Tag Archives: confirm

Oracle has started laying off more US employees this week, sources confirm

Oracle has started laying off more US employees this week, sources confirm

Oracle’s cofounder Larry Ellison.Justin Sullivan/Getty Images The database giant Oracle has started laying off some US employees, sources told Insider. It may cut thousands of jobs globally, according to news reports. Workers in Canada, India, and Europe may be next. The database giant Oracle began laying off more of its US workforce on Monday, employees have confirmed to Insider. The company may cut thousands of workers globally — including in the US, Canada, India, and Europe — to reduce… Source link

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US STOCKS-Nasdaq plunges over 4%, S&P 500 set to confirm correction

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * S&P 500 falls over 10% from its record closing high on Jan 3 * Kohl’s surges as Sycamore, Acacia show takeover interest * Information Technology top S&P 500 sectoral loser * Indexes drop: Dow 3.15%, S&P 3.9%, Nasdaq 4.8% (Adds comment, details; updates prices) By Devik Jain and Bansari Mayur Kamdar Jan 24 (Reuters) – U.S. stock indexes plunged on Monday, with the S&P 500 on course to… Source link

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Bears confirm Andy Dalton is the starter

Here’s the good news, Chicago Bears fans, it’s April and your team already has its starting quarterback. Here’s the bad news: That quarterback is Andy Dalton. Bears general manager Ryan Pace confirmed the news Friday, telling reporters the team views Dalton as the starter after signing Dalton to a one-year, $10 million deal in March. The news shouldn’t come as a surprise. Days after Dalton was signed, the Bears’ Twitter account tweeted out a photo and called Dalton “QB1.” That was just the… Source link

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Lucid Motors and Churchill Capital confirm SPAC deal: CCIV share tank

Bloomberg Wall Street Is Inflation-Proofing Its Debt-Market Portfolios (Bloomberg) — From money managers at BlackRock and T. Rowe Price, to analysts at Goldman Sachs, to the credit shops run by Blackstone and KKR, a new economic reality is prompting Wall Street’s most powerful forces to adjust their investment strategies.The rise in inflation set to accompany the post-pandemic economic boom is threatening to reverse the four-decade decline in U.S. interest rates, sparking a rush to protect… Source link

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