Exclusive: Eightcap cutting brokerage service to all prop trading firms – FX News Group
FNG limited…FNG has learned that retail FX and CFD broker Eightcap has informed prop trading clients that it will cease brokerage services for all prop trading firms as of the end of February. The move by Eightcap comes as Cyprus-based trading platform company MetaQuotes, developer of the popular MetaTrader family of platforms, has told several […]
Instacart cutting 250 jobs weak sales growth sends shares plunging
Instacart announced Tuesday that it plans to cut 250 jobs, or about 7% of its workforce, to focus on “promising” initiatives. But shares of Instacart, officially known as Maple Bear, fell about 10% in after-hours trading after the company missed fourth-quarter revenue estimates. The grocery delivery company joins several companies in the U.S. and Canada […]
Disney Outsourcing Some Animation to Canada amid Drastic Cost Cutting
With its reputation as an animation powerhouse in jeopardy, the Walt Disney Company outsources some of its animation work to Canada amid drastic budget cuts and layoffs in an effort to reverse the once-formidable studio’s slump. It is reported that he is doing so. Disney Animation Studios is actively producing animation. IwajuAccording to , the […]
Denver cutting $5M from public services to pay for migrant crisis
The city of Denver is cutting $5 million from public services used by its residents to cover the skyrocketing costs of illegal immigration, and the mayor is shifting the blame to Republicans and former President Donald Trump. Mayor Mike Johnston (D) on Friday said he would shorten recreation center hours, end in-person vehicle registration renewals […]
Maryland suspect charged for cutting officer with knife during robbery at Safeway
A Maryland man has been arrested for allegedly slashing a loss prevention worker with a knife as he tried to steal items from a Safeway grocery store. William Fernando Calix, 31, was charged with theft and first-degree assault and released on $10,000 unsecured personal bail. Christian Alexander Gonzalez, 18, was charged with theft in connection […]
Venezuela’s Maduro Brands Opposition ‘Terrorists’ After Cutting Deal with Biden to Allow Elections
Venezuela’s socialist dictator Nicolas Maduro on Wednesday accused Venezuela’s “opposition” of “terrorists and extremists” operating “outside the constitution and the law.” President Maduro’s condemnation was aimed specifically at the Unity Platform, the latest version of Venezuela’s “opposition” coalition, which the socialist government met in Barbados last year for negotiations and which it said would be […]
CJ Stroud responds to NBC cutting his religious remarks
NFL quarterback CJ Stroud responded to a question on NBC Sports about his edited faith-based remarks after winning a playoff game. The sports network removed Stroud’s comment praising God after the win over the Cleveland Browns and posted an edited version of the interview on its social media channels. “First and foremost, I want to […]
Not just NYCB: Japanese bank issues warning on U.S. offices, cutting some Chicago loans by 63%. – MarketWatch
The Japanese bank has slashed the value of some of its U.S. office loans by more than 50% following a profit warning from New York Community Bancorp that was at least partly due to a deterioration in the office loan market. Aozora Bank Stock 8304, -21.49% The company fell 21%, making it the worst performer […]
White House keeps mum over cutting off Iran oil money: ‘Nothing to share’
White House press secretary Karine Jean-Pierre and NSC strategic communications coordinator John Kirby speak to the press. source
UPS Cutting 12K Jobs, Citing Higher Costs
United Parcel Service (UPS) employees walk a “picket line practice” ahead of a possible UPS strike in Queens, New York, July 7, 2023. The Teamsters union, which represents more than 300,000 UPS drivers and warehouse workers, announced on July 5 that UPS workers have until the end of July to strike after labor negotiations with […]