Canva is restructuring its operations in a move affecting 1,271 employees, or 22% of its workforce, as the design software company responds to slowing growth…
Companies in the private sector added 86,000 jobs in October, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 69,000 jobs and up…
Binance co-CEO Richard Teng addressed the public for the first time Tuesday following a historic cyber theft exceeding $6 billion, confirming the company is absorbing 100% of the losses with no customer balances compromised. “First of all, this should not have happened, and we apologize to our users for the…
An immediate annuity may turn part of your retirement savings into a monthly payment for life. That might be helpful if you don’t have a pension, and it could make it easier to manage withdrawals when the market drops. The catch is that you usually give up access to the…
Voters are casting their ballots in the midterm elections on Tuesday, with cost-of-living concerns in focus as Americans head to the polls. A Fox News survey conducted Oct. 9-12 found that six in 10 voters said the cost of living is their top economic concern as they looked ahead toward…
CUPERTINO, Calif. – Despite raising prices on multiple popular devices, Apple reported record September-quarter revenue and earnings per share Monday, driven by strong iPhone and Mac sales in the first earnings report under new CEO John Ternus. Revenue jumped a better-than-expected 12% from a year earlier to $114.5 billion, while…
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A group of senior creditors to JetBlue Airways has reportedly hired financial and legal advisors as the airline faces mounting financial pressure, falling bond prices and rising fuel costs that have complicated turnaround efforts. The…
