Roku to lay off 10% of workforce, stock jumps
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …
Personnel
Biden to hail West Coast dockworker union contract as UAW deadline nears
The loading and unloading of cargo freighters has been suspended at all 29 U.S. West Coast ports this weekend because of chronic slowdowns on the docks that shippers and terminal …
Recession indicator may be ‘broken odometer’ for economy, says expert
Westend61 | Westend61 | Getty Images Experts have been pointing to a coming downturn for the U.S. economy. The question was when. Now, however, some firms and experts are walking …
Here’s how a union strike could impact Ford and what Cramer thinks
High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor (F). The …
Why did the unemployment rate and jobs rise in tandem?
A hiring sign is pictured at a McDonald’s restaurant in Garden Grove, California on July 8, 2022. Robyn Beck | Afp | Getty Images This report is from today’s CNBC …
Heading into Labor Day weekend, Biden celebrates new job growth
U.S. President Joe Biden speaks about the August U.S. jobs and employment report numbers in the Rose Garden of the White House in Washington, September 1, 2023. Jonathan Ernst | …
UAW files NLRB complaints against GM, Stellantis over contract talks
UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023 Michael Wayland / CNBC DETROIT — United Auto Workers has filed unfair …
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty Images Job creation in …
AI needs ‘human control’ to avoid being weaponized: Microsoft’s Brad Smith
Artificial intelligence can be weaponized and needs to be reined in by humans, Microsoft’s president and vice-chairman Brad Smith told CNBC in an exclusive interview. “I think every technology ever …
X (Twitter) faces 2,200 arbitration cases, filing fees over $3 million
In this photo illustration, the new Twitter logo rebranded as X (X Corp.) is seen on a smartphone and Elon Musk Twitter account with the new X logo on a …