Business
WeWork has ‘substantial doubt’ it can stay in business
WeWork said there’s “substantial doubt” about its ability to continue operating, citing sustained losses and canceled memberships to its office...
UPS driver pay and benefits deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike. Credit: Source...
New York judge halts recreational marijuana licenses
A New York judge has temporarily blocked the state from issuing retail marijuana licenses after a lawsuit from four veterans...
Italian banks hit with surprise windfall tax
The potential one-off tax on the profits banks earn from higher interest rates has seen shares plummet. Credit: Source link
Crypto heavyweights back new cybersecurity standards after nearly $4 billion was lost to hacks in 2022
Amid the crypto industry’s myriad obstacles, hacks still rank at the top of the list. Despite the bear market, last...
Zoom denies training AI on calls without consent
Smita Hashim, Zoom's chief product officer, said that account owners and administrators could choose if they want to turn on...
Simon & Schuster bought by KKR for $1.6 billion
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase...
China exports see biggest drop for three years
China's coronavirus restrictions were some of the most stringent in the world. A full lockdown was imposed for two full...
Cost of living: Beyond Meat hit as shoppers shift to cheaper animal protein
The firm's sales fell 30.5% as the rising cost of living pushed shoppers to buy cheaper animal protein. Credit: Source...
The housing market’s seller strike is so ruthless that only 7 of the nation’s 200 largest markets are back to pre-pandemic inventory levels
The surge in housing demand in 2020 and 2021 was so substantial that Federal Reserve researchers estimate that housing supply...
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