IBM confirmed reports from over night that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup …
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Oil prices pulled back from a recent rally Friday amid speculation that travel over Memorial Day weekend would be far less than usual at the typically busy start of the summer vacation season. Continue Reading Below. West Texas Intermediate crude oil, the …
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Argentina is facing another sovereign-debt default on Friday as Latin America’s third-biggest economy grapples with a deep recession and a hard-currency squeeze exacerbated by the coronavirus pandemic. The cash-strapped country will officially enter into …
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HPE will reduce senior executives’ salaries and cut its workforce as it recovers from the impact of the coronavirus pandemic. (HPE). Share Facebook Twitter LinkedIn Email Print. Hewlett Packard Enterprise (HPE) is picking up the pieces from a rocky Q2 due …
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Maine’s preliminary unemployment rate estimate for April shot up to 10.6 percent as the economic devastation from the coronavirus pandemic washed over the state and nation. The jump of 7.4 percentage points from March to April also was the highest …
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