Wednesday, December 18, 2024
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Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK -- Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion...

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

TOKYO -- TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory...

Migrants not taking jobs from Black, Hispanic people, data shows

WASHINGTON -- Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected — a promise...

China is raising its retirement age, now among the youngest in the world’s major economies

BEIJING -- Starting next year, China will raise its retirement age for workers, which is now among the youngest in the world's major economies,...

US job openings fall as demand for workers weakens

WASHINGTON -- America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in...

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its...

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around...

U.S. employers likely added 175,000 jobs in July as labor market cools gradually

WASHINGTON -- The U.S. job market isn’t sizzling hot anymore. Companies aren’t hiring the way they were a year or two ago. But they...

Massachusetts businesses with at least 24 employees must disclose salary range for new jobs

BOSTON -- Massachusetts businesses with more than 25 employees must disclose salary ranges when posting jobs, under a new bill signed into law Wednesday...

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...

This week: Federal Reserve meeting, Boeing earnings, Labor Department issues July jobs report

FED MEETSOn Wednesday, the Federal Reserve wraps ups its two-day policy meeting.Few expect the U.S. central bank to lower interest rates this time around,...

Is the US job market beginning to weaken? Friday’s employment report may provide hints

WASHINGTON -- Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation...

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