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View of stranded boats at Alhajuela Lake during the summer drought, in Colon province, 50 km north of Panama City, Panama, on April 21, 2023. The Alhajuela lake is one of the main lakes that supplies water to the locks of the Panama Canal and is at its lowest level of recent years.Luis Acosta | Afp | Getty ImagesThe...

Nearly one-third, or 31%, of Gen Z are living with their parents because they can't afford to buy or rent their own space, according to a recent report.The year 2023 was the least affordable homebuying year in more than a decade.For parents, supporting grown children can be a substantial drain when their own financi...

A fault with computer software used by the Post Office, a state-owned private company employing thousands of people across the U.K., resulted in some 230 employees going to jail on false charges of theft, fraud and false accounting.Between 1999 and 2015, 736 sub-postmasters were subjected to prosecutions and financi...

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company.Team,We've taken significant steps towards our long-term vision of ...

The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency.The decision will likely lead to the conversion of the Graysc...

The sociologist Alexandrea Ravenelle studies the decline of the one-job era, and the rise of the gig economy. It's not good news for workers, she says.Alexandrea Ravenelle, author of "Side Hustle Safety Net."Courtesy: Alexandrea RavenelleAlexandrea Ravenelle studies the decline of the one-job era.The sociologist chr...

HPE is acquiring Juniper Networks for about $14 billion in cash, the companies said Tuesday.Juniper shares had their best day in 20 years on Tuesday following the Wall Street Journal's report late Monday on a likely deal.At $40 a share, the price amounts to a premium of 32% over Juniper's closing price on Monday, be...

Unity Software said Monday that it would lay off about 1,800 employees, or 25% of its overall workforce, as part of a corporate restructuring plan.The company said it is unable to "reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the firs...

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023.Dustin Chambers | Bloomberg | Getty ImagesOn Monday, OpenAI, the artificial intelligence startup behind viral chatbot ChatGPT, clapped back at The New York Times in a statement over the news outlet's recently filed lawsui...

The Supreme Court decline to take an appeal by Elon Musk's X company challenging a ban on the company disclosing federal surveillance of Americans and foreign nationals using the service.X, formerly known as Twitter, had argued that the federal government's prohibition on the company disclosing the receipt of nation...

United Airlines has found loose bolts on door plugs of several Boeing 737 Max 9 planes during inspections.The Federal Aviation Administration on Saturday grounded dozens of 737 Max 9s after the panel blew out midflight on Alaska Flight 1282.Plane manufacturer Boeing earlier Monday said it sent instructions to airlin...

Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, SpainJoan Cros Garcia/Corbis | Corbis News | Getty ImagesTwilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software com...

Apple's iPhone sales in China were down more than 30% year over year for the first week of the year, while competitors like Huawei have "remained much stronger," according to a note from Jefferies analysts Sunday.The analysts said Huawei gained the most smartphone market share in China in 2023, rising by about 6% ye...

The Federal Aviation Administration on Saturday ordered airlines to ground more than 170 Boeing 737 Max 9 aircraft for inspections.United has about 80 Boeing 737 Max 9 aircraft, though some of them recently underwent routine inspections.Alaska Airlines Flight 1282 made an emergency landing after a panel on the side ...

December's jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. That compared with respective estimates of 170,000 and 3.8%.The hiring boost came from a gain of 52,000 in government jobs and another 38,000 in health care-related fields such as ambulatory health-care...

Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly Twitter — speaks during the New York Times annual DealBook summit in New York City, Nov. 29, 2023.Michael M. Santiago | Getty ImagesThe U.S. National Labor Relations Board has filed a complaint against SpaceX, alleging that Elon Musk's defense contract...

Xerox announced plans to cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model.The company had about 20,500 employees as of Dec. 31, 2022, per an SEC filing, meaning the layoffs will likely affect more than 3,000 employees.Xerox said it will carry out the cuts thi...