The move comes a week after the Eden Prairie, Minnesota-based company reported weaker-than-expected, third-quarter results and strongly hinted at impending labor cost reductions to combat the impact of slowing demand and increased costs.
Following billionaire electric vehicle (EV) mogul Elon Musk's takeover of the Twitter social media platform, genetically modified (GMO) cereal giant General Mills pulled all of its advertising in protest.
Before Elon Musk changed his Twitter bio to "Chief Twit," Twitter established a permanent work-from-anywhere arrangement for employees. But with half the employees fired, in a move to reduce costs due to advertising revenue declines, Musk sent an ema
It seems to have slipped through the news cycle with very little attention but in mid-2020, Elon Musk's Tesla empire partnered with Germany pharmaceutical company CureVac to help develop Wuhan coronavirus (Covid-19) "vaccines" for Operation War
CNBC carried a story, It's a 'wild west out there': CEO says regulation needed to keep firms in line on sustainability, suggesting that American companies need to be forcibly whipped into shape over the United Nations' Sustainable Development
US gasoline prices rose for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil's massive profits.
U.S. President Joe Biden blasted Shell plc on Thursday for funneling profits to shareholders rather than lowering gas prices, after the British oil giant said it would boost its dividend and buy back shares.
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