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Amazon tells employees to return to office five days a week

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Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday.The decision...
Bussiness

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

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Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer...
Tech

Apple shares slide as analysts highlight sluggish iPhone 16 demand

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An attendee holds two iPhone 16s as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept....
Bussiness

It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
Bussiness

Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says

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OAG's John Grant said not all airlines took a hit because of the Summer Games. Among the "winners," he singled out Ryanair, which significantly...
Bussiness

China’s retail sales and industrial data miss expectations in August

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Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — China's retail sales, industrial production and urban...
Bussiness

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production

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Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union...
Bussiness

European markets higher after ECB rate cut

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Pawel Libera | The Image Bank | Getty ImagesLONDON — European stocks were higher on Friday as investors continue to digest the European Central...
Bussiness

Boeing workers overwhelmingly reject contract, prepare to strike

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More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new...
Tech

Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer

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Phil Spencer, executive vice president at Microsoft, speaks at the company's Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in...
Bussiness

Britain labels data centers critical infrastructure to boost cyber defenses

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Data centers today are crucial computing infrastructure that power the modern-day internet.In Pictures Ltd | Andrew Aitchison | Corbis News | Getty ImagesLONDON —...
Bussiness

Tata Steel to get £500 million from UK for plant in Wales – Times of India

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MUMBAI: The UK govt will give 500 million pounds to Tata Steel to construct a greener electric furnace at the Port Talbot site in...
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