WeWork CFO resignation marks second major exit in a week
(Reuters) -WeWork Inc CFO Andre Fernandez intends to resign on June 1, the company said on Wednesday, less than a…
Business
Stellantis may ship fewer gas-powered vehicles to US states with strict emissions rules
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in…
Verizon warns customer service employees of impending layoffs- The Verge
(Reuters) – Verizon Communications Inc held a meeting with customer service employees to notify them of upcoming “restructuring” and “streamlining”…
Facebook owner Meta slashes business teams in final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units…
JPMorgan can sue former executive Staley over Epstein ties -US judge
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co may move forward with its lawsuit seeking to hold former…
Industrial suppliers face a rocky road if U.S. defaults on debt- AEM
By Aishwarya Nair (Reuters) – A failure to break the deadlock on raising the U.S. debt ceiling before the deadline…
Boeing looks to embed experienced pilots with new airline customers
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co is deploying experienced pilots to airlines that are training their employees to…
Bank earnings drag Toronto market to eight-week low
By Fergal Smith (Reuters) – Canada’s main stock market fell to its lowest closing level in nearly two months on…
Microsoft appeals against UK block on Activision Blizzard deal
LONDON (Reuters) -Microsoft filed an appeal on Wednesday of Britain’s decision to block its $69 billion takeover of “Call of…
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact…