UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the SEC on Tuesday.
Category Archives: business
Diana Taurasi is looking for her sixth gold medal at the Paris Olympics
It was 20 years ago that Diana Taurasi first got called up to the senior national basketball team.
Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots
When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience.
Barcelona protesters throw items and spray travelers with water while shouting ‘tourists go home’
Millions flock to Barcelona, Spain, every year to enjoy a sweet taste of idyllic European life.
Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth.
Trump pushes new GOP platform softening party’s positions on abortion and same-sex marriage
The national Republican Party is set to abandon a decades-long push for a federal abortion ban and soften the stance on same-sex marriage in its platform.
Paramount merger sparks concern among movie theater owners
Paramount Global, the company behind “Top Gun” and Nickelodeon, agreed to merge with David Ellison’s Skydance.
Black lawmakers are a key line of defense for Biden as he fights to save his campaign
President Joe Biden is counting Black lawmakers to help him stave off Democratic defections and save his flagging reelection campaign.
S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable.
U.S. runner Weini Kelati’s Olympic journey is a childhood dream in the making
Before Weini Kelati was running 10,000 meters to a finish line, she was running long distances to school in Eritrea.