Roomba maker iRobot to lay off about 7% of its workforce
The cuts come on top of a separate round of layoffs iRobot announced last year.
Amazon’s Zoox robotaxi now giving rides to employees on public roads in California
For now, the tests are limited to employees at Zoox’s Foster City, California, headquarters.
Gilman Hill’s Jenny Harrington buys Skyworks Solutions, says chip stock is a ‘compelling technology investment’
The Gilman Hill Asset Management CEO said she bought the chip stock after Skyworks’ most recent earnings call last week.
Ford to move forward with $3.5 billion EV battery plant with Chinese company
Ford will own the new facility through a wholly owned subsidiary instead of operating it as a joint venture, which Ford has done with non-China partners.
Twilio to lay off about 1,500 employees, or 17% of its workforce
Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce.
Bank of America upgrades Ralph Lauren, says apparel stock will differentiate itself in a promotional environment
Ralph Lauren shares have gained about 12% to start off 2023, but the firm expects shares to rise another 20%.
This is the best strategy to pay down credit card debt — but 37% of borrowers don’t know about it
Moving a balance from a high-rate credit card to one with a no-interest offer can save thousands.
JPMorgan says Disney can surge 20% this year as streaming losses ease
The resumption of coverage follows Disney’s better-than-expected fiscal first quarter results and CEO Bob Iger’s restructuring plan.
Here’s where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.
