Nissan increases job cuts to 20K by 2027
Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its recovery plan “Re-Nissan.” The company now plans to slash a total of 20,000 positions by…
Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its recovery plan “Re-Nissan.” The company now plans to slash a total of 20,000 positions by…
Inflation rose slightly in April and remained above the Federal Reserve’s target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months.…
UnitedHealth Group on Tuesday said Chairman Stephen Hemsley will return to the helm of the health care conglomerate, succeeding CEO Andrew Witty. Witty is stepping down for “personal reasons,” effective…
President Donald Trump on Tuesday signed a “strategic economic partnership” alongside Saudi Arabian Crown Prince Mohammed bin Salman. The partnership included a series of deals on energy, defense, mining and…
President Donald Trump on Tuesday touted his administration’s economic policies in a speech delivered in Saudi Arabia. The president is traveling through the Middle East this week in an effort…
Dylan Mulvaney has been promoting luxury clothing brand Versace in social media posts, roughly two years after the transgender influencer’s controversial partnership with Bud Light financially hurt the brand. “I…
A Turkey-based copper wire manufacturer announced on Tuesday it is investing $34 million in South Carolina to establish a 91,000-square-foot facility that will manufacture superfine electrolytic oxygen-free (EOF) copper wire…
Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in…
Microsoft has plans to trim its workforce through layoffs. The planned layoffs will reduce the Washington-based tech company’s total workforce by 3%, CNBC first reported on Tuesday. The number of jobs…
President Donald Trump on Tuesday brought back his criticism of the Federal Reserve’s leadership for not cutting interest rates amid its concerns about inflation, which remains above the central bank’s target…