NEW YORK (AP) — Workday is cutting about 1,750 jobs, or 8.5% of its workforce. In a Wednesday memo to employees, published in a securities filing, Workday CEO Carl Eschenbach said the layoffs were necessary for ongoing growth efforts at the company — including a particular focus on ...
HONG KONG (AP) — The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong. The post office had announced Tuesday that it would no longer accept parcels from the China and Hong Kong after the U.S. imposed an additional 10% tariff ...
WASHINGTON (AP) — The website of the Chinese artificial intelligence company DeepSeek, whose chatbot became the most downloaded app in the United States, has computer code that could send some user login information to a Chinese state-owned telecommunications company that has been barred from ...
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products, from the ultra-cheap apparel sold on online shopping platforms to toys and electronic devices such as computers and cellphones. An additional 10% tariff ...
NEW YORK (AP) — Calm returned to Wall Street Tuesday, and tech stocks led U.S. indexes higher following a strong profit report from Palantir Technologies, a darling benefiting from the artificial-intelligence boom. The S&P 500 rose 0.7% a day after swinging sharply on worries that ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as reported a 6% sales slump. The New York company behind such brands as MAC, La Mer and Aveda tempered ...
