News of New York

Disney's international operations at risk as company pushes for cost-cutting measures
4 April 2023
3775
Disney to cut jobs and costs internationally According to inside and outside sources, Disney is expected to make redundancies and budget cuts soon, with plans currently being finalized. Disney+ employs around 5,000 people globally, with 40% based i...
Jury finds Theranos founder guilty of defrauding investors
4 January 2022
4487
Scamming Theranos for investors A jury in San Jose, on Monday convicted Elizabeth Anne Holmes, businesswoman, founder and CEO of biotechnology company Theranos, of defrauding investors, accordin...
Number of new jobs in the US in September well below expectations
9 October 2021
4020
US jobs below expectations The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t...
Dollar falls below yearly high amid approaching payroll test
6 October 2021
3416
The value of the dollar fell The US dollar fell below yearly highs against major peers on Tuesday as traders waited for key US jobs data later in the week for clues on the timing of the Federal Reserve's stimulus cuts and the start of interest rate ...
Stock futures fall ahead of ADP jobs report
6 October 2021
3697
Stocks fall ahead of jobs report US stock futures fell sharply on Wednesday morning as investors awaited the latest labour market assessment. Dow Jones Industrial Average futures fell 350 points, or 1.02%, while S&P 500 and Nasdaq 100 futures f...
Companies are actively recruiting as labor shortages continue
22 September 2021
3846
Employee shortage Large corporations from Amazon to UPS have announced hiring in recent weeks a welcome sign for the labour market and the economy as a whole US employers added just 235,000 jobs in August, a surprisingly weak gain after two months o...
U.S. new jobs report in February
6 March 2021
3635
New report The Labor Ministry's report of 379,000 new jobs added outside agriculture beat economists' forecast of 182,000. This is more than double the number added in January. Stock indices rose. Major US stock indices rose before the opening of t...
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