Zuckerberg’s Meta to ‘flatten’ middle managers in cost-cutting push: report
Mark Zuckerberg is reportedly giving many of Meta’s middle managers an ultimatum: Give up managing other employees and find something ...
Tag: Business
Bed Bath & Beyond sells $1B in stock to avoid bankruptcy
Bed Bath & Beyond reportedly has lined up investors for a last-minute cash infusion to help the struggling home-goods retailer ...
Inflation fight may last ‘quite a bit of time:’ Jerome Powell
Federal Reserve Chair Jerome Powell said Tuesday the latest employment report showed the process for getting inflation back near the central bank’s ...
Zoom to cut 1,300 jobs; CEO Eric Yuan will take 98% pay cut
Zoom Video Communications will lay off 15% of its workforce, or about 1,300 jobs, Chief Executive Officer Eric Yuan said in blog ...
Crypto firms ditch Super Bowl commercials this year after FTX meltdown
Cryptocurrency firms have been shut out from this year’s round of Super Bowl commercials following a brutal stretch that included ...
AMC to charge more for good seats in movie theaters
Middle seats at many US movie theaters just got more expensive. AMC Theaters, the nation’s largest movie theater chain, on ...
Google unveils ChatGPT rival called Bard for test users
Google parent Alphabet is planning to launch a chatbot service and more artificial intelligence for its search engine as well as developers, ...
Inflation-battered shoppers turn to dollar stores for groceries
High prices in the supermarket aisles for basic food items like eggs, milk and butter have driven more shoppers to ...
‘CNN This Morning’ crew keeps it civil after Don Lemon tantrum
Don Lemon and his “CNN This Morning” co-hosts made no mention of any onset turmoil Monday as all three appeared ...
Tyson Foods shares tank on weak demand for chicken
Tyson Foods took a “hit in the mouth” as larger-than-expected US beef and pork supplies reduced demand for its chicken, company executives ...
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