Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela |
Tag: business news
Chime cuts 12% of its workforce, adding to recent wave of tech layoffs
Chime app on smartphone Source: Chime Chime is one of the latest private tech firms to announce layoffs amid a worsening economic
Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty
Lyft cuts 13% of its workforce
In an email to employees obtained by CNBC, CEO Logan Green and President John Zimmer pointed to what they called “a probable
CNBC cancels ‘The News with Shepard Smith’ after two years
The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news
Stripe lays off 14% of workers
Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday.
Altice USA stock sinks after tough third quarter earnings
Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted
Qualcomm shares fall on weak first-quarter outlook
Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock
Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower
The cost of labor rose less than expected, but low productivity helped keep the pressure on inflation in the third quarter, according
Goldman Sachs unveils crypto classification system, aimed at institutional investors
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday,
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