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Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.
‘The reductions...
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the...
U.S. Jobs Report: Nonfarm Payrolls Fall By 92k, Bitcoin Falls
The February U.S. jobs report signals that the labor market remains weak, with nonfarm payrolls falling short of estimates by a wide margin while...
U.S. PCE Inflation Rises to 3-Year High, Bitcoin Slides
U.S. PCE inflation has risen to a three-year high as the U.S.-Iran war continues to drive up prices. Bitcoin fell on the back of...
Trump administration cites forced labor concerns as grounds for new tariffs
The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade...
