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 04:22
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 03:57
Crypto Carries On After SEC Clampdown on Largest Exchanges
Cryptocurrency advocates appear to be taking in stride the US Securities and Exchange Commission’s widening crackdown on the
2023-06-07 03:45
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 03:23
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 01:48
Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
2023-06-07 01:48
Beijing Reports First Two Mpox Cases, Isolates Patients
China’s capital reported its first mpox infections and local health authorities have started an investigation to trace its
2023-06-07 00:52
UK Gambling Veterans Push for Shakeup at William Hill Owner 888
A group of gambling industry veterans is pushing for changes at 888 Holdings Plc, the owner of British
2023-06-07 00:51
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
Half of the biggest global companies plan to cut office space. US cities will suffer most
Around 50% of major global companies will need less real estate in the next three years, with American cities — led by San Francisco — most exposed to empty offices, new research has found.
2023-06-06 23:16
ChatGPT Maker OpenAI Is Staying Private So It Can Make ‘Strange’ Decisions
OpenAI Inc. Chief Executive Officer Sam Altman said he’s not interested in taking the artificial intelligence startup public
2023-06-06 22:54
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 22:16