Americans
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
auditors
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Airbus
Insight: How production pressures plunged Boeing into yet another crisis
Snags have triggered soul-searching about quality controls and plunged Boeing into its second safety crisis in five years.
borrowing costs
US weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
employees
Snap Cutting 10% Of Global Workforce
The Social media company Snap has announced another round of layoffs amid financial struggles lately.
Amazon
iRobot Cutting 31% Of Workforce After Amazon Deal Falls Through
Roomba-maker iRobot has announced that the planned deal to be acquired by Amazon will not be completed, resulting in the company announcing they will be laying off 31% of its workforce.
Activision Blizzard
Microsoft to lay off 1,900 Activision Blizzard, Xbox staff
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week.
CEO
Spotify To Cut 17% Of Its Workforce In 3rd Layoff This Year
The music streaming platform Spotify has announced a third round of layoffs in 2023.
$44 billion
X’s CEO tells staff data will show efforts to fight hate, as advertisers flee
Social media company X CEO Linda Yaccarino told employees that “data will tell the real story” about its efforts to battle antisemitism.