Qualcomm initiates layoffs amid falling chip sales and economic uncertainty
In response to a challenging economic climate and dwindling demand, Qualcomm (NASDAQ:QCOM) has initiated a strategic restructuring plan that includes…
Boeing, Spirit expand inspections for 737 MAX production defect
(Reuters) – Boeing and Spirit AeroSystems (NYSE:SPR) have expanded the scope of their ongoing inspections of a production defect affecting…
California AG says he may sue to stop Kroger from buying Albertsons
(Reuters) – California Attorney General Rob Bonta said on Thursday that his office was concerned about Kroger (NYSE:KR)’s proposed deal…
e-CNY pilot expands to 26 locations, eyes cross-border transactions
China’s central bank digital currency (CBDC), known as e-CNY, has expanded its pilot to 26 locations, a move that has…
Israeli army to confront resilient foe in anticipated Gaza invasion
(Reuters) – An Israeli invasion of Gaza will face an enemy that has built a formidable armoury with Iran’s help,…
Zaggle shares surge 51% on $20M Visa contract
In a recent turn of events, fintech firm Zaggle Prepaid Ocean Services’ share value has risen by 51% following a…
Dollar General shares rise 8% on return of old CEO; earns analyst upgrade to Buy
Dollar General said it had appointed former Chief Executive Officer Todd Vasos as CEO of the company. Dollar General Corporation…
Ford says it is ‘at the limit’ with UAW contract offer
(Reuters) – A senior Ford (NYSE:F) executive said Thursday the automaker is “at the limit” of what it can spend…
Country Garden founding family provides $300 million loan, selling jet – report
(Reuters) – The founding family of Country Garden recently loaned the embattled Chinese property developer $300 million interest free, and…
Pakistan set to meet some key targets set by IMF – central bank chief
(Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with…