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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…

9 months ago

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

10 months ago

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…

11 months ago

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…

12 months ago

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

12 months ago

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…

12 months ago

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…

12 months ago

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…

12 months ago

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…

12 months ago

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…

12 months ago