Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance talent,” a Microsoft spokesperson said in an email to CNBC on Wednesday. “We are always ...
Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming ...
The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment agreements related to sexual assault charges. Meanwhile, a woman suing ...
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of President-elect Donald Trump’s second White House term. Janelle Gale, Meta’s vice ...
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. So what does this rapid rise in interest rates mean for your portfolio? Let’s look ...
The market sometimes struggles to find direction, as it digests mixed yet impactful economic data. Wednesday was one of those days. With US 10-Year Treasury yields rising and FOMC minutes highlighting inflation concerns, major indexes swung lower, then higher, before ...
The number of people killed in Gaza is significantly higher than the figure reported by authorities in the enclave, a peer-reviewed study by researchers from a leading health research university in the UK has found. According to findings announced by ...
Canadian Prime Minister Justin Trudeau said Thursday that President-elect Donald Trump’s comments about turning Canada into the United States’ 51st state are just a distraction from the consequences of Trump’s tariff threats. Trudeau, who announced earlier this week he would ...
Venezuelans are bracing for yet another wave of repression as strongman leader Nicolas Maduro prepares to be inaugurated for a third time on Friday – sealing an election outcome that opposition politicians and the US government say was stolen. In ...
A seaplane crashed during takeoff from an Australian tourist island, killing three people including Swiss and Danish tourists and injuring three others. Only one of the seven people aboard the Cessna 208 Caravan was rescued without injury after the crash ...
An airstrike by Myanmar’s army on a village under the control of an armed ethnic minority group killed about 40 people and injured at least 20 others, officials of the group and a local charity said Thursday. They said hundreds ...
When a Taiwanese telecoms company detected that an international undersea cable was damaged earlier this month, it worked to divert internet traffic from the broken line to keep customers on the island connected. But the company, Chunghwa Telecom, also went ...