Amazon To Lay Off Thousands Of Employees -source
By Jeffrey Dastin (Reuters) -Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning…
FTX’s Founder Bankman-Fried Says He Failed To See Warning Signs – NYT
(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to…
Japan’s Q3 GDP Unexpectedly Shrinks As Soaring Inflation, Global Slowdown Take Toll
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy unexpectedly shrank in the third quarter, the first contraction in a year as…
Fed’s top financial regulator urges ‘guardrails’ for crypto
WASHINGTON (AP) — The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would…
Frontier, 5 other airlines to refund more than $600 million
Frontier Airlines and five foreign carriers have agreed to refund more than $600 million combined to travelers whose trips were…
U.S. Says Six Airlines Issue $622 Million In Refunds, Pay $7.25 Million In Fines
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department said Monday that six airlines will pay $7.25 million in…
Buffett’s Berkshire Discloses Big Taiwan Semi Stake
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing…
Another union rejects deal with nation’s freight railroads
OMAHA, Neb. (AP) — A third railroad union has rejected its agreement with the nation’s freight railroads, increasing the chances…
SEC Charges S&P Global Ratings With Conflict Of Interest Violations – Statement
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday it has charged S&P Global Ratings with conflict…
Oil Settles $3 Lower On China COVID Surge And Firmer Dollar
By Laura Sanicola (Reuters) -Oil prices settled around $3 lower on Monday, dragged down by a firmer U.S. dollar while…