Amgen shares are up 1.4% to $148.23 following the jury verdict. Trading in Regeneron was halted with shares at $376.70. Adam Feuerstein writes regularly for TheStreet.
White-collar workers have taken the brunt of layoffs and job cuts. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele Morgan General Motors Co. cut several ...
Disney is questioning the continued value of Web3. The company is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a “streamlined ...
Rooms To Go has closed a distribution facility in northwest Charlotte, laying off 88 people who worked there. The location at 2730 Queen City Drive, off Interstate 85, is closing because the ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
On Friday afternoon, word began to circulate that NFL Network was laying off a significant number of employees. Ultimately, the actual number of affected jobs is unclear — and the characterizat ...
Stack Overflow, a question-and-answer portal for developers, will lay off 10% of its workforce, the company announced on Thursday. The job cuts, which will affect at least 58 employees ...
He said, “It’s all about setting ourselves up for higher growth.” The 600 employees laid off represent 8% of the workforce, and Unity will have a staff of around 7,000 in the aftermath.
OTTOWA, Canada – B2B e-commerce platform Shopify has laid off 20% of its workforce – more than 2,000 employees – and sold its logistics business to Flexport for 13% in stock. The news comes less than ...
As a result of that change, 20% of Shopify’s staff are being laid off, effective immediately. Harish Abbott, co-founder and CEO of Deliverr, will lead the transition of Shopify’s logistics ...
Toss a coin for the developers of The Witcher spin-off project, as many of them have unfortunately lost their jobs. In a tragic move for the developers working at The Molasses Flood, 29 employees ...
