CNN eyes 200 job cuts, streaming overhaul – The Business Times
[ad_1] US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and...
EV maker Nikola explores sale, partnerships with cash dwindling – The Business Times
[ad_1] NIKOLA is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to sources familiar with the matter.Other possibilities under consideration...
Texas Instruments forecast signals chip slump is persisting – The Business Times
[ad_1] TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand and higher costs tied to a factory expansion.Profit will be...
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5% – The Business Times
[ad_1] BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on Thursday, due to charges at its defence unit, lower jetliner...
Larger S-Reits rank among those with highest net retail inflows in 2024
[ad_1] RETAIL investors have been net buyers of Singapore real estate investment trusts (S-Reits) in 2024 amid volatile performance for the sector during the year.These investors bought some S$1.6 billion...
Smart business? Currying favor? Why big tech leaders are friending and funding Trump
[ad_1] Four years ago, several of California’s most influential tech titans determined that then-President Trump was such a threat to democracy they barred him from posting on their social media...
Column: For Angelenos suffering fire fatigue, ace water drop videos are sweet revenge
[ad_1] Look, up in the sky. It’s a bird, it’s a plane, it’s a Super Scooper water drop!The most memorable battle scenes exist in the pivot — the moment when...
JPMorgan asks staff to return to office five days a week, prompting complaints 
[ad_1] US BANK JPMorgan Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal...
Supreme Court casts doubt on TikTok’s free-speech defense as shutdown law is set to take effect
[ad_1] WASHINGTON —  The Supreme Court justices sounded highly skeptical Friday of TikTok’s free-speech defense, signaling they are not likely to strike down the law that could shut down the popular...
Big media pulls plug on Venu sports streaming service before launch
[ad_1] WALT Disney, Fox and Warner Bros Discovery on Friday (Jan 10) abandoned plans to launch Venu Sports, their live sports joint venture, pulling the plug on a much-heralded effort...
US: Wall St opens lower after hot payrolls data stokes rate cut worries
[ad_1] WALL Street’s main indexes opened lower on Friday (Jan 10) after a better-than-expected jobs report fanned expectations that the Federal Reserve will take a measured approach to monetary policy...
How the Fed will help Singapore Reits outshine banks
[ad_1] SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell signalling the start...