Manulife cuts 2.5% of staff in wealth and asset management unit

Manulife cuts 2.5% of staff in wealth and asset management unit

Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent of the division’s staff.  The move was made “in an effort to leverage our global operating model and focus on high-growth priorities”, a spokesperson said. The Toronto Star reported earlier that the firm is eliminating…

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US: Wall Street ends lower ahead of megacap earnings

US: Wall Street ends lower ahead of megacap earnings

US stock indices closed lower on Wednesday (Oct 30) as chip stocks tumbled and investors awaited a host of corporate earnings. Microsoft and Meta Platforms reported earnings after the bell, with both beating quarterly revenue estimates. Shares of Alphabet, the first of the five “Magnificent Seven” megacap stocks that reported results this week, rose 2.8…

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ABC Makes Shocking Error as It Mistakenly Airs Election Results for Pennsylvania Sparking Wild Theories on Social Media

ABC Makes Shocking Error as It Mistakenly Airs Election Results for Pennsylvania Sparking Wild Theories on Social Media

ABC has sparked wild conspiracy theories after mistakenly airing election results for Pennsylvania. The results appeared on a ticker along the bottom of the screen during ABC local affiliate WNEP-TV’s Sunday coverage of the Formula 1 Mexico Grand Prix. The shocking ticker showed Kamala Harris winning the state with 52 percent of the vote, while…

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