Paramount Global begins planned layoffs with 15% job cuts in US
(Reuters) – Paramount Global will begin laying off 15% of its workforce in the United States starting Tuesday as part…
Category: Business
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a lineup of new Pixel smartphones…
Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
By Granth Vanaik and Aishwarya Venugopal (Reuters) -Starbucks on Tuesday named Chipotle Mexican Grill head Brian Niccol as its new…
Chevron delivers industry first in ultra-high pressure oil field
HOUSTON (Reuters) – Chevron has achieved a technological breakthrough, producing first oil from a U.S. Gulf of Mexico field under…
Google says it is deactivating Russia-based AdSense accounts
(Reuters) – Alphabet’s Google is deactivating AdSense accounts in Russia, saying on Monday that it would no longer be able…
Disney expected to announce plans for its theme parks
By Dawn Chmielewski ANAHEIM, California (Reuters) – Walt Disney is expected to announce new attractions at the company’s theme parks…
Petrobras keeps door open for potential extra dividends this year
By Fabio Teixeira and Marta Nogueira RIO DE JANEIRO (Reuters) -Brazilian state-run oil firm Petrobras will pay extraordinary dividends if…
Marathon Oil misses profit estimates on weak natural gas prices
(Reuters) – U.S. oil and gas firm Marathon Oil missed Wall Street estimates for second-quarter profit on Wednesday, hurt by…
Robinhood’s push into futures may not be easy if not free, J.P. Morgan says
By Niket Nishant and Manya Saini (Reuters) – Robinhood’s entry into futures trading this year could be met with some…
BHP mulling sale of gold, copper mines in Brazil, Bloomberg News reports
(Reuters) – BHP Group, the world’s top miner, is mulling a sale of Brazilian copper and gold assets it took…