Amazon’s Twitch to cut 500 employees, about 35% of staff

Amazon.com’s livestreaming site Twitch is poised to cut 35% of its staff, or about 500 workers, according to people familiar with the plans, the latest in a series of job reductions there. The cuts, which could be announced as soon as Wednesday, come amid concerns over losses at Twitch and after several top executives left the

CEBA deadline could decimate restaurant industry, warn advocates

Breadcrumb Trail Links Real Estate Industry groups call for Ottawa to delay repayment of pandemic loans Published Jan 09, 2024  •  3 minute read According to the CFIB, one in five restaurants in Canada are at risk of not surviving. Photo by SAUL LOEB/AFP via Getty Images Article content The food service industry could be

Hewlett Packard Enterprise Near Deal to Buy Juniper Networks

Updated Jan. 8, 2024 6:31 pm ET Hewlett Packard Enterprise is in advanced talks to buy Juniper Networks for about $13 billion, in a bid to better position the nearly 100-year-old technology company in the era of artificial intelligence.  A deal between the two companies could be announced as soon as this week, according to

Asia-Pacific stocks in red tracking weakness in global markets ahead of US inflation data

phongphan5922 Japan (NKY:IND) markets closed. Japan’s 10-year government bond yield eased to around 0.6%, pausing the recent rally as hopes that the Bank of Japan could end its negative interest rate policy this year diminished after the earthquake on New Year’s Day raised concerns about the economic outlook. China (SHCOMP) -1.42%. China ‘wealth manager’ Zhongzhi

Spirit Aero made blowout part but Boeing has key role -sources By Reuters

2/2 © Reuters. FILE PHOTO: A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/File Photo 2/2 By Valerie Insinna, Tim Hepher and David Shepardson WASHINGTON (Reuters) – Aerospace supplier Spirit AeroSystems

Alaska Airlines passengers ‘terrified’ by 737 Max fuselage blowout

Nicholas Hoch was relaxing with a podcast onboard Alaska Airlines Flight 1282 as it left Portland, Oregon, on Friday night. A few minutes later he was texting his mother and girlfriend to say he loved them and wondering whether he would die. Hoch said he knew something was seriously wrong when the plane lights flickered

US Supreme Court to hear Donald Trump ballot ban appeal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Supreme Court has agreed to consider whether Colorado can ban Donald Trump from the presidential ballot, setting the stage for a potentially landmark legal decision that will have implications for the 2024 US

Nigeria slaps strict rules on banks after lifting crypto ban

Nigeria’s central bank has released inaugural guidelines for banks opening cryptocurrency accounts, while retaining its ban on them holding or trading in virtual assets on their own behalf. The rules, published on the central bank’s website on Tuesday, flesh out the regulator’s decision last month to lift its prohibition on banks operating accounts for crypto

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