United States
SoftBank’s Arm plans to cut up to 1,000 jobs after collapse of $40 billion Nvidia deal
SAM YEH | AFP | Getty Images LONDON — British chip designer Arm is planning to cut up to 1,000 jobs, or 15% of its workforce, just weeks after its $40 billion deal with Nvidia collapsed. Widely regarded as the jewel in the crown of the U.K. tech sector, Arm employs employs around 6,400 people […]
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Ballistic missiles hit Iraq’s Kurdish capital, Iran’s Revolutionary Guard claim responsibility
March 13, 2022 shows buildings damaged due to the missile attack near the U.S. consulate compound in Erbil, Iraq. Twelve ballistic missiles launched from outside Iraq struck the country’s northern Kurdish regional capital Erbil on Sunday, the regional government said. Dalshad Al-Daloo | Xinhua News Agency | Getty Images Iran’s Revolutionary Guards claimed responsibility for […]
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If Putin uses chemical weapons in Ukraine it’s a ‘game changer’ for NATO
Russian President Vladimir Putin watches with binoculars the Tsentr-2019 military exercise at the Donguz range near Orenburg city on September 20, 2019. Alexey Nikolsky | Afp | Getty Images There are increasing concerns that Russia could be prepared to use chemical weapons to attack Ukraine, with Western officials and strategists warning the threat posed by […]
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5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
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Airline stocks slump as jet fuel surge overshadows travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years, overshadowing a […]
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