Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
1970-01-01 08:00
Spirits Maker Bacardi Sells Bond to Refinance Debt After Jay-Z Cognac Fight
Spirits maker Bacardi Ltd. tapped the corporate bond market Tuesday to refinance a bridge loan used to boost
1970-01-01 08:00
All Tesla Model 3 Vehicles Now Eligible for Full $7,500 US Tax Credit
All of Tesla Inc.’s Model 3 sedans are now eligible for the full US tax credit under new
1970-01-01 08:00
Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
1970-01-01 08:00
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
1970-01-01 08:00
Crypto Markets Carry On After SEC Clampdown on Largest Exchanges
Cryptocurrency advocates appear to be talking in stride the US Securities and Exchange Commission’s widening crackdown on the
1970-01-01 08:00
UK Gambling Veterans Push for Shakeup at William Hill Owner 888
A group of gambling industry veterans is pushing for changes at 888 Holdings Plc, the owner of British
1970-01-01 08:00
Beijing Reports First Two Mpox Cases, Isolates Patients
China’s capital reported its first mpox infections and local health authorities have started an investigation to trace its
1970-01-01 08:00
Zara Owner Inditex Considers Fund to Back Environmental Startups
Inditex SA, which owns the Zara clothing chain, is considering setting up a vehicle to invest in startups
1970-01-01 08:00
ChatGPT Maker OpenAI Is Staying Private So It Can Make ‘Strange’ Decisions
OpenAI Inc. Chief Executive Officer Sam Altman said he’s not interested in taking the artificial intelligence startup public
1970-01-01 08:00
Coinbase Sued by SEC for Breaking US Securities Rules
The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging
1970-01-01 08:00
Dragons’ Den Star Weighs £1 Billion Sale of Vitamin Maker Vitabiotics
Vitabiotics Ltd., the UK vitamin company led by ex-Dragons’ Den investor Tej Lalvani, is in the early stages
1970-01-01 08:00