Payments firm PayPal to reduce global workforce by 9% in 2024
By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9%…
Category: Business
Stocks meander, yields mixed after strong US labor data
By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs…
Dollar mixed in tight trading range before Fed statement
By Karen Brettell NEW YORK (Reuters) -The dollar edged lower against the euro and higher against the yen on Tuesday,…
US job openings unexpectedly rise, but resignations decreasing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in December and data for the prior month was…
WSJ plans to restructure Washington bureau, let go of some staff – Axios
(Reuters) – The Wall Street Journal is planning to restructure its Washington bureau and lay off some staff, news site…
Investors yank over $100 billion from hedge funds in 2023 – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) -Investors withdrew over $100 billion from hedge funds last year in a second consecutive year…
Oil rises as Saudi Arabia and Russia stick to supply cuts
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher on Monday after top exporters Saudi Arabia and Russia reaffirmed their…
Bain Capital to buy consulting firm Guidehouse in $5.3 billion deal
(Reuters) -Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3…