Bank of America
Wall Street job cuts loom as market turmoil stalls deals
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.
Business
US labor market remains stable, but job opportunities limited
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.
Bank of Canada
Mark Carney Chosen As Liberal Leader, Set To Succeed Trudeau As Canada’s Next PM
Former Bank of Canada Governor Mark Carney will become the next Prime Minister in the U.S.’ neighboring country after winning the Liberal leadership race on Sunday night.
000 workers
Samsung Electronics Workers Announce ‘Indefinite’ Strike Calling For Better Pay
Unionized workers at Samsung Electronics declared an indefinite strike Wednesday in a move to pressure South Korea’s biggest company to accept their calls for higher pay and other benefits.
AI features
In rare disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
LinkedIn for the first time disclosed sales for its premium subscription business as the company sees an uptick in adoption of new AI tools.
Alicia Summers
January Job Report Reveals Robust Growth Amidst Economic Uncertainty
Strong jobs data coincides with planned mass job cuts. Today’s January jobs report showed that 353,000 jobs were added.
$38 billion
US Thanksgiving weekend sales hit record $38 bln on big discounts – report
Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.