Facebook owner Meta slashes business teams in final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs…
Day: May 24, 2023
Musk’s AI Plan to Take on Microsoft, Google
Musk Calls for Third AI Force and Hints of Twitter Profitability There needs to be a…
EU sets out plans to cut the price of financial products
By Huw Jones LONDON (Reuters) -The European Union set out plans on Wednesday to cut how…
Biden administration backs Google in song lyrics case at Supreme Court
By Blake Brittain (Reuters) -The Biden administration's U.S. solicitor general said…
Analysis-Global pension funds eye currencies for additional returns
By Laura Matthews NEW YORK (Reuters) - Expectations for lower returns in stocks and bonds…
Abercrombie & Fitch shares surge on surprise profit, sales…
By Granth Vanaik (Reuters) - Abercrombie & Fitch Co on Wednesday posted a surprise…
Mexico inflation hits 20-month low after rate hikes paused
(Reuters) -Consumer prices in Mexico fell more than expected in the first half of May,…
Accenture secures up to $2.6 billion contract to modernize IRS systems
(Reuters) - An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion…
Biden nominates Air Force general to lead NSA, Cyber Command
WASHINGTON (Reuters) -U.S. President Joe Biden has nominated Air Force Lieutenant General…
Marketmind: Fears of 6% and US debt jam
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are…
