Holger Scheibe | The Image Bank | Getty Images The rate of job cut announcements at U.S. employers in November was more than five times greater than a year ago, according to a report by Challenger, Gray & Christmas. Overall, U.S.-based firms announced 76,835 job cuts in November, led by the technology sector. So far this […]
Tag: Business news
Customers dine in at a McDonald’s in Guangzhou on Dec. 1, 2022, a day after the city eased Covid restrictions on restaurant operations. Yin Hon Chow | CNBC BEIJING — A trickle of changes around China’s Covid controls in the last 24 hours has raised hopes that broader relaxation is on its way. Local state […]
Sanjay Malhotra replaced Tarun Bajaj, who superannuated on November 30.
An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Twitter owner Elon Musk said he went to Apple’s headquarters and met with Apple CEO Tim Cook in tweets on Wednesday. The meeting marks a significant de-escalation days after Musk […]
It has been a rough year for the tech sector, as investors pulled out of growth stocks such as tech amid soaring inflation, interest rate hikes and other headwinds that have left investors clamoring for safer bets. The tech-heavy Nasdaq Composite is down around 30% this year. That’s worse than the broad-based S & P 500 , […]
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Salesforce’s stock shed 6.7% despite beating analysts’ expectations on both the top and bottom lines after announcing the departure of […]
Striking a contrite tone, former FTX CEO Sam Bankman-Fried said he “didn’t do a good job” at upholding his responsibilities to regulators, customers, and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the Dealbook Summit. “I didn’t ever try to commit fraud on anyone,” Bankman-Fried said. “I saw it as a […]
Gujarat Election Date Ahmedabad | Gujarat Election Date 2022 Phase 2, Gujarat Election Result Date 2022, Gujarat Chunav 2022 Date, Gujarat Chunav Results 2022
Gujarat Election Date Ahmedabad, Gujarat Election Date 2022 Phase 2 List, Result Date: Gujarat Vidhan Sabha Chunav results will be declared on December 8.
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other central bank officials and comments at the November Fed meeting, Powell said he sees the central bank in position to […]
A customer carries a dog near a Petco Animal Supplies shopping bag outside a store in New York. Angus Mordant | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CrowdStrike — Shares dropped 19% after the cybersecurity provider said new revenue growth is weaker than expected. Otherwise, CrowdStrike beat estimates […]