Farmers Insurance to lay off 2,400 workers across its entire business
California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth.
2023-08-29 20:51
Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.
2023-08-28 09:27
Aussie lender NAB to cut 10% jobs in markets division - AFR
National Australia Bank is preparing to cut around 60 jobs of the 600-staff at its markets division and
2023-08-28 03:59
T-Mobile US to cut 5,000 jobs as cheaper plans weigh on costs
T-Mobile US said on Thursday it would reduce its workforce by about 7% by cutting 5,000 jobs in
2023-08-24 22:50
T-Mobile to lay off 5,000 employees
T-Mobile on Thursday announced it plans to lay off 5,000 employees, or around 7% of its total staff, over the next five weeks.
2023-08-24 22:15
Charles Schwab to reduce headcount to bring down costs
(Reuters) -U.S. brokerage firm Charles Schwab said on Monday it plans to reduce its operating costs primarily by lowering its
2023-08-22 05:22
'Blue Beetle' unseats 'Barbie' from the top of the US box office
The reign of "Barbie" is over. At least at the box office anyway.
2023-08-21 18:57
Bitcoin price on the skids as investors pull $1 billion from crypto
The price of bitcoin has dropped nearly 9% since early Thursday as part of a broader sell-off of risky assets. A report that Elon Musk's Space X had dumped the cryptocurrency stoked investors' fears.
2023-08-18 21:56
Heeding Beijing's call, law firms tone down China risks in IPO applications
HONG KONG Law firms in China are scrambling to comply with Beijing's new guidance to tone down the
2023-08-15 17:00
US Steel receiving acquisition offers as company promises to maximize stockholder value
United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.
2023-08-14 01:30
Amazon warns employees who don't go to the office enough
Amazon has warned some of its US-based office workers that it is keeping a close eye on their in-person attendance at work, sending emails to those it believes are not complying with its return-to-office policies.
2023-08-11 22:59
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:21