Meta Cuts 11,000 Jobs As It Sinks More Money Into The Metaverse
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000…
November 2022
Investors Face Unclear Outcome In Midterms, With Questions Over Spending, Regulation
By Lewis Krauskopf and Laura Matthews NEW YORK (Reuters) – Investors on Wednesday were weighing a surprising outcome in the…
Nissan To Trim Production At U.S. Plant Over Chips Shortage
(Reuters) – Nissan Motor Co’s U.S. arm said Wednesday that supply chain issues will force it to trim production this…
More big donors supporting – and discussing – mental health
When the financier Jeff Yabuki and his wife, Gail, announced last year they would give $20 million to the Children’s…
FTX Turmoil Causes Crypto Concern, Sending Token Prices Sliding
By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON/NEW YORK (Reuters) – Investors fretted on Wednesday about the financial health…
Kohl’s CEO Gass To Leave For Top Job At Levi Strauss
By Uday Sampath Kumar (Reuters) -Kohl’s Corp boss Michelle Gass is leaving to take the helm at Levi Strauss &…
Roblox Corp Shares Fall On Wider-than-expected Loss
(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its…
Redfin to cut another 13% of workforce, shutter RedfinNow
WASHINGTON (AP) — Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another…
Cryptocurrencies Fall After FTX-Binance Turmoil Spooks Investors
By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON (Reuters) -Cryptocurrencies saw a second day of sharp declines on Wednesday,…
Cryptocurrencies plunge as Binance scraps deal for rival FTX
NEW YORK (AP) — Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was pulling out…