Category Tech

Amazon’s Second Round of Layoffs Will Cut 9,000 Jobs

Amazon is laying off another 9,000 employees. That’s on the top of the 18,000 job cuts announced earlier this year. CEO Andy Jassy said the additional cuts weren’t announced sooner because some teams hadn’t finished their cost-cutting analysis. LoadingSomething is…

A Banking Crisis Is Unfolding Worldwide. How Bad Is It?

On Sunday, UBS acquired the embattled Credit Suisse for $3.25 billion. The Fed along with five other central banks announced coordinated action to reassure global banks – in a move to support the economy during stressful times. While immediate contagion…

Chris Christie Says Being Indicted ‘Never Helps Anybody’

Donald Trump and his allies have claimed that an indictment will only help his election prospects. Chris Christie, a former district attorney, said Trump thrives on “chaos and turmoil.” But an indictment “never helps anybody,” Christie said on ABC’s “This…