Xi Jinping Inaugurates Chancay Megaport: A New Era for Peru's Trade and Economy
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Business
Netflix password-sharing crackdown details released
Additional information about streaming giant Netflix's efforts to restrict people from sharing passwords outside their households has come to light this week.
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2 Feb, 11:58 AM
Bed Bath & Beyond closing 87 more stores as it looks toward bankruptcy
The latest closures affect the struggling home goods retailer's stores nationwide.
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2 Feb, 11:44 AM
Peloton stock is surging — but here are 3 bad numbers from the latest earnings
It's far from sunshine and rainbows over at Peloton.
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2 Feb, 11:05 AM
Adani Crisis Deepens as Stock Rout Hits $100 Billion, Bonds Sink
Gautam Adani’s businesses have lost $107 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his s...
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2 Feb, 10:41 AM
Meta Cuts Spending. The Shares Jump.
The Facebook parent announced a new round of spending cuts along with its earnings report on Wednesday. Plus, it's buying back another $40 billion worth of stock.
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2 Feb, 08:38 AM
The US economy grew by 2.9% in the fourth quarter, more than expected | CNN Business
The US economy expanded again during the fourth quarter, registering solid growth to end 2022 even as consumers and businesses battled historically high inflation and rising interest rates.
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28 Jan, 01:38 PM
Why have tech firms fired 200,000 people? | DW Business
The biggest names in tech are planning major layoffs as they shift their strategies to react to new realities. Since the start of 2023 alone, thousands of wo...
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28 Jan, 01:30 PM
Amazon axes free grocery delivery on some Prime orders
Amazon Prime members who used to get free delivery on their grocery orders will be paying a fee for orders under $150.
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28 Jan, 01:27 PM
India’s Adani Group loses $48bn in stocks over fraud claims
Hindenburg Research claimed Adani Group had committed ‘brazen’ corporate fraud but Adani Group dismissed the report.
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28 Jan, 12:39 PM
Meta expands its partnership with the NBA to offer 52 games in VR
Meta is expanding its partnership with the NBA and WNBA to offer more than 50 live games in VR on Meta Quest.
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24 Jan, 09:23 AM
It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment - MarketWatch
The flood of recently laid-off tech workers on the job market has upended the dynamic between employers and employees, leading to prolonged job searches.
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24 Jan, 09:12 AM
Spotify to trim 6% of workforce in latest tech layoffs
Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession.
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24 Jan, 07:22 AM
Nvidia to Win Big From ChatGPT Hype, Predicts Wall Street
(Bloomberg) -- In the weeks since the ChatGPT artificial intelligence tool took the world by storm, Nvidia Corp. has emerged as Wall Street’s preferred pick for traders seeking to profit from its potential.Most Read from BloombergCitadel’s $16 Billion Win...
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23 Jan, 03:38 PM
Mass layoffs hobble Google's future-building Fuchsia and Area 120 teams
Two Google teams working on key long-term projects have been hit especially hard with the job cuts this week
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23 Jan, 09:48 AM
Layoffs etiquette: Microsoft and others are showing us what not to do when eliminating jobs
There’s no good way to eliminate thousands of jobs. But some ways are worse than others.
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23 Jan, 09:45 AM
Google parent to lay off 12,000 workers in latest blow to tech sector
Google's parent Alphabet is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday,
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20 Jan, 11:37 AM
