Day: July 12, 2022
Google CEO Pichai says company will slow hiring through 2023 in memo to employees
LOS ANGELES, CALIFORNIA – JUNE 09: Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. The CEO Summit entered its second day of events with a formal signing for the “International Coalition to Connect […]
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Trump accused of possible witnesses tampering: Here are the highlights from the latest Jan. 6 committee hearing
Committee Chairman Bennie Thompson (D-MS) and Vice Chair Liz Cheney (R-WY) lead the seventh public hearing by the House Select Committee to investigate the January 6th attack on the US Capitol, in Washington, DC, U.S., July 12, 2022. Doug Mills | Reuters The House select committee investigating the Jan. 6 attack on the Capitol accused […]
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Facebook cuts hundreds of custodial jobs after ending contract with facility management vendor
Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of job cuts later this month. Meta informed facilities management vendor ABM Industries of the cancellation in mid-June, and the cuts will go into effect on July 25, according to documents filed with the state of California’s […]
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Stock futures are flat with all eyes on June’s inflation report
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Stock futures were little changed in overnight trading on Tuesday as investors awaited a key inflation report that is expected to show a fresh high. Futures on the Dow Jones Industrial Average edged up 18 points. S&P 500 futures and Nasdaq 100 futures […]
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U.S. greenhouse gas emissions have caused over $1.8 trillion in global economic losses, study says
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greatest greenhouse gas emitters, have each caused global economic losses of more than $1.8 trillion from 1990 to 2014, according […]
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Twitter sues Elon Musk to enforce original merger agreement
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion deal to buy the company. This is breaking news. Please check back for updates. Source
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Ex-Trump campaign manager Brad Parscale said Trump’s ‘civil war’ rhetoric ‘killed someone’ on Jan. 6
Trump 2020 campaign manager Brad Parscale addresses the crowd before U.S. President Donald Trump rallies with supporters in Manchester, New Hampshire, U.S. August 15, 2019. Jonathan Ernst | Reuters Ex-Trump campaign manager Brad Parscale blamed then-President Donald Trump’s rhetoric for the death of a woman involved in the Jan. 6 Capitol riot, according to evidence […]
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Black Rifle Coffee names former Wendy’s CEO as executive chair as it looks to open more stores
Black Rifle Coffee Company Courtesy: Black Rifle Coffee Company Black Rifle Coffee, a veteran-founded beverage company that went public earlier this year, said Tuesday that it has named former Office Depot and Wendy’s CEO Roland Smith as its executive chairman, effective immediately. Smith, who is already a member of Black Rifle Coffee’s board of directors, is […]
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Jan. 6 committee notifies DOJ that Trump tried tampering with one of its witnesses, Cheney says
Vice Chair U.S. Representative Liz Cheney (R-WY) speaks during a public hearing of the U.S. House Select Committee to investigate the January 6 Attack on the U.S. Capitol, on Capitol Hill in Washington, July 12, 2022. Elizabeth Frantz | Reuters The House select committee investigating the attack on the Capitol on Jan. 6 revealed that […]
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Stocks making the biggest moves midday: Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 5% after Gap announced Monday that CEO Sonia Syngal is stepping down from her position. Wells Fargo downgraded the stock to equal weight […]
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