Business - Page 5
205 articles in this category
BusinessMicrosoft to cut 4,800 jobs across Xbox and commercial sales units
Microsoft will cut 4,800 jobs across its Xbox and commercial sales units. CEO Asha Sharma confirmed this reduction affects 2.1% of the company's workforce.
BusinessMicrosoft to cut 4,800 Xbox jobs in major restructuring effort
Microsoft CEO Asha Sharma announced the elimination of 4,800 Xbox jobs, representing 2% of the company's workforce, to restructure the gaming division.
BusinessBentley Unveils Torcal EV Amid Slumping Luxury Electric Market
Bentley officially unveiled its first electric vehicle, the Torcal, during a September 23 event in London, targeting the struggling luxury car market today.
BusinessMicrosoft to Cut 3,200 Xbox Jobs in Major Restructuring
Microsoft CEO Asha Sharma announced that the Xbox division will cut 3,200 jobs, representing 20% of its total workforce, over the next fiscal year period.
BusinessSky to Acquire ITV Media Arm for £1.6 Billion
Sky agreed to purchase the media and entertainment division of ITV for £1.6 billion to compete with global streaming services in the British market today.
BusinessDelta Flight 1076 Damaged by July 4 Fireworks During Landing
A Delta Air Lines flight sustained damage after a firework hit the plane during its July 4 landing at Chicago Midway International Airport on Thursday.
Business$10 Million Donation Secures Freedom 250 Speaking Slot on Mall
A $10 million corporate donation secures a speaking slot at the Freedom 250 event on the National Mall, highlighting a divide in anniversary celebrations.
BusinessExtreme Heat and Rising Costs Dampen Fourth of July Celebrations
Extreme heat and wildfires force evacuations for 9,000 people in Utah this Fourth of July, while rising food costs strain holiday budgets across the U.S.
BusinessBombing in Monaco Targets Billionaire Boardroom Amid Manhunt
Interpol identified 39-year-old Anastasiia Berezovska as the primary suspect after a bombing targeted a billionaire's boardroom in Monaco this past Monday.
BusinessSandwich chain cites AI 22 times in IPO filing to lure investors
Jersey Mike’s filed for an IPO on the New York Stock Exchange, mentioning artificial intelligence 22 times in its filing to attract potential investors.
BusinessUS Adds 57,000 Jobs in June, Missing Forecast of 100,000
The U.S. economy added 57,000 jobs in June, falling well below the 100,000 forecast. The Bureau of Labor Statistics also revised April and May totals down.
BusinessUS Employers Added Only 57,000 Jobs in June, Missing Forecasts
US employers added just 57,000 jobs in June, missing the 100,000 forecast by FactSet analysts. The data shows hiring momentum cooled significantly this month.