Amazon confirms more than 18,000 layoffs, far more than originally expected
admin Amazon.com Inc.’s AMZN, -0.79% layoffs will affect more than 18,000 employees, the highest reduction tally…
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As EU works to coordinate response to China’s COVID wave, Beijing and airlines are unhappy
European Union officials were working Wednesday to coordinate a response to China’s current surge of…
Read MoreTesla stock wipes out three day bounce, hits lowest price in more than 2 years
It has taken just one day for Tesla Inc.’s stock to erase the entire bounce…
Read MoreCOVID-related ICU patients rise to 5-month high above 5,000—are new cases really falling?
While many have been focused on the apparent explosion of COVID cases in China, and…
Read MoreThese 20 stocks were the biggest losers of 2022
This has been the year of reckoning for Big Tech stocks — even those of…
Read MoreU.S. jobless claims move higher in latest week
The numbers: Initial jobless claims rose by 9,000 to 225,000 in the week ended December…
Read MoreChina turns a corner on COVID as it lifts quarantines for foreigners
China has turned a corner in its zero-Covid policy, lifting quarantines for foreign travelers from…
Read MoreHome price growth falls in October, as market feels effect of high mortgage rates
The numbers: The S&P CoreLogic Case-Shiller 20-city house price index rise fell 0.5% in October,…
Read MoreEat, drink and be merry: Here’s where shoppers have been spending the most money this holiday season
Restaurants are set to become the biggest winners of a holiday season that could turn…
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Online holiday sales top $210 billion, beating expectations
Online shoppers spent more than $200 billion for the holidays for the second-straight year, breaking…
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