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Mon Mar 20 2023
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.
Read moreSeattle
Sun Mar 19 2023
UBS to take over Credit Suisse, Swiss central bank confirms
UBS will take over Credit Suisse, the Swiss central bank has confirmed.The takeover deal comes after the 167-year-old bank was brought to the brink of financial calamity last week despite securing a $54bn (£44bn) credit line from Switzerland's central bank.
Read moreNew York
Sat Mar 18 2023
Trump says he expects to be arrested Tuesday and calls for supporters to protest
Former President Donald Trump said Saturday he expects to be arrested in connection with the investigation by the Manhattan District Attorney next week and called for protests as a result.
Read moreWashington
Fri Mar 17 2023
SVB Financial Group, parent of Silicon Valley Bank, files for bankruptcy protection
Silicon Valley Bank’s parent company filed for bankruptcy protection after worry spread among its long-established customer base of tech startups, prompting regulators to seize the firm’s banking unit.
Read moreSanta Clara
Thu Mar 16 2023
US military releases video from Russian fighter jet crash with drone
U.S. European Command has released dramatic declassified video taken by the MQ-9 Reaper drone that shows the moment that a Russian Su-27 fighter jet collided with it after attempting to spray the drone with jet fuel.
Read moreWashington
Wed Mar 15 2023
Stormy Daniels meets with prosecutors investigating Trump
Stormy Daniels’ lawyer said the porn actor met Wednesday with prosecutors who are investigating hush money paid to her on behalf of former President Donald Trump.
Read moreNew York
Tue Mar 14 2023
Russian jet collides with US drone over Black Sea
Russian fighter jet collides with US surveillance drone over Black Sea, forcing US to bring down drone, US military says.
Read moreWashington
Mon Mar 13 2023
Biden approves controversial oil drilling project in Alaska
The Biden administration on Monday approved a massive drilling project in Alaska, allowing oil company ConocoPhillips to move ahead with the 30-year project over objections from environmental groups.
Read moreAlaska
Sun Mar 12 2023
Yellen says no federal bailout for Silicon Valley Bank
Treasury Secretary Janet Yellen says government will not bail out Silicon Valley Bank. Yellen: Federal Deposit Insurance Corporation insures deposits up to $250,000. Many of the companies and wealthy people who used the bank had more than that. There are fears that some workers across the country won't receive their paychecks.
Read moreWashington
Sat Mar 11 2023
3 women missing in Mexico after crossing from Texas on trip
Two sisters from Texas and a friend are missing in Mexico after they crossed the border last month to sell clothes at a flea market, U.S. authorities said Friday.
Read morePenitas