KPMG to cut 5% of US jobs in fresh round of layoffs
(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with…
Business
Biogen shareholders back Susan Langer as director
(Reuters) – Biogen shareholders elected former company executive Susan Langer as a director on Monday, weeks after her romantic partner,…
Bank of England to take Bank Rate to 5.50% over next two meetings: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs 50 basis points higher than was…
Stellantis getting help from dealers to deliver cars in Italy
MILAN (Reuters) – Stellantis has reached a deal with Italian dealers to help the carmaker deliver vehicles at a time…
Amazon cloud unit to invest nearly $8 billion in Ohio
(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations,…
Meta launches Quest+ subscription for VR headsets
(Reuters) – Meta Platforms on Monday launched Meta Quest+, a subscription-based service for its virtual reality (VR) headsets to shape…
US Supreme Court lets Google win stand against Genius suit over song lyrics
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by website Genius to…
Heathcare stocks weigh on STOXX 600, defence stocks slide
By Amruta Khandekar and Siddarth S (Reuters) -European shares inched lower on Monday, led by healthcare, while defence stocks fell…
Explainer-Why are Facebook and Instagram ending news access in Canada?
By Samrhitha A (Reuters) – Meta Platforms plans to cut off access to news on Facebook and Instagram for all…
US Supreme Court turns away case on charter school’s mandatory skirts for girls
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday declined to hear a North Carolina public charter school’s defense…