The U. S. Senate has approved President Joe Biden $740 billion economic package — aka the Inflation Reduction Act — after Vice President Kamala Harris cast the tie-breaking vote The U. S. Senate has approved President Joe Biden $740 billion economic package — aka the Inflation Reduction Act — after Vice President Kamala Harris cast […]
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Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30% this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn. “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent […]
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Elon Musk’s crown jewel, Tesla, has grappled with production glitches in China and slow output growth at new factories in Texas and Berlin Elon Musk’s crown jewel, Tesla, has grappled with production glitches in China and slow output growth at new factories in Texas and Berlin Tesla Inc is expected to end its nearly two-year-long […]
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Musk said the cuts would apply only to salaried workers, meaning a 3.5% reduction in total headcount, changes he described as “not super material” Musk said the cuts would apply only to salaried workers, meaning a 3.5% reduction in total headcount, changes he described as “not super material” Elon Musk, CEO of Tesla, said a […]
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‘This is going to be a haul,’ U.S. President says ‘This is going to be a haul,’ U.S. President says United States President Joe Biden said that he does not believe a economic recession in the U.S. is inevitable despite record high inflation and supply shortages partly caused by Russia’s invasion of Ukraine. Speaking at […]
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