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X Sign Removed From Former Twitter HQ
The X sign, erected Friday atop the building in downtown San Francisco, was removed after complaints from residents and a city citation. Source link
CVS to Shed 5,000 Jobs in Cost-Cutting Push
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link
How the U.S. Economy Is Sticking the Soft Landing
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Bud Light Brewer Lays Off Hundreds of U.S. Workers
Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link
Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal
Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Source link
Binance Lays Off Over 1,000 Employees
The giant crypto exchange, is cutting a big chunk of its workforce as it grapples with federal investigations and regulatory crackdowns in the U.S. and
Amazon's Prime Day to Test Consumer Demand
The indicator of shopping patterns arrives this year after a period of slow sales for the company and concerns about the economy. Source link
Binance Unravels as Executives Flee and Layoffs Proliferate
The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs Source link
Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter
Amazon.com faced one of its “harder macroeconomic years in recent memory,” Chief Executive Andy Jassy said in a letter to shareholders. Source link