Ron Klain, Biden’s White House chief of staff, is reportedly expected to step down
White House Chief of Staff Ron Klain is preparing to step down from the Biden administration in the coming weeks, The New York Times reported.
Elon Musk defends his old tweets in securities fraud trial in San Francisco
Tesla CEO Elon Musk was in court on Friday defending past tweets about a deal that never materialized to take the company private.
Twitter is down to fewer than 550 full-time engineers
Before Musk led a $44 billion leveraged buyout of Twitter last year, Twitter’s headcount stood at about 7,500 employees.
Watch the Federal Reserve’s Waller speak live on the economy and interest rates
Fed Governor Christopher Waller speaks Friday at 1 p.m. ET before the Council on Foreign Relations.
Amazon’s drone delivery unit hit with layoffs just as 10-year-old project finally launches
A decade ago, Jeff Bezos touted Amazon’s future in drone delivery, but the program has been beset with challenges and now faces job cuts.
Ron Insana says the solution to the inflation problem is more workers
Labor markets are not tight because of an overheating economy but, instead, because of a shortage of people to fill the labor force.
Despite a wave of layoff announcements, it’s still a good time to get a job, career experts say
The overall job market remains strong, which makes this a good time to look for a new position. Here are a few key considerations before kicking off a search.
GM to invest $918 million in new V-8 gas engines and EV components
About $579 million will go toward GM’s sixth-generation family of small-block V-8 gas engines that are used in highly profitable vehicles.
Opinion: The solution to the U.S. debt disaster is a value-added tax
The sad truth is that this Goldilocks period of financing our unrestrained debt is likely over.
How robots are helping address the fast-food labor shortage
Struggling to find workers and eager to relieve staff from boring, repetitive tasks, fast-food restaurant chains are adding robots to their kitchens.
