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Rivian cuts 1% of workforce in second round of layoffs this year

Financial Wealth DailyApril 18, 2024April 18, 20240

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…

  • Economy

BOJ’s Ueda signals possible rate hike if weak yen boosts inflation

Financial Wealth DailyApril 18, 2024April 19, 20240

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest…

  • Top News

World Bank sets goal of expanding healthcare to 1.5 billion people by 2030

Financial Wealth DailyApril 18, 2024April 19, 20240

By David Lawder WASHINGTON (Reuters) – The World Bank Group on Thursday unveiled a new goal to help countries deliver…

  • Business

US creditors push back against some creative funding trades, Moody’s says

Financial Wealth DailyApril 18, 2024April 19, 20240

By Shankar Ramakrishnan (Reuters) – Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down…

  • Business

Google consolidates its DeepMind and Research teams amid AI push

Financial Wealth DailyApril 18, 2024April 18, 20240

(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…

  • Business

Tesla layoffs include 14% of Buffalo workers, WARN notice shows

Financial Wealth DailyApril 17, 2024April 17, 20240

(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of…

  • Business

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Financial Wealth DailyApril 17, 2024April 17, 20240

By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party…

  • Business

Google lays off employees, shifts some roles abroad amid cost cuts

Financial Wealth DailyApril 17, 2024April 17, 20240

(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…

  • Business

Trump Media shares tank after filing shows more stock may be sold

Financial Wealth DailyApril 16, 2024April 16, 20240

By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…

  • Domestic

Trump has an edge over Biden on economy, Reuters/Ipsos poll finds

Financial Wealth DailyApril 16, 2024April 16, 20240

By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…

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