelphia Phillies in Game 1 of the NLCS.
1970-01-01 08:00
Fed Should Stop Rate Increases With US Small Businesses Struggling, Harker Says
The Federal Reserve shouldn’t be thinking about additional interest-rate increases with so many US small businesses struggling to
1970-01-01 08:00
Israel-Gaza: Will other countries get dragged in? We answer your questions
Our correspondents answer your questions on the conflict between Israel and Hamas.
1970-01-01 08:00
'Stunned and sickened.' Wexner Foundation cuts ties with Harvard over 'tiptoeing' on Hamas
A nonprofit founded by former Victoria's Secret billionaire Leslie Wexner and his wife Abigail is breaking off ties with Harvard University, alleging the school has been "tiptoeing" over Hamas' terror attacks against Israel.
1970-01-01 08:00
Billionaire Arnault Loses Spot as World’s Second-Richest Person to Bezos
Bernard Arnault lost his spot as the world’s second-richest person as a selloff in luxury stocks pushed his
1970-01-01 08:00
LinkedIn becomes latest tech company to conduct layoffs
LinkedIn, the business-focused social media platform owned by Microsoft, announced on Monday it would be reducing its workforce by approximately 668, becoming the latest tech company to conduct mass layoffs. “Talent changes are a difficult, but necessary and regular part of managing our business,” the company wrote in a blog post adding that the changes were a result of adapting organisational structures and streamlining decision-making. The company said the roles being cut span across engineering, product, talent and finance teams. “We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect,” LinkedIn wrote. This round of layoffs comes just months after LinkedIn laid off 716 employees in May citing a change in their Global Business Organization. In the first half of this year, tech companies like Microsoft, Google, Meta and Amazon saw massive layoffs in part because the sector struggled to keep up with salary maintenance while revenue slowed down. In January, Microsoft announced it would be reducing its workforce by 10,000 following a report showing company growth was at its slowest in six years. Part of that included advertising revenue that performed worse than expected. Microsoft’s advertising revenue partially comes from LinkedIn which makes money from ads on the platform in addition to users who pay a premium membership subscription fee. Though LinkedIn saw revenue and website membership growth over the last year, it is slower than in previous years. In Q4 of 2023, the company’s revenue increased 5 per cent year-on-year – a drop from the previous quarter at 10 per cent. The company also laid off 716 workers in May, after growing massively during the pandemic. Around 40% of LinkedIn’s almost 20,000 workers were hired during the pandemic. The cuts affect approximately 3 per cent of the total workforce at LinkedIn. The company has an estimated 21,000 employees – around 40 per cent of those workers were hired during the pandemic, according to The San Francisco Chronicle. Read More Who is hit hardest by Big Tech job cuts? Cooks and janitors Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees
1970-01-01 08:00
Zac Gallen dares to doubt the power of Wawa before NLCS Game 1
Zac Gallen grew up in south New Jersey -- so right outside of Philadelphia, sort of -- and he's very concerned with the state of Wawa.
1970-01-01 08:00
