Posts by Yurie Miyazawa
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new roles Published Thu, Jul 17, 2025 · 11:27 AM [CHICAGO] Walmart is cutting hundreds of store-support roles, its latest move to simplify structure at the world’s largest retailer. The company is eliminating the…
Read MoreScale AI to cut 14% of staff following Meta investment
[SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in the startup and hired away its chief executive officer. The company cut 200 full-time employees, about 14 per cent of its global workforce, and will provide severance, Scale spokesperson Joe Osborne said on…
Read MoreFrench prosecutors demand Fiat face trial in diesel scandal
Published Thu, Jul 17, 2025 · 10:50 AM [PARIS] French prosecutors have demanded Italian car maker Fiat face trial on fraud charges over the emissions-tampering scandal that struck German giant Volkswagen, a source told AFP on Wednesday. It is the fourth trial demanded in France against major car makers after cases against Volkswagen and the…
Read MoreGold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Published Thu, Jul 17, 2025 · 10:22 AM [BENGALURU] Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US President Donald Trump said it was “highly unlikely” he would dismiss Federal Reserve chair Jerome Powell. Spot gold was down 0.2 per cent…
Read MoreST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV) SPTel, an enterprise broadband connectivity provider. On Thursday (Jul 17), ST Engineering and SP Group said that the proposed transaction will better position SPTel to scale…
Read MoreMarkets rattled by ‘credible threat’ of Trump trying to fire Jerome Powell
[NEW YORK] Once again, US President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to one of his favourite topics: whether to fire Federal Reserve chair Jerome Powell. In an echo of the havoc that Trump unleashed with his trade war in early April, markets were briefly turned…
Read MoreTesla readies a six-seat version of the Model Y for China
The carmaker has been losing ground to domestic manufacturers with fresher lineups Published Thu, Jul 17, 2025 · 08:22 AM [BEIJING] Tesla is preparing to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing ground to domestic manufacturers with fresher lineups. The new variant…
Read MoreHaagen-Dazs maker prices debt for 4.4 billion euros payout to owners
[NEW YORK] Froneri International, the maker of Haagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest shareholder payouts on record, as its private equity co-owner looks to keep its stake in the company for longer. The UK-based manufacturer is close to pricing a 3.9 billion euros…
Read MoreGoogle to unveil new Pixel hardware on August 20 with AI in focus
The company’s market share in the US smartphone segment is tiny compared with Apple and Samsung Published Thu, Jul 17, 2025 · 06:46 AM [PHILADELPHIA] Alphabet’s Google will debut new Pixel-branded hardware at an event on Aug 20 in New York, with the lineup expected to include several smartphones and a smartwatch, all powered by…
Read MoreJPMorgan is now worth more than three largest rivals combined
The Trump administration’s embrace of the cryptocurrency industry has breathed air back into some upstarts Published Thu, Jul 17, 2025 · 06:13 AM [NEW YORK] JPMorgan Chase keeps putting more distance between itself and key rivals. The first half saw the bank’s market value surpass that of its three largest competitors, Bank of America (BOA),…
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