Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC. The company reported better-than-expected
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped down from leading UnitedHealth for unspecified “personal reasons,” the company said. Stephen J. Hemsley, who served as chief executive from 2006 to
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced to several months in prison Tuesday. Peter Coker Jr. was sentenced to 40 months. With credit for time served, he owes about 12
Uruguay’s former President José Mujica, a leftist icon known for his progressive social reforms, died on Tuesday at the age of 89.
The Trump administration sanctioned nearly two dozen firms operating in Iran’s illicit international oil trade, as President Donald Trump delivered remarks in the Middle East – tempting the Islamic Republic with a ‘much brighter future’ should it come to a nuclear agreement with the United
Saudi Arabia rolled out a mobile and operational McDonald’s truck for President Donald Trump’s first visit to the nation since his inauguration in January, Fox News Digital found. A White House official confirmed that a mobile McDonald’s food truck was in Riyadh, Saudi Arabia, during Trump’s
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is one of the fast-food chain’s largest hiring pushes in years, according to a news release. It goes hand in hand with McDonald’s goal to open 900
President Donald Trump signed an executive order Monday instructing drug companies to reduce prices of prescription drugs or face consequences from the federal government. But the effort amounts to price control since it’s not limited to just government programs — and similar policy initiatives in other
Several family members of Mexican drug trafficker Joaquín “El Chapo” Guzmán have entered the United States as part of negotiations in a case against one of his sons, Mexico’s Security Secretary Omar García
Former President Joe Biden’s second campaign ruined former Vice President Kamala Harris’ chances of defeating President Donald Trump in the 2024 election, according to a top Democratic consultant. David Plouffe, former President Barack Obama’s campaign manager in 2008 and a senior advisor on Harris’ 2024 campaign,