Lyft confirmed its plans Thursday to lay off 13% of its workforce, equivalent to about 700 employees, as the broader downturn in once high-flying tech
Category Archives: business
Amazon pauses hiring for corporate workforce
Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday.
The economies of three swing states show midterm voters face different pressures
Midterm voters in Pennsylvania, Wisconsin and Arizona will help decide control of the Senate, but job and inflation data show different economic pressures.
CBS, Moonves must pay $30.5 million for insider trading after sex assault allegations
CBS and its former president, Les Moonves, will pay $30.5 million as part of an agreement with the New York attorney general’s office, which says the network’s
WWE ends investigation into alleged misconduct by Vince McMahon
World Wrestling Entertainment said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had
Bedeviled by high inflation, Federal Reserve hikes interest rate by 0.75% again
Battling inflation that remains at four-decade highs, the Federal Reserve said Wednesday it hiked its key interest rate by another 0.75%. “Inflation remains
Elon Musk suggests banned people won’t be allowed back on Twitter for weeks
Elon Musk suggested that people “de-platformed” will not be allowed back on Twitter for weeks, appearing to rule out the return of figures like former President Donald Trump before the midterm elections.
Hyundai expands recall of Santa Fe vehicles over fire risk
Hyundai has issued a new recall for approximately 44,000 model year 2018 Hyundai Santa Fe Sport vehicles due to a risk of fire.
Congress will want to hear from Elon Musk and Twitter — whichever party wins the midterms
Whether Republicans or Democrats win control of Congress in the midterm elections could have big implications for Twitter and billionaire Elon Musk.
Delta pilots threaten strike and United pilots reject agreement as holiday travel season nears
A day after Delta Air Lines pilots authorized a potential strike, United Airlines pilots rejected a tentative contract agreement, setting the stage for possible work stoppages as the busy holiday travel season approaches.