Corporate America lays off thousands as recession worries mount

Dec 6 (Reuters/GNA) – U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by shrinking their employee base…

Southgate relishes England’s quarter-final ‘acid test’ against France 

London, Dec. 5, (PA Media/dpa/GNA) - Gareth Southgate is relishing England’s “acid test” against reigning champions France in Saturday’s blockbuster World Cup quarter-final clash.  Having topped Group B…

Biden emphasizes shared fight with France against Russian ‘brutality’

Washington, Dec. 2, (dpa/GNA) - US President Joe Biden emphasized the need to form a common front against Russia during French President Emmanuel Macron’s visit at the…

U.S. Justice Dept. names war crimes expert as special counsel for Trump probes

Washington, Nov 19 (Reuters/GNA) – U.S. Attorney General Merrick Garland on Friday named Jack Smith, a war crimes prosecutor, to serve as special counsel…

Pelosi announces she will not run for leadership post after GOP wins House

Washington, Nov 17 (CNN/GNA) – House Speaker Nancy Pelosi says she will not run for a leadership post, a move that marks the end of…

Amazon’s Jeff Bezos promises to give away most of his wealth

Seattle, Nov. 15, (dpa/GNA) - Amazon founder Jeff Bezos has promised to give away most of his wealth during his lifetime.  Bezos, currently the world’s fourth richest…

Three members of University of Virginia football team slain in shooting, suspect in custody

Nov 14 (Reuters/GNA) – A suspect in a shooting at the University of Virginia that left three members of the University of Virginia football…

Biden says ‘red lines’ would be discussed in meeting with China’s Xi 

Washington, Nov. 10, (dpa/GNA) - US President Joe Biden on Wednesday said that he would want to discuss “red lines” in a potential meeting with Chinese President…

Adidas to continue selling shoes designed with Kanye, no Yeezy brand 

Los Angeles, Nov. 10, (PA Media/dpa/GNA) - Adidas says it plans to continue releasing shoes designed in collaboration with Kanye West without the Yeezy brand, after terminating its…

Twitter’s new verification model brings rise in fake accounts 

Washington, Nov. 10, (dpa/GNA) - Numerous Twitter users have seized the moment to create fake celebrity accounts after the social media platform introduced a new verification system…

Meta cuts 11,000 jobs as it sinks more money into the metaverse

Nov 9 (Reuters/GNA) – Meta Platforms Inc said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook…

Apple warns customers to expect delays of some iPhones

Washington, Nov 7, (dpa/GNA) – Apple has warned customers to expect delays on iPhone shipments, due to Covid-19 restrictions at a manufacturing factory in…

US stocks fail to hold early gains, close weak ahead of Fed 

Washington, Nov. 2, (dpa-AFX/GNA) - U.S. stocks fell into the red after a positive start on Tuesday, and then stayed weak right till the end of the…

Airbnb stocks fall despite reporting biggest quarter ever 

New York, Nov. 2, (dpa/GNA) - Vacation rental company Airbnb reported its “biggest and most profitable quarter” on Tuesday, but warned demand for bookings is forecast to…

Profit down at US media giant Fox Corp but revenue up 

Washington, Nov. 2, (dpa/GNA) - Profit decreased at US media giant Fox Corporation in its first quarter in comparison to the same period last year.  The company’s…

US private sector employment jumps more than expected in October 

Washington, Nov. 2, (dpa-AFX/GNA) - Private sector employment in the United States increased by more than expected in October, according to a report released by payroll processor…

UN: Grain exports from Ukraine continue despite Russia deal pause 

New York/Moscow, Nov. 1, (dpa/GNA) - Grain exports from Ukraine across the Black Sea have been able to continue despite a suspension by Moscow of the agreement…

Biden accuses oil companies of ‘war profiteering’ 

Washington, Nov. 1, (TCA/dpa/GNA) - US President Joe Biden on Monday urged major oil companies to stop “war profiteering” and use record profits to boost domestic production…

Musk disbands Twitter board, takes sole control 

New York, Nov. 1, (dpa/GNA) - New Twitter boss Elon Musk has disbanded the microblogging platform’s board of directors and taken sole control, according to a securities…

US stocks end session on weak note 

Washington, Nov. 1, (dpa/GNA) - U.S. stocks drifted lower on Monday with investors making cautious moves, as they continued to react to recent quarterly earnings updates from…