Disney officials said that a second round of layoffs would start on April 24 as the company presses ahead with its objective of trimming around 3 percent of its 220,000-strong global workforce in a bid to cut costs. The latest round of job cuts will affect employees across the United States, where the company employs…
Tucker Carlson Leaves Fox News, Effective Immediately
Fox News on Monday confirmed that it “parted ways” with popular primetime host Tucker Carlson, offering no explanation why. “FOX News Media and Tucker Carlson have agreed to part ways. We thank him for his service to the network as a host and prior to that as a contributor,” said a news release from the…
Wall Street Opens Lower as Focus Turns to Tech Earnings, Economic Data
Wall Street’s main indexes opened slightly lower on Monday as investors awaited results from megacap companies and key data that could shed light on the U.S. economy and shape the Federal Reserve’s monetary policy. The Dow Jones Industrial Average fell 3.92 points, or 0.01 percent, at the open to 33,805.04. The S&P 500 opened lower…
Credit Suisse Lost $68 Billion in Assets Last Quarter, Outflows Continue
ZURICH—Credit Suisse said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group in rescuing its rival. Customer deposits declined by 67 billion francs in the quarter and the bank noted many matured time deposits…
Stock Markets Today: Global Stocks Lower Ahead of US Data
April 24, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BEIJING—Global stocks and Wall Street futures declined Monday ahead of a U.S. economic update that is expected to show growth slowing. London and Frankfurt opened lower. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark S&P 500 index gained 0.1 percent on Friday but ended with a small loss for…
Top NBC Executive Ousted Over ‘Inappropriate Relationship’ With Staffer
NBCUniversal CEO Jeff Shell has left his post at the company after an investigation prompted by a misconduct complaint found that he had engaged in an inappropriate relationship with a female co-worker. Shell’s ouster is effective immediately, according to a Sunday statement by Comcast, which acquired NBCUniversal about a decade ago. “The Company and Jeff…
Whole Foods Announces Layoffs of Corporate Employees, Restructuring
Amazon.com’s Whole Foods Market grocery chain plans to lay off some corporate employees over the next two months as part of a reorganization plan to simplify operations, the company announced Thursday. The company told employees that it will make changes to certain Global and Regional Support Teams, resulting in staff cuts, according to a memo…
Bed Bath & Beyond Files for Bankruptcy Protection After Long Struggle
Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat. The Union, New Jersey-based home goods retailer filed for bankruptcy in a District of New Jersey court, listing both its estimated assets and liabilities in the range of $1 billion…
Oversight Board Tells Meta to Be More Transparent About COVID Censorship
Meta’s Oversight Board, which reviews the company’s content decisions, has asked the tech firm to “increase transparency around government requests” regarding suppressing COVID-19 content. In a statement Thursday, the Oversight Board noted that concerns were raised about Meta reviewing COVID-19-related content at the behest of governments during the height of the pandemic. “This is particularly problematic…
Oversight Board Urges Meta to Be More Transparent About COVID Censorship
Meta’s Oversight Board, an independent panel that the parent company of Facebook and Instagram selected to deliberate its content decisions, has asked the tech firm to “increase transparency around government requests” regarding suppressing COVID-19 content. The Oversight Board noted that concerns were raised about Meta reviewing COVID-19-related content at the behest of governments during the height of the pandemic,…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta