Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.
Nation and World
The Las Vegas-based company will join a lengthy list of competitors for one of three downstate New York gaming licenses expected to be awarded later this year.
Inflation eased to 6.5% in December compared with 12 months earlier, the government said Thursday.
The organization did not immediately respond to an inquiry about how many Russian companies attended past CES events, or if there was less interest from them this year.
Starbucks workers around the U.S. are planning a three-day strike starting Friday as part of their effort to unionize the coffee chain’s stores.
The Justice Department said the defendants showcased their “extravagant lifestyles” to fool others into thinking they were skilled stock traders.
On a month-to-month basis, the consumer price index rose just 0.1% in November, down from 0.4% in October.
The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy.
The government of Macao will draft new concession agreements for Las Vegas Sands Corp., Wynn Resorts Ltd., MGM Resorts International and three other companies.
Black Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers.
The likelihood of a national rail strike grew when the union representing conductors, rejected management’s latest offer.
The year-over-year increase, down from 8.2 percent in September, was the smallest rise since January.
The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s general counsel, two people familiar with the deal said Thursday night.
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates.
