DTE requesting rate hike approval from Michigan Public Service Commission
DTE has begun presenting its case for why the Michigan Public Service Commission should approve a rate hike for customers of the utility company.
DTE has begun presenting its case for why the Michigan Public Service Commission should approve a rate hike for customers of the utility company.
The couple said in their complaint the bank assured them in October 2019 that their valuables would be returned — but it still auctioned the items.
US semiconductor company Marvell Technology is laying off its entire research and development team in mainland China, about five months after the firm initiated job cuts to scale down its operations in the world's largest chip market. Santa Clara, California-based Marvell said it is eliminating about 320 jobs, or 4 per cent of its global workforce, in response to what the company described as an industry slowdown, according to a statement from the firm on Wednesday. "We are streamlining our orga
The last year has seen a large number of job layoffs in the technology sector. Major companies like Salesforce, ESPN, Microsoft, Google, and Meta Platforms have all announced cuts to staffing -- a move that has been largely attributed to the rapid growth of online tech during the covid-19 lockdown. Amazon is one of the biggest companies announcing waves of job cuts -- in January, the company let go of more than 2,300 employees in the payments, health care, human resources, robotics, and web services departments.
The cryptocurrency exchange says it received a warning from the Securities and Exchange Commission (SEC), suggesting a possible enforcement action.
The 55-year-old coffee industry outsider addresses employee wages, corporate culture, and working as a barista in first annual letter to staff.
Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices and tap nationalist sentiment to challenge U.S. beverage giants PepsiCo and Coca-Cola in a key market. Controlled by billionaire Mukesh Ambani, Reliance this month launched revamped Campa drinks, sugary sodas popular in India in the 1970s and 1980s before disappearing from shelves as the U.S. giants expanded rapidly in a liberalising economy. At first glance it may seem that Ambani will find it tough to loosen Pepsi's and Coca-Cola's stranglehold of a market Euromonitor estimates is worth $4.6 billion and set to grow 5% a year until 2027.
A veteran Meta advertising product executive will leave the company in May, according to an internal announcement seen by Reuters, amid a months-long pruning of projects and staff that Chief Executive Mark Zuckerberg has dubbed the "year of efficiency." Dan Levy, currently the social media giant's vice president of business messaging, said in a post to Meta's internal social network on Monday that he wanted to focus on family after losing a child to leukemia. A Meta spokesperson confirmed Levy's departure and said business messaging would remain a strategic priority and area of investment for the company this year.
Dan Durn talks about Adobe's growth, preventing mass layoffs, and generative A.I.
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.
Work at home? Work at the office? It makes no difference, according to a Gallup poll.
Announcing the news, a punchy blog post from the exchange said: "We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead."
As big tech companies shed jobs, founders and investors like Elon Musk and Keith Rabois say workers have sat around doing nothing for too long.
GM salaried workers ponder the "what if" scenarios as time gets closer to a noon Friday deadline for taking what some say is a generous buyout offer.
The Department of Justice recently sided with pharmaceutical giant and COVID-19 vaccine maker Moderna, which has argued taxpayers should be liable for potential patent infringement.
Cardi sued Tasha K in 2019, claiming the YouTuber had launched a "malicious campaign" against her and became "obsessed" with her.
(Bloomberg) -- Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidCredit Suisse, UBS
Yahoo Finance Live discusses a report that Walmart will be laying off hundreds of fulfillment center employees as the retail giant explores integrating automation into its business practices.
Technologies of the future could drive two companies into the most exclusive club in the stock market.
You're in a race against time and your dream retirement awaits at the finish line.
A federal judge in Detroit certified class actions for drivers in 26 U.S. states who accused General Motors Corp of producing faulty transmissions for about 800,000 vehicles from the 2015 to 2019 model years. Drivers said the transmissions cause vehicles to shudder, and cause "harsh shifts" including hesitations, lunges, lurches, and making them feel as though they had been rear-ended.