Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The software maker also disclosed a small number of cuts this time last year. GeekWire reported on the latest cuts earlier […]
Microsoft to lay off more employees months after letting 10,000 workers go Read More »
Canada’s watchdog for corporate wrongdoing says she has enough to launch an investigation of allegations that Nike Canada and a gold mining company are benefiting from the forced labor of Uyghurs in China. It’s the first time the office of the Canadian Ombudsperson for Responsible Enterprise (CORE) has launched an investigation since the federal government
Economy beats expectations The Canadian Press – May 31, 2023 / 5:58 am | Stories: 429444 Photo: The Canadian Press The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of
Economic growth beats expectations with 3.1% gain in Q1: StatCan – Business News Read More »
CHICAGO — The devil, as they say, is in the details. While most people agree that snacking is a significant food and beverage market trend, success requires understanding who the key customers are, what they prefer to snack on and when. The market researcher 84.51º, Cincinnati, a business unit of Kroger Co., dedicated its May
Breaking down the snacking occasion Read More »
Basma Hameed is living her childhood dream to create her own cosmetics. She has developed a 40-shade foundation called Basma — now selling online and soon to be available in stores at beauty giant Sephora. “It’s still hard to believe, but it’s incredible,” Hameed, 36, said of her success. “You don’t [expect] somebody who’s a
Canadian burn survivor’s 40-shade foundation line gets picked up by beauty giant Sephora Read More »
Warren Buffett, chairman and CEO of Berkshire Hathaway, criticized the government’s intervention in recent bank failures, saying on Saturday it averted what could have become an even bigger crisis. Yet he said the US banking system had become too complicated — and it was not surprising that the banks failed. He said he’d been selling
Berkshire Hathaway shareholder meeting takeaways: Warren Buffett’s remarks Read More »
ChatGPT now on iPhone Matt O’Brien, The Associated Press – May 18, 2023 / 11:27 am | Story: 427472 Photo: The Canadian Press FILE – The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. The head of the artificial intelligence
ChatGPT makes its debut as a smartphone app on iPhones – Business News Read More »
Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previous layoffs that commenced last November and extended into January. That round affected more than 18,000 employees. Amazon made the decision to lay off more employees as it looks to
Amazon to lay off 9,000 more workers Read More »
A US District Court judge has ruled that Elizabeth Holmes, founder and CEO of the disgraced blood-testing company Theranos, cannot remain free on bail while she appeals her fraud conviction. According to court documents filed Monday, Judge Edward Davila ruled that the portion of the conviction that Holmes is appealing is not likely to be
Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shops. In a release dated April 7, the Orlando, Florida-based company announced it was seeking to improve its capital structure in order to “remediate its doubts regarding its ability to continue
Food storage brand Tupperware warns it could go out of business Read More »
