How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
Similar Posts
Levi’s to slash its global workforce by up to 15% as part of a 2-year restructuring plan
NEW YORK — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed about 19,100 people as of the end…
Vince McMahon sex assault accuser Janel Grant speaks out
The former WWE employee who allegedly was sexually abused by Vince McMahon broke her silence Friday, saying she “hopes any doors of secrecy have been blown off their hinges.” Janel Grant claimed the wrestling mogul coerced her into having sex with wrestling stars and other WWE executives, along with more lurid allegations that including McMahon…
Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass
Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business. Levi attributed the weak forecast to plans to exit its Denizen brand and cut back on off-price sales,…
Worries in Europe Over the White House Move to Delay Gas Terminals
The Biden administration’s decision to delay approval of new liquefied natural gas terminals in the United States has been hailed as a major victory for environmental advocacy groups, but it is creating unease outside the United States about future energy supplies. “I think U.S. allies and trade partners will have some concerns about this, because…
China's central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy
China’s central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy
George Carlin’s Estate Sues Podcasters Over A.I. Episode
The estate of the comedian George Carlin sued the makers of a podcast on Thursday after they claimed to use artificial intelligence to impersonate Carlin for a comedy special. The lawsuit was filed against Will Sasso and Chad Kultgen, hosts of the podcast “Dudesy,” saying that they infringed on the estate’s copyrights by training an…