Wayfair to cut 1,650 jobs a month after CEO says employees should be ‘working long hours’
Wayfair is cutting about 13% of its global workforce, affecting approximately 1,650 employees, the company announced Friday. The e-commerce home...
Economy
Ship traffic to resume in Turkey’s Bosphorus Strait after suspension
ISTANBUL (Reuters) -Ship traffic in Turkey's Bosphorus Strait is set to resume for northbound vessels as of 1700 GMT on...
Existing home sales tumbled to lowest level since 1995 last year
U.S. existing home sales retreated in December after rising the previous month, closing out the worst year for the housing...
Ukraine-aid cutoff would ‘kneecap’ Kyiv as it fights Russia, White House says. Here’s what Biden wants now.
The Russia-Ukraine war is approaching its second anniversary, and the ultimate cost of the conflict has been borne by innocent...
Deadly winter weather keeps icy grip across much of the US
By Steve Gorman (Reuters) - Winter storms and biting cold that have gripped much of the United States in recent...
San Francisco’s largest mall loses more retailers as exodus continues
Tenants continue to flee San Francisco’s largest mall, the beleaguered Westfield San Francisco Centre, with another string of retailers announcing...
Biden can win swing districts by cracking down on ‘corporate price gouging,’ new poll says: exclusive
Prices are stabilizing and unemployment is low, but Democrats are despairing that a booming economy hasn’t improved voters’ opinions of...
SolarEdge to lay off 16% of workforce to trim operating costs
(Reuters) -SolarEdge Technologies said on Sunday it would lay off about 16% of its global workforce in an attempt to...
Fed’s Daly warns it would be ‘premature’ to think rate cuts are around the corner
San Francisco Federal Reserve President Mary Daly on Friday pumped the brakes on Wall Street's aggressive interest rate cut bets. ...
Nikki Haley has ‘all of the momentum’ ahead of tonight’s Republican debate but faces uphill battle to topple Trump
As the Republican presidential primary’s fourth debate approaches, Nikki Haley looks like she’s winning the battle to become the main...
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