In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
Tag: Layoffs and Job Reductions
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
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Google Cuts Hundreds of Jobs in Engineering and Other Divisions
The company, which has been working to trim expenses, laid off employees who worked on core engineering, the Google Assistant product and hardware such as the Pixel phone.
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Brisk Wage Gains in December Could Keep the Fed Watchful
Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.
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The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits
The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.