Amazon says it will cut over 18,000 jobs, more than initially planned
Amazon said Wednesday it will cut over 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. The Wall Street Journal reported on the…
Coinbase to pay $100 million to resolve New York investigation into customer due diligence lapses
Popular cryptocurrency exchange Coinbase announced an agreement Wednesday to pay $50 million to resolve a New York investigation into lapses concerning its anti-money laundering and know-your-customer practices. The company said…
Southwest pilots union writes scathing letter to airline executives after holiday travel fiasco
The Southwest Airlines Pilots Association has published a letter denouncing the airline’s leadership as a “cult” that they say has spent the past 15 years destroying the company’s legacy, culminating…
Tesla shares tumble following deliveries report
Shares of Tesla dropped 13% on Tuesday morning, a day after the electric auto maker reported fourth-quarter vehicle production and delivery numbers for 2022. Deliveries are the closest approximation of…