Volkswagen says cutting 100,000 jobs by end of decade
German car giant Volkswagen said that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry.
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German car giant Volkswagen said that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry.
U.S. Vice-President JD Vance said Thursday he would not categorize the Iran war as a war, despite continuing clashes with Tehran six months after the start of the conflict.
Campbell’s said on Thursday it has closed plants, cut jobs and planned price increases on select products to offset rising costs and restore profitability.
Uber and British tech company Wayve are launching London’s first self-driving taxi service, a technology that’s already available in many U.S. cities.
U.S. Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not.
More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels.
The Canadian Food Inspection Agency is looking into whether an illegal operation in India that labeled chips and other food products with fake nutrition information and expiry dates represents a risk to the country’s imports.
The Trump administration is backing OpenAI over how it builds its AI technology by ingesting and processing news articles from The New York Times.
New York City’s public schools will ban elementary and middle school students from using artificial intelligence tools, Mayor Zohran Mamdani announced.
The DNB bank said gold reserves held in London could be traded more easily than those held in New York and Ottawa.
Apple has relabeled Lake Ontario to “Lake America” for U.S. users of its Maps app, following competitor Google days after Trump ordered a name change.
The US$1 coin designed to celebrate America’s 250th birthday and seemingly U.S. President Donald Trump, whose face gazes from one side of the gold finish, will go on sale Wednesday, according the U.S. Mint.
Jack Daniel’s Brown-Forman missed first-quarter sales estimates and stuck to its annual targets, warning of a weak consumer environment.
With benchmark Japanese bond yields breaking through a three-decade-old barrier, higher returns are starting to tease capital home, reversing what was once a dependable flow of funds into global bond markets.
U.S. Treasury Secretary Scott Bessent says he’s urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances.
In an effort to poke fun at Donald Trump, an online prankster was able to add a new Google Maps name to the troubled Lincoln Memorial Reflecting Pool.