Boeing expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the planemaker confirmed to the Seattle Times newspaper on Monday. Last month, the Virginia-based company announced it would…
Bed Bath & Beyond, facing a crisis at the end of the summer as sales slumped and suppliers revolted, insisted white-collar workers return to the office four days a week. Interim Chief Executive Officer Sue Gove told staff at the…
Whitehall is poised for a “mini-reshuffle” from Tuesday, with prime minister Rishi Sunak setting up new party chairs and gutting a wide range of business departments. Sunak has narrowed his options for the new Conservative seat after the sacking of…
Sundar Pichai, CEO of Google Inc. said during an event in New Delhi on December 19, 2022. Sajjad Hussain AFP Getty Images Google CEO Sundar Pichai told employees Monday that the company will need all hands on deck to test…
Tech and growth-focused stocks have dominated the market for over a decade, but the “paradigm shift” came as the Federal Reserve raised interest rates to fight inflation, according to Steve Eisman, senior portfolio manager at Neuberger Berman Group. Eisman became…
US stocks and government bonds fell and the dollar strengthened on Monday after last week’s blockbuster jobs report raised the possibility of further interest rate hikes. Blue-chip Wall Street’s S&P 500 fell 0.6 percent in afternoon trade and the tech-heavy…
presidential candidates Donald Trump and Hillary Clinton attend campaign rallies in Ambridge, Pennsylvania, October 10, 2016 and Manchester, New Hampshire, USA, October 24, 2016 in a combination file photo. Fresh Mike | Carlos Barria Reuters Former President Donald Trump and…
Scientists and government agencies have been concerned about space junk around Earth for decades. But humanity’s stellar ambitions extend far beyond the confines of Earth’s orbit. Since the 1960s with the launch of the Apollo program and the emergence of…
The new Rolls-Royce boss has tapped an executive from oil major BP, his previous employer, to lead an overhaul of Britain’s flagship engineering group. Tufan Erginbilgic has brought on Nicola Grady-Smith as Rolls-Royce’s chief transformation officer, in the first external…
In 2008, I started photography from my dorm room. My goal is to become a professional photographer. It’s not easy, especially at the height of the recession, but I’m glad I never gave up. Today, at age 35, I am…