Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:26
California Insurers’ Inability to Price Risk Is Causing Headaches
California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate
2023-06-07 04:15
Spirits Maker Bacardi Sells Bond to Refinance Debt After Jay-Z Cognac Fight
Spirits maker Bacardi Ltd. tapped the corporate bond market Tuesday to refinance a bridge loan used to boost
2023-06-07 03:50
All Tesla Model 3 Vehicles Now Eligible for Full $7,500 US Tax Credit
All of Tesla Inc.’s Model 3 sedans are now eligible for the full US tax credit under new
2023-06-07 03:17
US Secretary of State Blinken Set to Travel to Beijing for Talks in Coming Weeks
Secretary of State Antony Blinken plans to visit China in the coming weeks for talks with top officials,
2023-06-07 02:28
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:45
Golf Stocks Rally With PGA-LIV Deal Seen Boosting Sport’s Growth
Topgolf Callaway Brands Corp. and Acushnet Holdings Corp. climbed after the shock announcement that the PGA Tour will
2023-06-07 01:17
Amtrak CEO: Pandemic delayed profitability by years
The CEO of perennially unprofitable Amtrak joked to Congress Tuesday that the fastest track to a financial turnaround would be to stop operating trains and instead "go into the real estate business." But he said he has no intention of doing so.
2023-06-07 00:59
US passenger railroad Amtrak CEO says ridership near pre-pandemic levels
By David Shepardson WASHINGTON Amtrak CEO Stephen Gardner said on Tuesday the U.S. passenger railroad expects traffic to
2023-06-07 00:29
CBI Survives Key Members’ Vote After Harassment Scandal
The Confederation of British Industry won the support of 93% of members who voted in Tuesday’s poll to
2023-06-06 23:59
Microsoft Pays $20 Million to Resolve FTC Kids’ Privacy Case
Microsoft Corp. agreed to pay $20 million to settle a US Federal Trade Commission claim that the company
2023-06-06 23:54
Coinbase Sued by SEC for Breaking US Securities Rules
The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging
2023-06-06 22:26