Stripe lays off 14% of workers
Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday.
Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower
The cost of labor rose less than expected, but low productivity helped keep pressure on inflation in the third quarter.
Qualcomm shares fall on weak first-quarter outlook
In notes to clients after the report, several analysts seemed to agree that Qualcomm would make it to the other side of the headwinds in a solid position.
Fidelity is the latest employer to offer free college education to workers
More employers, including Fidelity, Citi and PNC, are expanding their benefit offerings with free college programs to attract and retain workers.
Gmail has a cool new feature that shows when a package is arriving
Google recently announced a new feature in Gmail that lets you easily track packages for things you’ve ordered.
Moderna shares fall after Covid vaccine maker lowers 2022 sales outlook
Moderna also missed revenue and earnings expectations for the quarter.
Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
Restaurant Brands reported quarterly earnings that beat analysts’ expectations, fueled by sales growth at Burger King and Tim Hortons.
Pilot contract negotiations with airlines turn sour
Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs.
Want to live in a van down by the river? Ford has a new vehicle for that
Ford wants to cash-in on the boom in sales of recreational trailers and vehicles, or RVs, during the coronavirus pandemic with the 2023 Transit Trail Van.
Etsy shares pop on revenue beat, rosy guidance
Etsy posted better-than-expected sales for the third quarter, and gave a rosy forecast for the current quarter.
