What you need to know
A nurse prepares doses of the Pfizer vaccine during a COVID-19 vaccination event at Josephine’s Southern Cooking in Chatham, Illinois, Dec. 30, 2021. Brian Cassella | Tribune News Service | Getty Images A new round of Covid vaccines is finally here in the U.S. The Centers for Disease Control and Prevention cleared single-strain shots from […]
KKR to buy 20% stake in Singtel’s data-center business
Private-equity firm KKR has agreed to buy a 20% stake in the regional data-center business of Singapore Telecommunications for 1.1 billion Singapore dollars (US$800.0 million). The telecom company said Monday that the investment to be made by a fund managed by KKR puts the enterprise value of Singtel’s overall regional data-center business at S$5.5 billion. […]
Retailers are losing $100 billion a year from fraud: Riskified
Oscar Wong | Getty Images For the last three years, Robert has used a different email address to take advantage of a Black Friday Hulu promotion that most recently offered new customers a yearlong subscription for just $1.99 a month instead of the usual $7.99 monthly cost. The social media manager has used similar tricks […]
Cisco to cut 350 jobs in latest round of layoffs
Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month, in the tech giant’s latest round of job cuts. According to a filing with California’s Employment Development Department last week, Cisco CSCO, -0.59% will lay off 227 people in San Jose, and another 123 in nearby Milpitas, Calif., effective Oct. 16.
Delta joins other airlines in cutting profit estimates on higher costs
Delta Air Lines airplanes at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta on Thursday joined other carriers in trimming its profit estimates as costs rise. The airline said it expects to report adjusted per-share earnings of between $1.85 and […]
Delta joins other airlines in cutting profit estimates on higher costs
Delta Air Lines airplanes at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta on Thursday joined other carriers in trimming its profit estimates as costs rise. The airline said it expects to report adjusted per-share earnings of between $1.85 and […]
Hollywood pays steep price for not figuring out streaming
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly five months, as the industry’s writers and actors rally for […]
Hollywood pays steep price for not figuring out streaming
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly five months, as the industry’s writers and actors rally for […]
UAW strike sets the stage for 4-day work week — a win could take it mainstream
Striking United Auto Workers want better wages, improved job security, retiree pay increases, and a 32-hour work week that could turbocharge broader acceptance of shorter work weeks. Right now, nearly 13,000 UAW workers have walked off the job at Ford Motor Co. F, -0.08%, General Motors Co. GM, +0.86% and Jeep and Chrysler parent Stellantis […]
Disney asset sales will move media industry forward
Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Usually when a person or company sells something, the primary motivation is getting back as much money as possible. […]
