Factbox-Corporate America Braces For Large-scale Layoffs
(Reuters) -Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a…
Republicans tout benefits of fossil fuels at climate talks
SHARM EL-SHEIKH, Egypt (AP) — Members of a Republican Congressional delegation took the stage at this year’s U.N. climate talks…
Elizabeth Holmes Seeks To Avoid Prison For Theranos Fraud
By Jonathan Stempel and Jody Godoy (Reuters) -Elizabeth Holmes urged a U.S. judge not to send her to prison, as…
Elizabeth Holmes asks for leniency for her Theranos crimes
Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become…
Nearly Half Meta Job Cuts Were In Tech, Execs Say
(Reuters) -Meta Platforms told employees on Friday that 54% of the 11,000 jobs it cut earlier this week were business…
Italy’s Benettons, Blackstone Set To Complete Atlantia Buyout Bid -sources
By Elisa Anzolin MILAN (Reuters) -The Benetton family and U.S. investment fund Blackstone aim to press ahead with their offer…
Crypto Markets In Turmoil Over FTX Bankruptcy
(Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a…
Twitter Blue signups unavailable after raft of fake accounts
Twitter’s relaunched premium service — which grants blue-check “verification” labels to anyone willing to pay $8 a month — was…
U.S. Hotels Reel From China COVID Curbs Amid Travel Boom
By Priyamvada C (Reuters) – U.S. hotel operators expect more pain from China’s strict COVID-19 lockdowns which have halted construction…
Take Five: A UK Budget And Trouble In Crypto Land
LONDON (Reuters) -The long-awaited UK fiscal plan is (almost) here and after the ructions unleashed by September’s mini-budget, markets are…