Harris to lay out economic plan in campaign speech and more top headlines
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Paramount Global to lay off 15% of its US staff
Mario Gabelli, chairman and CEO of Gamco Investors, talks sports investing and the surge in small-cap stocks on “The Claman Countdown.” Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said Thursday. The media company revealed plans for job cuts while reporting second-quarter earnings. For more information on FOX Business, click […]
Intel Announces Dismal Financial Results, Will Lay Off 15,000 Workers
Intel, the world’s largest chipmaker, has announced a massive $10 billion cost-cutting plan that includes cutting more than 15,000 jobs, or about 15% of its global workforce, while the administration plans to spend $8.5 billion as part of the CHIPS Act, which aims to create high-tech jobs. The Verge Reports Intel CEO Pat Gelsinger announced […]
Jake Paul tells Conor McGregor to ‘lay off the cocaine’
Ahead of his next boxing match, Jake Paul has been exchanging harsh words outside the ring. During a press conference on Thursday ahead of his bout with former UFC fighter Mike Perry, Paul criticized star fighter Conor McGregor. “Conor McGregor can say what he wants, but he’s not going to fight me,” Paul joked. “If […]
Warner Bros. Discovery to lay off nearly 1,000 staffers amid calls from analyst to ‘explore stategic options’
Warner Bros. Discovery is reportedly cutting 1,000 jobs as it faces calls to sell assets including CNN, which has struggled in the ratings. The layoffs, which began earlier this month, affect the finance, business and production divisions, as well as streaming provider Max, the entertainment news site reported. deadline. The cuts come at a turbulent […]
Feds Prepare To Lay Charges Against Those Allegedly Responsible For Matthew Perry’s Death
The DEA is focusing on suspects in the death of Matthew Perry and is preparing to file charges. Federal investigators are investigating the untimely death of “Friends” actor Matthew Perry on Oct. 28, 2023, and are conducting searches and interviews. TMZA source familiar with the situation said they are “confident” there is enough evidence to […]
Intuit to Lay Off 10% of Workforce
Intuit, the financial software giant behind QuickBooks and TurboTax, said it plans to lay off about 1,800 employees, or 10% of its global workforce, as part of a strategic shift to focus on AI and other priorities. luck Reports Intuit CEO Sasan Gudarji announced a major restructuring of the company’s workforce that will affect 1,800 […]
CNN CEO Mark Thompson to lay off 100 employees as he discloses turnaround plans
CNN Chief Executive Mark Thompson decided on Wednesday to cut 100 jobs, his first major layoffs since taking charge of the struggling cable network. Thompson, who has mostly tweaked the morning programming since taking over the reins from Chris Licht in October, has sought to lay out a new vision for the No. 3 network. […]
Mets lay out game plan to get Christian Scott to finish line
Despite the Mets having strict innings limits on pitcher Christian Scott this season, Scott does not have a strict innings limit, manager David Stearns said. There is no set amount the team is allocating for the rookie right-hander. But the team has done everything it can to ensure his future health, including removing him after […]
Biden Critics Inside Democrat Party Lay Down Their Arms: ‘It’s Over’
Democrats critics of President Joe Biden are privately lamenting that the “dam has stopped” over calls for him to step down as the party’s 2024 presidential candidate. “Very few members would openly support Biden leaving office,” a House Democrat said. Said Axios. “As someone who was hoping for a resolution and is disappointed that it’s […]