A spokesperson for ConocoPhillips confirmed the layoffs on Wednesday, noting that 20% to 25% of the company’s employees and ...

WASHINGTON — Director of National Intelligence Tulsi Gabbard announced plans Wednesday to cut her agency’s workforce by up to 40% in the coming weeks — and eliminate several offices that ...

The unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers.

BENGALURU (Reuters) -A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains the base forecast for most economists polled by ...

PBS plans to cut its budget by 21% as public media faces the loss of $1.1 billion in federal funding over the next two fiscal years.

A struggling electric-planes startup won its high-stakes appeal against Boeing. The case was also reassigned over a judge's stock trades.

Markets see a near-certain Fed rate cut in September, but internal divisions and inflation concerns could shape the size and pace of easing.

(Reuters) -Walmart is expanding its 10% employee discount to nearly all of its grocery items, including dairy and meat, through the year, the company's chief people officer told its staff in a ...

Oric’s plan to focus its resources come with a sting in its tail—the biotech is laying off 20% of its employees to finance the strategy.

Generation Bio is shedding 90% of its workforce after the biotech acknowledged it’s unlikely to find cash to take its lipid nanoparticle tech further.

Another cost-cutting plan has been announced, and with it, Peloton is set to conduct layoffs. Reports indicate that Peloton will cut 6 percent of its global staff and make other operational changes, ...