Indeed to layoff 1,000 employees, cutting about 8 percent of its US workforce
Austin (Kusan) — Career site Indeed will lay off about 8% of its staff, or about 1,000 people. According to the letter I shared it with my employees on Monday. The layoffs will affect many groups and regions, but will not be across the board. CEO Chris Hyams said in his letter that affected jobs […]
Biden administration to increase tariffs on Chinese electric cars to 100 percent
The Biden administration plans to announce new tariffs on imports of electric vehicles and solar cells from China, two key elements of the administration’s efforts to reduce U.S. emissions, officials told reporters. Admitted. Officials on the conference call said that to offset China’s export practices, tariffs on Chinese EV imports will increase from 25% to […]
AMC Theatres Shares Soar 80 Percent After Meme Stock Investor “Roaring Kitty” Resurfaces – Hollywood Reporter
Getty Images AMC Theaters stock rose 80% on Monday after meme stock investor Roaring Kitty resurfaced online. Shares of parent company AMC Entertainment Holdings, led by CEO Adam Aron, rose $2.28 to end the day at $5.19. It’s a big jump after AMC’s stock price has plummeted since the movie giant took advantage of the […]
Gov. Kristi Noem banned ‘from 20 percent of her own state’
South Dakota Gov. Kristi Noem was expelled from two more tribes this week for saying earlier this year that tribal leaders were profiting from drug cartels, and now nearly 20% of the state’s population. entry is prohibited. The latest development in the ongoing tribal conflict comes in the wake of the backlash Noem received for […]
CNN, Other Warner Bros. Discovery Networks See Advertising Plunge 11 Percent as Viewership Plummets
Viewers continue to leave CNN and other networks owned by Warner Bros. Discovery in droves, depressing advertising revenue and creating an unstoppable freedown for the cable TV industry. Warner Bros. Discovery’s TV ad revenue fell 11% in the most recent quarter, with the Hollywood media giant missing its revenue goals. The company’s stock price fell […]
‘Fall Guy’ Launches Summer Slump, YTD Box Office Down 43 Percent
fall guy Box office sales over the weekend were well below expectations for the start of the summer movie season. As a result, box office revenue from the beginning of the year to date has decreased by 43% compared to 2019. The worst case prediction is fall guy The opening price is $30 million. In […]
Exclusive — 71 Percent Want Disney to End LGBTQ Agenda, Brand in Freefall
Polls prove that the Disney Grooming Syndicate brand is on the rise, with a pathetic 46% favorability rating. In terms of a de facto tie, 45% view Routhhaus unfavorably. This number is probably not that big for politicians. They are death to businesses. The reason is obvious. Rasmussen found that 71% want Disney to stop […]
US adds 175,000 jobs and unemployment rate rises to 3.9 percent, falling short of economist expectations
The U.S. economy added 175,000 jobs in April, and the unemployment rate rose to 3.9%, according to new Labor Department data released Friday. April’s employment report was lower than economists expected, with 240,000 new jobs and an unemployment rate of 3.8%. The latest jobs report came days after the Federal Reserve decided not to cut […]
IRS to Increase Audit Rates of Wealthy Taxpayers by 50 Percent
The Internal Revenue Service (IRS) announced a 50% increase in audit rates for wealthy taxpayers and large corporations. The IRS will reportedly use the allocated funds based on the following provisions: inflation control lawsigned into law by President Biden in 2022. “The audit rate for taxpayers with income over $10 million is expected to increase […]
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth fell below 2% in the first quarter for the first time in more than a year and a half, according to new government figures released Thursday. According to the Commerce Department’s Bureau of Economic Analysis (BEA), gross domestic product (GDP) grew at an annual rate of 1.6% in the first quarter of […]