Boeing starts issuing layoff notices
Boeing said it is issuing layoff notices starting this week to workers impacted by a broader plan by the planemaker to cut 17,000 jobs, or 10% of its global workforce. US staff receiving the notices this week will stay on Boeing’s payroll until Jan. Source link
‘Bringing Vistara’s best qualities to merger’ with AI: Chandrasekaran
NEW DELHI: Amid teething troubles in Vistara’s Nov 12 merger into Air India that has seen some flights of the erstwhile airline getting delayed, Tata Sons chairman N Chandrasekaran Thursday assured people that AI is on its way to become a “world-class global airline with an Indian heart”. Since Oct
Alex Jones Infowars Acquired by The Onion in Bankruptcy Auction | World News
Alex Jones (Picture credit: AP) The Onion, a satirical publication, acquired Infowars, the website founded by conspiracy theorist Alex Jones, in a bankruptcy auction on Thursday. The Onion‘s bid was supported by families of the Sandy Hook Elementary School shooting victims.In 2022, the families won a $1.4 billion defamation lawsuit
EU fines Meta nearly €800 million for ‘abusive’ practices benefiting Facebook marketplace
The European Commission on Thursday fined Meta nearly €800 million for breaching antitrust rules by giving Facebook users automatic access to Facebook Marketplace, benefiting the platform through “abusive practices”.The €797.72 million ($840.24 million) penalty follows a prolonged investigation, which concluded that Meta had abused its dominant market position and engaged
Boeing begins process to cut 17,000 jobs, reduce global workforce by 10%
Boeing announced on Wednesday that it will begin issuing layoff notices this week to employees affected by the company’s broader plan to reduce its global workforce by 17,000 jobs, or roughly 10%. US employees who receive these notices will remain on the Boeing payroll until January, as required by federal
Stock market today: Sensex rises over 254 points, Nifty at 23,645 in early trade
The equity markets opened on Thursday with with a slight dip as selling pressure persisted in both primary indices but later saw a rise during early trade.The BSE Sensex opened at 77,636.94, declining by 54.01 points or 0.07 per cent while Nifty 50 began trading at 23,542.15 points, a dip
Dogecoin soars after Trump election win: What you need to know
Dogecoin, a cryptocurrency known for its Shiba Inu dog mascot, has experienced a significant price increase since Donald Trump’s presidential election win. Dogecoin’s value more than doubled from less than 16 cents before election day to nearly 38 cents as of Wednesday afternoon, according to CoinDesk. The surge follows a
Half-a-trillion dollar investor wealth gone since September peak
MUMBAI: The recent market crash that started in Oct has left Indian investors poorer by more than half a trillion dollars. With the sensex now down nearly 10% from its all-time high in late Sept, BSE’s market capitalisation has dipped by about Rs 48.5 lakh crore (or $620 billion) to
Voda Idea Q2 loss narrows to Rs 7,176 crore
NEW DELHI: Debt-ridden Vodafone Idea on Wednesday said its consolidated loss narrowed to Rs 7,176 crore in the Sept quarter, compared to a loss of Rs 8,747 crore in the same period a year ago, helped by an increase in tariffs.The consolidated revenue from operations increased to Rs 10,932 crore
IL&FS financial centre sale stuck over valuation
NEW DELHI: The sale of The IL&FS Financial Centre (TIFC) in Mumbai’s Bandra-Kurla Complex has hit a hurdle after IL&FS undertook a fresh valuation which estimated that the value of its headquarters had gone up 57% to Rs 1700 crore, compared to the highest bid of Rs 1,080 crore in