By Anirudh Saligrama (Reuters) – BlackRock has announced layoffs that would impact less than 1% of its workforce as a result of budget reallocations to support critical priorities, according to[...]
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June 22, 2023
Wall Street ends higher as Powell wraps up testimony
By Stephen Culp (Reuters) – The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat a hawkish drum and suggested the central ban[...]
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Citi will hold employees ‘accountable’ for office attendance -statement
NEW YORK (Reuters) – Citigroup will start holding employees “accountable” for compliance with hybrid work model rules, the bank said in a statement on Thursday. Bloomberg reported ea[...]
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Facebook to end news access in Canada over incoming law on paying publishers
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Meta Platforms Inc plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation requiring[...]
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California, other states join FTC bid to block Amgen deal
By David Shepardson WASHINGTON (Reuters) – The states of California, New York, Illinois, Minnesota, Washington and Wisconsin have joined a Federal Trade Commission (FTC) lawsuit to stop Amgen[...]
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Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the b[...]
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Ford preparing for new round of layoffs for US salaried workers – WSJ
(Reuters) – Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar with the matter[...]
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Quality of new vehicles in US declining on more tech use, study shows
(Reuters) – Quality of new vehicles sold in the United States is declining as factors such as growing use of technology and lower build quality of certain parts are making the models more[...]
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Factbox-Flurry of US-India deals on AI, defense as Biden, Modi meet
By Jarrett Renshaw (Reuters) -Indian Prime Minister Narendra Modi and U.S. President Joe Biden met in Washington on Thursday and several agreements were to be announced to strengthen economic and dipl[...]
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