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Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are
Roku to Cut 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
Employers Cut Off Access to Weight-Loss Drugs for Workers
Costs are mounting for popular drugs such as Wegovy, a cousin of Ozempic, and healthcare plans are restricting coverage to save money. Source link
Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims
Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids. Source link
Biogen to Cut Roughly 11% of Workforce
The biotech cited the launch of Alzheimer’s drug Leqembi as part of its new focus on big-return products. Source link
Australia telco giant Telstra to cut nearly 500 jobs By Reuters
© Reuters. FILE PHOTO: A pedestrian walks past a Telstra logo adorning a phone booth in the central business district (CBD) of Sydney in Australia,
Bank Indonesia rates on hold for rest of year, cut in Q1 2024
© Reuters. FILE PHOTO: Bank Indonesia’s logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, September 2, 2020. REUTERS/Ajeng Dinar Ulfiana/File Photo By Veronica
Two Polish central bankers say rate cut could come this year By Reuters
© Reuters. FILE PHOTO: Poland’s central bank governor-designate Adam Glapinski speaks during a hearing at a parliamentary panel at the Parliament in Warsaw, Poland May
Student-Loan Borrowers Brace for a Pay Cut
Listen to article (2 minutes) Tens of millions of federal student-loan borrowers will soon owe monthly payments for the first time in more than three
Alcoa stock gets 3rd rating cut in a month on soft aluminum forecasts By Investing.com
© Reuters. Alcoa (AA) stock gets 3rd rating cut in a month on soft aluminum forecasts Alcoa (NYSE:) stock received a downgrade today at JPMorgan