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The U.S. Federal Reserve joined the central banks of Europe, China and elsewhere last week in cutting 2019 economic growth projections. The Fed is now calling for 2.1-percent growth this year, down from its previous projection of 2.3 percent. read more.....»»

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

The list includes 22 of 41 Bryn Mawr Trust locations. Most of the cuts came in the western suburbs, where the two banks have the most overlap......»»

Norwegian Air on Monday reported that four Swedish and Danish subsidiaries had filed for bankruptcy and said it had ended staffing contracts in Europe and the United States, putting some 4,700 jobs at risk......»»

U.S. companies announced more than 222,000 job cuts in March, a year-over-year increase of nearly 300%. The vast majority of the job losses were attributed to the outbreak of COVID-19......»»

Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic......»»

Banks need to lend to companies at zero cost to save jobs, and governments must be prepared to absorb the cost, says former European Central Bank President Mario Draghi......»»

Andrew Burton/Getty Oilfield contractors and firms are likely to cut more than one million jobs this year, a new Rystad Energy analysis reveals.  The cuts are in response to a.....»»

Shares of General Electric Co. fell Mon.....»»

Australia and Taiwan joined governments offering financial aid to airlines, while authorities in Europe rushed on Wednesday to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus puts the brake on travel......»»

European stocks failed to hold early gains Monday, as hopes that central banks across the world will deliver interest-rate cuts weren’t enough in the face of recession worries that have rattled markets......»»

European stocks snapped back on Monday, rallying on hopes that central banks across the world will deliver interest-rate cuts......»»

European stocks snapped back on Monday, rallying on hopes that central banks across the world will deliver interest-rate cuts......»»

The Columbus Dispatch cut more jobs this week as Gannett Co. reported that revenue at many of its papers fell faster last year than in the previous year. The Dispatch eliminated six positions in its newsroom, according to a crowdsourced spreadshe.....»»

Lloyds Banking Group and Virgin Money pressed ahead with hundreds of job cuts in the face of union opposition, as British banks try to keep up with customers moving online......»»

Disney+ would be available in UK for 5.99 pounds ($7.81) per month or 59.99 pounds every year, and in France, Germany, Italy, Spain, Switzerland, Ireland and Austria for 6.99 euros ($7.76) per month or 69.99 euros annually......»»

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders......»»

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders......»»

European stocks and U.S. stock futures both rallied Thursday in the first trading day of 2020. The Stoxx Europe 600 gained 0.9% in early action -- with banks, oil.....»»

Mike Blake/Michael Kovac/Lara O’Reilly/INSIDER In the past month, layoffs and cuts have hit Verizon Media, Gannett, the CBC, and Highsnobiety, bringing the total number of media layoffs, cuts, and buyouts in 2019 above 7,800, according t.....»»