Roku is laying off 10% of its workforce
Roku stock soared higher on Wednesday after the streaming service announced it would lay off 10% of its workforce — about 300 people — in an effort to cut costs.
2023-09-07 00:57
Roku to cut 10% workforce, curb hiring
Video streaming company Roku said on Wednesday it will reduce its workforce by about 10% and limit new
2023-09-06 18:29
US offshore wind projects seek looser subsidy rules in fight for survival
By Nichola Groom A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda
2023-09-06 18:22
China's Luckin sells 5.4 million Moutai alcohol-infused lattes in a day
BEIJING Luckin Coffee said on Tuesday that it sold more than 5.42 million cups of the alcohol-infused latte
2023-09-05 12:50
'The Equalizer 3' tops the US box office on opening weekend
"The Equalizer 3," Denzel Washington's third go as brooding assassin Robert McCall, debuted at the top of the US box office this weekend, raking in $34.5 million.
2023-09-04 22:19
Carbon credit market confidence ebbs as big names retreat
By Susanna Twidale and Sarah McFarlane LONDON Voluntary carbon markets have shrunk for the first time in at
2023-09-01 14:29
Canada's largest pension fund trims staff as it puts China deals on hold - sources
By Julie Zhu and Kane Wu HONG KONG CPP Investments, Canada's biggest pension fund, has laid off at
2023-09-01 13:50
Sage Therapeutics to cut 40% of jobs after depression drug setback
Sage Therapeutics said on Thursday it would cut its workforce by about 40%, weeks after the U.S. health
2023-08-31 18:58
Microsoft will split Teams from Office in Europe after EU pressure
Microsoft will allow business customers in Europe to buy its video and chat app Teams separately from its Office software, it said Thursday, a month after the European Union opened an antitrust investigation into the company's bundling of the products.
2023-08-31 18:24
Key San Francisco Fed official who oversaw supervision of SVB will retire
Azher Abbasi, head of supervision at the Federal Reserve Bank of San Francisco — and a key official with direct oversight over failed Silicon Valley Bank — will retire at the end of October, the regional reserve bank announced this week.
2023-08-30 08:52
Amazon CEO tells employees to return to the office or their days may be numbered
Amazon CEO Andy Jassy has told employees to get on board with the company's return-to-office plan or to consider employment elsewhere, the company confirmed to CNN, after a report by Insider highlighted Jassy's remarks from a recent internal event.
2023-08-30 02:47
US job openings fall below 9 million for the first time since March 2021
The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.
2023-08-29 22:29