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After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Xerox, Google and BlackRock this month have announced plans to trim their workforces. Some of the companies now cutting jobs conducted larger-scale layoffs over the past year or so. Since then, inflation has come down along with expectations for a recession, which most economists anticipated as recently as the middle of last year. Copyright ©2024Dow Jones & Company, Inc. All Rights…

Listen to article(1 minute)Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared with the beginning of the year, while employees are quitting at a lower rate than before the pandemic began. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to…

Executives come up with new ways to describe corporate initiatives; “responsible business” as an alternative. Executives come up with new ways to describe corporate initiatives; “responsible business” as an alternative. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

The shareholders’ votes, along with others in Europe, deal a blow to activists. The shareholders’ votes, along with others in Europe, deal a blow to activists. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

ShareListen(2 min) ShareListen(2 min) FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

A major cryptocurrency operated by Circle Internet Financial Ltd. meant to mimic the value of the U.S. dollar dropped sharply after the company said it had $3.3 billion tied up in the collapsed Silicon Valley Bank.USD Coin fell below 87 cents on Saturday morning, according to data from CoinDesk. The virtual currency, known as a stablecoin, is designed to trade exactly at $1. It is backed by real U.S. dollars and short-term government debt, and sits at the heart of cryptocurrency trading. Breaking its peg with the dollar…

AT&T’s fiber network currently serves 21 states mostly in the South and Midwest as well as California, Texas and Florida. Photo: Anthony Behar/Sipa USA/Reuters…

Microsoft Corp.’s $1 billion climate innovation fund is betting on a battery startup valued at more than $3 billion that is trying to dramatically improve power and charging time of electric vehicles. Group14 Technologies is getting $214 million from investors—just a slice of billions in private and government cash going to make better batteries, which are essential for EVs and renewable energy, company officials said. Other investors include Oman’s sovereign-wealth fund and a climate fund backed by…

Companies are pouring a lot of money into the idea that hydrogen can help decarbonize the fossil-fuel-based economy.But first, they have to figure out a way to produce that hydrogen more cheaply. Today, hydrogen is mostly used in the production of fossil fuels and to make ammonia, an ingredient in many fertilizers. But it is also promoted as fuel for heating or transportation or power for industrial processes. One drawback to hydrogen as a form of green energy, however, is that nearly all of the world’s hydrogen is…

Take a look at Phil Collins now. The English rocker and his Genesis bandmates have agreed to sell a bundle of their music rights to Concord Music Group Inc., according to the company.The megadeal—valued at over $300 million, according to people familiar with the transaction—includes the publishing copyrights and a mix of recorded music income streams and masters of Mr. Collins, Mike Rutherford and Tony Banks ‘ individual careers…