By Pasko Inama Wednesday, August 31, 2022 Business Snapchat to lay off more than 1,200 staffers, or 20% of global headcount - CNN (CNN) Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employ...
By Pasko Inama 3:03 AM Business Royal Caribbean is putting SpaceX's Starlink on its cruise ships - The Verge Royal Caribbean, the cruise company that also operates Celebrity Cruises and Silversea Cruises, has announced that it’ll be outfitting its ...
By Pasko Inama 2:03 AM Business BYD plunges after Buffett trims his stake; one fund manager says it could be a warning sign - CNBC Hong Kong-listed shares of BYD tumbled on Wednesday after Warren Buffett's Berkshire Hathaway trimmed its stake in the Chinese elect...
By Pasko Inama Tuesday, August 30, 2022 Business Coinbase, FTX, Binance get inquiries as Congress looks to crack down on $1 billion crypto fraud - CNBC Twenty/20 In its first foray into the crypto sector, the House Committee on Oversight and Reform is dialing up the pressure on ...
By Pasko Inama 3:23 PM Business The US economy had more job openings than expected in July - CNN Minneapolis (CNN Business) US employers aren't ditching their "help wanted" signs just yet, according to new data released ...
By Pasko Inama 2:13 PM Business The US economy had more job openings than expected in July - CNN Minneapolis (CNN Business) US employers aren't ditching their "help wanted" signs just yet, according to new data released ...
By Pasko Inama Monday, August 29, 2022 Business Neel Kashkari 'Happy' to See the Stock Market's Reaction After Jackson Hole - Bloomberg [unable to retrieve full-text content] Neel Kashkari 'Happy' to See the Stock Market's Reaction After Jackson Hole Bloomber...
By Pasko Inama 2:05 PM Business FTC sues data broker for allegedly selling location data from hundreds of millions of phones - CNBC Pedestrian using their mobiles phones in Hong Kong on Friday, Jan. 29, 2021. In a city where pedestrians glued to their phones are li...
By Pasko Inama 1:03 PM Business Honda, LG announce $4.4 billion US battery factory for EVs - CNN Washington, DC (CNN Business) Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to ...
By Pasko Inama 1:03 AM Business First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments - CoinDesk Even by these standards, Jerome Powell's remarks at the Fed's Economic Symposium on Friday drew particular attention, coming amid a...
By Pasko Inama Sunday, August 28, 2022 Business 'Inflation Fever' Is Finally Breaking — But Central Banks Won't Stop Hiking Rates - Bloomberg [unable to retrieve full-text content] 'Inflation Fever' Is Finally Breaking — But Central Banks Won't Stop Hiking Rates Bl...
By Pasko Inama 4:03 PM Business Warren slams Jerome Powell over interest rate comments: 'I'm very worried that the Fed is going to tip this economy into recession' - CNN (CNN) Democratic Sen. Elizabeth Warren of Massachusetts on Sunday slammed Federal Reserve Chairman Jerome Powell for suggesting interest ...
By Pasko Inama 3:03 PM Business Cash is king for EV makers as soaring battery prices drive up vehicle production costs - CNBC Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company's plant in Normal, Ill. Michael Wayland / CNBC ...
By Pasko Inama 12:03 PM Business Revised: Odds of falling home prices in your local housing market, as told by one interactive map - Fortune “We saw [home] prices moving up very very strongly for the last couple of years. So that changes now. And rates have moved up,” Powell told...
By Pasko Inama 7:03 AM Business Here's What To Do As Market Rally Feels Powell's 'Pain' - Investor's Business Daily Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significa...