NEW YORK Facebook parent Meta will become the latest tech firm to scale back its workforce, with plans to lay off thousands of employees this week, the Wall Street Journal reported on Sunday. An announcement was expected as soon as Wednesday, and the job cuts could impact many thousands of Meta employees, the newspaper said,
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Take a look at some of the biggest movers in the premarket: BioNTech (BNTX) – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021’s third quarter. Berkshire Hathaway (BRK.b) –
Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node throughput is limited for Bitcoin (BTC) withdrawals. In the series of tweets, the exchange also addressed stablecoin withdrawals, saying redemptions or creations might be slow until banks open
The pandemic turned us into a nation of painters. Confined within our four walls, we could not resist the temptation to contemplate a color change. We wanted drama, but we also wanted a peaceful environment; we wanted a graphic punch of color while we yearned for a soothing backdrop; mostly, we just wanted a change.
Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy
SHARM-EL-SHEIK, Egypt – Singapore launched its first pavilion at the United Nations COP27 climate conference on Sunday to showcase the Republics commitment to its climate ambitions, as well as its innovations in areas such as renewable energy and green finance. In a welcome address, Minister for Sustainability and the Environment Grace Fu said the pavilion
How much is the Powerball jackpot? People are scooping up tickets for the Monday night Powerball jackpot as the jackpot has risen to as estimated $1.9 billion. NEW YORK – The jackpot for Monday night's Powerball jackpot has jumped to an estimated $1.9 billion. The cash value of the drawing is an estimated $929.1 million
The expected indictment of Donald Trump is looming over the midterm elections as both parties are preparing for a major battle after Election Day if Attorney General Merrick Garland moves forward with an unprecedented prosecution of a former president. Republican lawmakers in both the Senate and the House are warning they will put up a
NY election nears as candidates give last push The candidates for New York governor were out trying to give their message to voters as election day nears. NEW YORK – Candidates are remaining active, making multiple campaign appearances one day ahead of the election. New York Governor Kathy Hochul was at a Manhattan subway station
The Internal Revenue Service’s Tax Exempt & Government Entities Division is making clear there will be a beefier IRS presence in the coming year, which may be both a boon and a hindrance to issuers and their attorneys. The TE/GE 2023 Program Letter wasreleased online Friday and lists the division’s priorities for the fiscal year.
St. Joseph’s University in Philadelphia will borrow $200 million in the municipal market as it implements a new operational and strategic vision sped up by this year’s merger with the nearby University of the Sciences. The tax-exempt bonds will price through conduit issuer Philadelphia Authority for Industrial Development next week, according to an online slide
FTSE 100 chief executives’ pay soared by an average of 23 per cent this year, according to research from PwC that comes during tense negotiations with rank-and-file staff. The rise to £3.9mn was driven by record bonus pay-outs, partly the effect of lower targets set during the pandemic. The new data is published as companies
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week JPMorgan executes first DeFi trade on public blockchain A cross-border
President Biden and his two predecessors stumped for their partys candidates in the key battleground state of Pennsylvania on Saturday, warning supporters that the other side poses a threat to the county. With three days until Election Day, Biden and former President Obama joined Democratic Senate nominee John Fetterman and gubernatorial nominee Josh Shapiro for
close video China, TikTok looking to use all sorts of tech for espionage, blackmail: Brendan Carr Senior Republican and FCC Commissioner Brendan Carr discusses the Chinese Communist Partys data harvesting practices for its malign goals. A former campaign spokesman for President Biden and top Pentagon official has taken a job at TikTok. It was first
Firefighters make dramatic rescue in Manhattan high-rise fire FDNY firefighters made a dramatic rescue of a woman from a Manhattan high-rise that was on fire on Saturday. (Credit: @StrepGal via Twitter) NEW YORK – More than three dozen people were injured, two critically, in a fire at a high-rise apartment building in Midtown Manhattan caused
A leading cryptocurrency saw a boost Saturday with news linked to one of the largest companies in the world. Heres what investors should know. What Happened: The price of cryptocurrency Solana SOL/USD surged ahead on Saturday on the heels of an announcement by Google Cloud, a unit of Alphabet Inc GOOG GOOGL . Google Cloud
The White House is raising eyebrows with its midterm strategy, which has President Biden largely staying out of key battleground states in favor of safer spots. Biden did make a trip to Philadelphia on Saturday to provide last-minute support to Democrat John Fetterman in his pivotal Senate battle with Republican Mehmet Oz. But Philadelphia is
A “planet killer” asteroid that is hiding in the glare of the sun has finally been detected, and the giant space rock could smash into Earth one day. The 0.9-mile-wide (1.5 kilometers) “potentially hazardous” asteroid, named 2022 AP7, is one of several large space rocks that astronomers recently discovered near the orbits of Earth and
Police are seeking the publics help to identify a suspect in armed robbery that took place at a convenience store in Cambridge on Saturday. At 7:56 p.m., police received a report of an armed robbery at the store, located in the 2300 block of Massachusetts Avenue, according to the departments Twitter account. The suspect showed