Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming – Yahoo Finance
Struggling New York Community Bancorp said Friday it will cut 700 jobs at its Flagstar subsidiary as it seeks to return to profitability following an investor bailout earlier this year. The bank said the job cuts represent 8% of its headcount, with a further 1,200 job cuts to be implemented after the sale of other […]
McDonald’s Fries Supplier to Shut Down Washington Plant, Lay Off 375 Workers as Fast Food Prices Soar
North America's largest french fry maker will close its Washington factory and lay off hundreds of workers, company officials announced in a recent earnings call. In an Oct. 1 article, Tom Warner, president and CEO of Lamb Weston Holdings, cited “sluggish” restaurant traffic and demand for frozen fries. press release Provides details of business failures […]
Families lay wreaths to mark 25 years since Ladbroke Grove rail crash | Train crashes
On the 25th anniversary of the disaster that killed 31 people, the families of the Ladbroke Grove train disaster have laid out flowers to remember the victims and honor those who came to their aid. The accident was one of the most devastating railway accidents in recent UK history, with over 220 people injured. Shortly […]
CVS to lay off nearly 3,000 employees
Woonsocket, Rhode Island (WPRI) — CVS Health plans to lay off about 3,000 employees nationwide, a company spokesperson confirmed Monday. CVS spokesperson Mike DeAngelis said in a statement to Nexstar's WPRI that the pharmacy giant is cutting 2,900 jobs due to “ongoing disruption, regulatory pressures, and evolving consumer needs and expectations.” Ta. “It is important […]
ESPN’s decision to lay off Zach Lowe is a slap in the face to NBA fans
Zach Lowe has a strong case to be the best sportswriter in America right now. of course, sports writer Lowe's role at ESPN over the past few years is only partially explained. He's a staple on TV as a panelist on NBA Today and host of the best podcasts covering the league. low post. In […]
Trump to lay out his plan for drawing foreign companies to the US
America is open for business. Former President Donald Trump is expected to say this during a campaign speech in Georgia later Tuesday, in which he will offer foreign companies a “deal” they can't refuse to do business in the United States. During his speech in Savannah, the 45th President would offer companies that manufacture in […]
Video shows where Trump assassination suspect lay in wait outside golf course
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Amazon to Close West Sacramento Warehouse, Lay Off 160 Employees
Amazon is closing one of its grocery fulfillment centers in West Sacramento, California, resulting in the layoffs of about 160 employees. The facility is scheduled to close Oct. 30, according to a notice filed with the state Employment Development Department. Obtained by Sacramento Bee. Five Amazon managers and 154 employees will reportedly be affected by […]
Johnny Gaudreau fans lay flowers at site of NJ accident
A makeshift memorial was erected Friday on the side of a road in Salem County, New Jersey, where Blue Jackets winger Johnny Gaudreau and his brother Matthew were tragically killed Thursday night. Mourners laid bouquets at the intersection of Pennsville Auburn Road and Stumpy Lane in Pendricktown for the brother and sister who were struck […]
Sullivan expected to lay groundwork for Biden-Xi meeting during China trip
White House national security adviser Jake Sullivan is visiting China next week to discuss key global issues and aim to set up new meetings between Biden and Chinese President Xi Jinping. Sullivan will be in Beijing from Tuesday to Thursday next week, becoming the first national security adviser to visit China since 2016, according to […]