Sectors
Chinese Report Claims Fuel Trucks Used to Transport Cooking Oil
Chinese authorities are reviewing an investigative report which alleged the practice of using fuel tankers to carry cooking oil, rocking the country into a major food safety scandal.
Intuit Slashes 1,800 Jobs in AI-Focused Overhaul of Operations
Intuit announced it will lay off 1,800 employees as part of an AI-focused reorganization, with plans to rehire at least that many in fiscal 2025.
New CNN CEO Mark Thompson Lays Off 100 Employees in Major Restructuring Effort
CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.