Samsung cutting memory chip production as profit slides
Samsung said the demand for its memory chips declined as a weak global economy depressed consumer spending on technology products and forced business clients to adjust their inventories.
Samsung said the demand for its memory chips declined as a weak global economy depressed consumer spending on technology products and forced business clients to adjust their inventories.
International Monetary Fund chief Kristalina Georgieva said the period of slower economic activity will be prolonged, with the next five years of growth remaining around 3%
Many think robot waiters are the solution to the industry’s labor shortages. Sales of them have been growing rapidly, with tens of thousands now gliding through dining rooms worldwide. Others say they aren’t much more than a gimmick.
New coal plants were added in 14 countries, and eight countries announced new coal projects. The United States, however, saw significant shutdowns of coal-using plants.
A spokesman for Mike Pence said Wednesday that the former vice president will not appeal a judge’s order compelling him to testify in the Justice Department’s investigation into efforts by Donald Trump and his allies to overturn the results of the 2020 election.
The American Civil Liberties Union of Indiana filed a lawsuit rapidly after Holcomb signed the Indiana legislation—something the group had promised to do after Republican supermajorities advanced the ban this session.
The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity in a companywide reorganization designed to save $4 billion.
Under a proposal announced Tuesday, a Johnson & Johnson subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history.
Commissioner Danny Werfel delivered a tax-season pledge Tuesday that the agency will use an $80 billion infusion of cash to become faster, more tech-savvy and provide “real-world improvements” to taxpayers.
Indiana Gov. Eric Holcomb faces a Wednesday deadline to make a decision on a bill that would prohibit transgender youth from accessing hormone therapies, puberty blockers and surgeries in the state.
The decision to offer buyouts comes at an uncertain time for the auto industry, which is in the midst of a transition from internal combustion to electric vehicles.
Despite the drop, the number of layoffs ticked lower in February, and more Americans quit their jobs—a sign of confidence they can find better pay or working conditions elsewhere.
A proposal that would require Indiana voters to submit more identification information to obtain mail-in ballots was endorsed Monday by the state Senate despite objections from opponents that it would make voting more difficult for many people.
McDonald’s has more than 150,000 employees in corporate roles and in company-owned restaurants. It warned employees in January that layoffs would be coming.
Supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane. To keep sales rolling, automakers might have to offer subsidized loan rates.
Two-year community colleges have the worst completion rates of any kind of university or college. Nearly half of students drop out within a year. Only slightly more than 40% finish within six years.
Nearly 43,000 people died in U.S. traffic crashes in 2021, with deaths due to speeding and impaired or distracted driving on the rise.
March Madness may have been the last time for fans to see many of the talented college women players compete. Players’ options for professional basketball careers are limited, whether in the U.S. or overseas—the jobs just aren’t there.
Less oil flowing to refineries should mean higher gasoline prices for drivers and could boost the inflation hitting the United States and Europe.
The deal between the company that runs Ultimate Fighting Championship and WWE catapults WWE into a new era, after functioning as a family-run business for decades.