More From Manan Bhavnani
Fortune 500 Companies That Announced Massive Employee Layoffs This Month
The past few weeks have been turbulent, with layoffs hitting several industries.
Nov 24, 2022
Carvana To Lay Off Nearly 1,500 Workers After Sales And Stock Tank
Carvana, one of the biggest car rental services, is laying off nearly 1,500 employees after a sales dip and falling stock.
Nov 18, 2022
Twitter's Future In Doubt After Massive Exits Following Musk's Ultimatum
Several employees have left Twitter since Musk's ultimatum earlier this week.
Nov 18, 2022
Trump Organization Trial Update: Key Executive Reveals Role Of Family In Tax Fraud Scheme
Allen Weisselberg returned to court Thursday, testifying in a hearing about the Trump Organization's practices.
Nov 17, 2022
U.S. Economy: Mortgage Rates Fell Last Week, In The Biggest Drop In Four Decades
Mortgage rates dipped to around 6% last week, in the biggest decline since 1981.
Nov 17, 2022
US Economy: Labor Market Remains Strong As Unemployment Claims Fell Last Week
Jobless claims fell last week, pointing to a labor market that remains strong.
Nov 17, 2022
US Lawmakers Call Crypto Executive To Testify In FTX Collapse Hearing
U.S. lawmakers on Wednesday, in a rare bipartisan vote, called on FTX's Sam Bankman-Fried to testify in a hearing about the crypto exchange's decline.
Nov 16, 2022
Elon Musk Issues Ultimatum To Twitter Employees: Work 'Long Hours' Or Leave
Twitter CEO Elon Musk early Wednesday called on the social media site's staff to work "long hours" or find another new job.
Nov 16, 2022
Rick Scott Announces Minority Leader Run In A Bid To Replace Mitch McConnell
Florida senator Rick Scott on Tuesday announced a run for Senate Minority Leader.
Nov 15, 2022
Major Alphabet Investor Urges 'Aggressive Action,' Including Layoffs, To Cut Costs
A London-based hedge fund that's a key Google investor has urged the company to reduce costs.
Nov 15, 2022
Walmart Reaches $3.1B Settlement In Opioid Case
Retail giant Walmart agreed to pay $3.1 billion to settle an opioid-crisis related lawsuit.
Nov 15, 2022
Elon Musk's $56 Billion Compensation Trial Begins In Delaware Court
Elon Musk and other Tesla executives began testifying Monday in a trial over the company's compensation packages.
Nov 14, 2022
Amazon To Lay Off 10,000 Employees This Week
Amazon is planning to trim its workforce by 10,000 people, the biggest job cut for the tech giant.
Nov 14, 2022
Russia-Ukraine War: Zelensky Visits Liberated Kherson, One Week After Russian Retreat
Ukraine's President Zelensky visited the liberated province of Kherson on Monday.
Nov 14, 2022
The Health Insurance Open Enrollment Deadline Is Approaching. Here's What You Need To Know
Health insurance can be tricky to navigate, whether getting a plan, opting out or switching between options.
Nov 11, 2022
Twitter's Turmoil Continues After Staffer Issues Warning Over FTC Compliance
The internal letter raises FTC compliance concerns, as troubles grow at the social media platform.
Nov 10, 2022
US Economy: Rate of Inflation Lower Than Expected, Stock Surges
Inflation rose 7.7% for the year ending October, a smaller-than-expected increase signaling the economy may be cooling, a Labor Department report showed Thursday
Nov 10, 2022
Russia-Ukraine War: In Major Retreat, Russia Pulls Out From Kherson
A retreat from Kherson represents a blow for Putin and a win for Ukraine.
Nov 09, 2022
Semiconductor Giant TSMC Exploring Second Major Arizona Expansion
The new Arizona facility would produce top-of-the-line 3-nanometer semiconductors.
Nov 09, 2022
Salesforce Launches A Fresh Round Of Layoffs After Waning Demand
Salesforce this week laid off hundreds of employees as it saw demand shrink in some markets.
Nov 08, 2022
Elon Musk's Wealth Plunges By Nearly Half In 2022, Down From $340B Peak
The Tesla and Twitter CEO's wealth has taken a nosedive this year, particularly since his purchase of the social media platform.
Nov 08, 2022
What Is Mastodon? Amid Twitter's Turbulence, Alternative Site Gains Users And Heavy Traffic
Open-source social media platform Mastodon has been growing in popularity, attracting dozens of Twitter defectors.
Nov 07, 2022
'Cleanest' Lettuce Recalled In Florida Over Salmonella Concerns
Concerns over possible salmonella prompted a massive recall of the 'world's cleanest lettuce,' in Florida late Friday.
Nov 07, 2022
ExxonMobil Considers Options For Unused Office Space At Massive Houston Facility
The oil giant is split over a decision to lease or sell nearly half of the office space at its Houston campus.
Nov 04, 2022
US Economy: Jobs Grew In October Amid Strong Labor Market, Record Inflation
Jobs in the U.S. grew in October, albeit at a slower rate than the previous month, a new BLS report showed.
Nov 04, 2022
Gabby Petito's Family File $50 Million Wrongful Death Lawsuit Against Moab Police
Gabby Petito's family filed a wrongful death lawsuit against Moab Police Thursday, alleging the cops could have saved her.
Nov 03, 2022
FTC Slaps $100 Million Fine On Ericsson Subsidy For Deceptively Retaining Customers
The FTC on Thursday ordered Ericsson subsidy Vonage to pay a $100 million fine for deceptively retaining customers.
Nov 03, 2022
Electric Vehicle Maker Nikola Beats Q3 Earnings Expectations
Nikola saw a modest loss as its Q3 revenues beat expectations.
Nov 03, 2022
US Economy: Federal Reserve Hikes Interest Rates Further To Fight Inflation
The Federal Reserve on Wednesday approved another 0.75 interest rate hike in a bid to stifle unyielding inflation.
Nov 02, 2022
HBO's 'The Last Of Us' Series To Hit Screens Early Next Year
HBO's highly anticipated "The Last of Us" series will premiere on Jan. 15.
Nov 02, 2022
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