Amazon discontinues charity donation program amid cost cuts
Amazon is axing the program as CEO Andy Jassy undergoes a sweeping review of the company’s costs.
Disney slams Peltz for lack of media experience, but its board is light on it, too
Disney’s board is almost entirely made up of executives who lack media and entertainment experience.
Americans see Biden’s handling of classified docs as inappropriate — but not criminal, poll shows
Americans viewed former President Donald Trump’s handling of classified documents differently than President Joe Biden’s situation, Quinnipiac polls showed.
Read the memos Amazon execs sent to employees about job cuts
Amazon’s HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs.
Markets fully price in quarter-point interest rate hike in February as inflation slows
Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point hike at the Federal Reserve’s two-day meeting that concludes Feb. 1.
Amazon cited by Labor Department for exposing warehouse workers to safety hazards
Federal officials found Amazon workers at the facilities were exposed to “ergonomic hazards” such as lower back injuries.
Rep. George Santos denies taking money from GoFundMe for disabled veteran’s dying dog
Santos, who was already facing bipartisan calls for his resignation, reportedly denied the reporting as “Fake.”
Federal Reserve Chairman Jerome Powell tests positive for Covid
Powell is experiencing “mild symptoms,” according to the announcement.
Amazon set to begin new round of layoffs affecting more than 18,000 people
Earlier this month, CEO Andy Jassy said in a memo the company was looking to eliminate as many as 18,000 roles.
Microsoft is laying off 10,000 employees
Microsoft said it’s letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.
