Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:24
US Secretary of State Blinken Set to Travel to Beijing for Talks in Coming Weeks
Secretary of State Antony Blinken plans to visit China in the coming weeks for talks with top officials,
2023-06-07 02:16
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:58
Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
2023-06-07 01:52
CBI Survives Key Members’ Vote After Harassment Scandal
The Confederation of British Industry won the support of 93% of members who voted in Tuesday’s poll to
2023-06-06 23:53
French Unions Hold New Strikes Against Macron Pension Reform
French unions are holding a fresh day of strikes against Emmanuel Macron’s pension reform in a test of
2023-06-06 17:26
ECB Says Consumer Inflation Expectations Fell Significantly
Consumer expectations for euro-zone inflation eased significantly in April, adding to the case for the European Central Bank’s
2023-06-06 16:58
Australia’s Hawkish Interest-Rate Hike Explained in Four Charts
Australia’s central bank surprised investors for a second straight month with an interest-rate increase that suggested it’s worried
2023-06-06 16:50
Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Investors are looking anew at Egypt’s bonds after signs of progress in its plans to sell state assets.
2023-06-06 16:47
Ferrari to Stick With F1 as CEO Says Racing Drives Innovation
Ferrari NV isn’t giving up on auto racing. Even after another disappointing season on the Formula 1 circuit,
2023-06-06 16:16
Half of Large Firms Plan to Cut Office Space, Knight Frank Says
Many of the biggest corporate employers plan to reduce the amount of office space they occupy over the
2023-06-06 15:52
Ukraine Blames Russia for Dam Blast That Risks Flooding War Zone
Ukraine said Russian forces have blown up a giant dam in the country’s south, unleashing a torrent of
2023-06-06 14:58