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Microsoft to shed 10,000 jobs as recession worries cloud tech sector
DAVOS, Switzerland, Jan 18 (Reuters) - Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2-billion charge, as its cloud-computing customers reassess their spending and the company braces for potential…
Biden’s climate agenda has a problem: Not enough workers
Jan 11 (Reuters) - U.S. clean energy companies are offering better wages and benefits, flying in trainers from overseas, and contemplating ideas like buying roofing and electric repair shops just to hire their workers as firms try to…
Dollar jumps, U.S. stocks buck global rally
Global shares edge up, but Wall Street dropsCorrelation with dollar softensYen takes a breather from recent rallyLONDON/NEW YORK, Jan 3 (Reuters) - The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global…
New York’s first legal weed shop opens, officials hope budding industry will be tax revenue…
FOX Business chief national correspondent Connell McShane visits the Twisted Roo dispensary in Oklahoma, where the family business touts light regulation and a low-cost environment. The first legal recreational marijuana dispensary!-->-->…
Everything we know about after-Christmas sales — plus 50 incredible deals to shop now
Here's your cheat sheet to navigating the best after-Christmas sales! (Photo: Amazon/Dyson)Still exhausted from all that Black Friday and Cyber Monday shopping? Believe it or not, the time to bag a bargain is right after Christmas.…
Zimbabwe’s night markets cushion crisis-weary citizens from inflation
HARARE, Dec 23 (Reuters) - As dusk descends on the dimly lit central business district of Zimbabwe's capital Harare, a steady stream of home-bound workers flows into a sea of informal traders hawking a mixture of basic foods, clothes and…
Wall Street falls fourth straight day as recession worries nag
Dec 19 (Reuters) - Wall Street equities closed lower on Monday for a fourth straight session with Nasdaq leading declines as investors shied away from riskier bets, worried the Federal Reserve's tightening campaign could push the U.S.…
U.S. retail sales fall after hefty gains; labor market still tight
Retail sales fall 0.6% in NovemberCore retail sales drop 0.2%; October sales revised lowerWeekly jobless claims decrease 20,000 to 211,000WASHINGTON, Dec 15 (Reuters) - U.S. retail sales fell more than expected in November, but consumer…
Hunt for fugitives after foiled gold shop robbery
Four robbers flee after trying to break into a gold shop in Muang district of Tak province on Thursday after the owner opened fire with…