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The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized startups have also seen a fair amount of cuts, and in some cases, have shut down operations altogether. By tracking these layoffs, we’re able to understand the impact on innovation across companies large and small. We’re also able to see the potential impact of businesses…
A’ja Wilson had a double-double by halftime to lead the U.S. national team to a win over Germany in their lone international Olympic prelude. (AP Photo/Alastair Grant)Fresh off a loss to a WNBA all-star team, the U.S. women’s basketball team was back on track Tuesday in its only international warmup before the Olympics.The U.S. team headed to Paris after a comfortable 84-57 win over Germany in London and will next face Japan in Olympic group play on Monday.Two-time WNBA MVP A’ja Wilson, the favorite to win her third award this season, led the team with 19 points, 14 rebounds, two…
Republican presidential candidate and former President Donald J. Trump held a campaign rally at Van Andel Arena in Grand Rapids, Michigan on July 20, 2024. Bill Priano | Getty Images News | Getty Images”A Trump victory would likely intensify trade and economic hostility between the United States and China and accelerate trade and financial decoupling between the two countries,” said Eswar Prasad, a professor of economics at Cornell University.After Biden dropped out of the race and endorsed Vice President Kamala Harris, who is widely expected to face Trump, Prasad and other experts said Harris’ approach to China would likely be…
Weeks of building panic among Democrats gave way this week to a historic influx of campaign funds for the presidential front-runner, Vice President Harris, as allied groups reported huge fundraising hauls amid jubilation from supporters.The Harris campaign reported Tuesday morning that it had raised more than $100 million from 1.1 million donors in the first 41 hours after President Biden announced he was stepping down. FF PAC (aka Future Forward), the largest outside group backing Biden, announced that it had pledged $150 million in donations within the first 24 hours after President Biden announced he was stepping down on Sunday…
The original owners of HoneyBee Coffee have regained ownership of the business, according to social media posts, and are thanking the community for their support as they rebuild following a sale to a self-proclaimed entrepreneur that staff say put the company in bankruptcy.”First, we want to express our sincere gratitude for all the kind messages and support we’ve received during this difficult time,” HoneyBee posted on Instagram on the evening of July 23. “We’re happy to announce that we have regained ownership of HoneyBee Coffee Company. As we take steps to rebuild and rebuild, we are committed to making the…
Kamala Harris said she was proud of her track record as she ran against President Trump, recalling her time as a prosecutor in the Alameda County District Attorney’s Office in California. Subscribe to notifications Wisconsin: US presidential candidate Kamala Harris kicked off her campaign in Wisconsin, saying the November election will be “a choice between freedom and chaos.” “In this campaign, I will proudly put my record against his,” Harris said, according to the Associated Press. advertisement advertisement She added, “We believe in a future where everyone has the opportunity to not just survive, but thrive.” Harris arrived in the…
File photo of Gautam Gambhir©AFP Gautam Gambhir was appointed as the head coach of the Indian cricket team after Rahul Dravid’s tenure ended following the 2024 T20 World Cup victory. It was a new chapter for the team as Virat Kohli, Ravindra Jadeja and Rohit Sharma had also announced their retirement from T20Is. The names of WV Raman and National Cricket Academy (NCA) president VVS Lakshman were floated but Gambhir eventually emerged as the front-runner. While the move was welcomed by most experts and fans, former Pakistan cricketer Tanveer Ahmed believes Gambhir was not suited for the role.…
(Bloomberg) — Most Asian stocks fell and traded in a narrow range on Wall Street after a weak start to earnings reports from the “Magnificent Seven” technology giants.Most read articles on BloombergJapan’s stock index fell slightly, while China’s index opened slightly higher. U.S. stocks fell on Tuesday as traders scrutinized the performance of some of the largest U.S. companies, including Tesla Inc. and Alphabet Inc., after they reported earnings. The Taipei stock exchange was closed due to the typhoon, and Taiwan Semiconductor Manufacturing Co. was not trading.Investors had been banking on tech gains to sustain the bull market that has…
On Sunday, an 80-year-old man putting up a Trump sign in his yard in Michigan was struck by an all-terrain vehicle, after which a 22-year-old man called authorities, said he was involved and then committed suicide, authorities said.According to Hancock police, the elderly man was hit by an ATV driver at 5:45 p.m. The incident followed other incidents of vandalism that appeared to target people who had expressed support for former President Donald Trump and law enforcement.The Houghton County Sheriff’s Office said in a statement that a 22-year-old man contacted Hancock police on Monday and said he “wanted to confess…
Lime green is all the rage right now, and it’s all thanks to Charli XCX’s hit album ‘Brat’. Since the studio album’s release on June 7, the “brat” aesthetic (including its distinctive Arial font) has been seen everywhere, from slime-green merchandise to marketing campaigns.The high-energy dance-pop album touched on themes of partying, Dutch and femininity, inspiring memes, TikTok dances and fashion trends, with online fans coining a new term: “Brat Summer.”With its messy and carefree vibe, Brat Summer borrows elements from other similar TikTok trends, including Wild Girl Summer and Rat Girl Summer.”Brat” has evolved from an iconic album cover…