Bolt lays off staff as payments startup fights lawsuit from biggest customer
Embattled checkout payments startup Bolt on Wednesday became the latest tech startup to lay off employees in an increasingly brutal ...
Tag: Business
Lucid Motors recalling 1,100 Air cars over display issue
Lucid Motors said Wednesday it is recalling 1,100 2022 Air vehicles because display screens may fail to work due to a wiring ...
Amazon shareholders reject investor-led proposals
Amazon shareholders on Wednesday voted against all investor-led resolutions that challenged the company’s policies — including its use of plastics and ...
Twitter faces skeptical investors during Elon Musk talks
Twitter will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will ...
Stocks of gun makers surge after Texas school shooting
Shares of prominent publicly traded gun and ammunition makers rose sharply in trading Wednesday after the deadly mass shooting at ...
Delivery app Getir axing 14% of employees, NYC workers outraged
Rapid delivery app Getir said Wednesday that it plans to cut 14% of its global workforce — but gave employees ...
‘Italy will have no people’ if birthrates continue
Billionaire Elon Musk has a simple message for Italy and other countries around the world who have reported falling birthrates ...
Kohl’s braces for bidders to slash takeover offers: report
Bidders competing to acquire Kohl’s are preparing to make binding offers that are lower than the indicative bids they submitted earlier this ...
NYC workers lag in returning to office over crime fears, COVID
Manhattan-based workers are not returning to their offices en masse due to the ongoing coronavirus pandemic and concerns over crime ...
Wendy’s surges as biggest shareholder Trian Partners explores deal
Wendy’s largest shareholder, activist hedge fund Trian partners, has signaled it is exploring a potential deal to buy the fast-food ...
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