(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs
Category: Business
US new home sales rebound to six-month high; rising mortgage rates a concern
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in March from February’s downwardly revised level, drawing support from a persistent
Visa results beat estimates on resilient consumer spending
By Manya Saini and Pritam Biswas (Reuters) -Visa’s second-quarter results sailed past Wall Street estimates on Tuesday, as consumers shrugged off worries of a slowing
JPMorgan CEO Dimon says US economy is booming
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the
X vows to ‘robustly challenge’ Australia order to remove stabbing posts
SYDNEY (Reuters) – Social media platform X said on Saturday it would challenge in court an order from an Australian regulator demanding the company remove
Lululemon to shutter Washington distribution center, lay off 128 employees
(Reuters) -Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100
Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
By Federico Maccioni DUBAI (Reuters) – Stablecoin Tether’s recent growth is being driven by its use as an alternative to the U.S. dollar in emerging
Google scraps minimum wage, benefits rules for suppliers and staffing firms
By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees
Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator