Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced Wednesday. Story Published at: January 04, 2023 at 09:03PM
Salesforce is cutting 10% of its personnel, more than 7,000 employees
Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny
Ant Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital as part of the new plan. Story Published at: January 04, 2023 at 09:02PM
Share of new car buyers with a monthly payment of more than $1,000 hits record high
High prices and rising interest rates are causing an affordability problem for many car shoppers. Story Published at: January 04, 2023 at 07:07PM
Paramount sued for $500 million over 1968 ‘Romeo & Juliet’ nude scene
Two stars of the 1968 film adaption of “Romeo & Juliet” have sued Paramount Pictures for more than $500 million over a nude scene the actors shot when they were teenagers.Story Published at: January 04, 2023 at 05:52PM
Nonprofit financed by billionaire George Soros quietly donated $140 million to political causes last year
A George Soros backed nonprofit put $140 million into politically charged groups in the buildup to the 2022 midterm elections. Story Published at: January 04, 2023 at 03:08PM
China risks overhang U.S. tech giants Tesla and Apple as share prices plunge
Apple and Tesla are facing headwinds in China with concerns over consumer strength, which is contributing to investor jitters around the U.S. tech giants. Story Published at: January 04, 2023 at 11:50AM
The UK recession will be almost as deep as that of Russia, economists predict
The U.K.’s economic contraction in 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.Story Published at: January 04, 2023 at 08:08AM
Ant gets approval to expand its consumer finance business
Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns.Story Published at: January 04, 2023 at 05:08AM
Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market
Manhattan real estate brokers are concerned both buyers and sellers are staying on the sidelines.Story Published at: January 04, 2023 at 05:01AM
New to the job market? These 5 ‘soft’ skills could give young workers an edge, according to LinkedIn
“Hard skills can help you get a recruiter’s attention, but soft skills can help you land the job,” said a career expert from LinkedIn.Story Published at: January 04, 2023 at 01:00AM
