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46 JOB CUTS
California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCaleb’s company races to replace ISSSpaceX-linked California startup Vast has cut 46 employees, or about 4% of its workforce, months after raising $500 million. The layoffs at...- US Treasury yields fall as jobs report dashes hike betsU.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predict...
- US stocks: S&P closes at record high as soft jobs report eases rate-hike concernsThe US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led to r...
- AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal VoraComing to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in ...
- The surprising metrics of Goa's tourism boom led by traffic, villas and paneerAs flights and hotel occupancy fail to capture the number of tourists flocking to Goa, here are some unusual indicators that also mark the ...
- ET Prime Special Series: Multibagger or IBC - Part 69: Can new businesses bridge the gap before EVs reshape the core?This old auto ancillary manufacturer has integrated plants, a long operating history, and stable group ownership. FY26 brought higher reven...
- US-China AI race is heating up, but these 10 professions are still too expensive for robots to replace - is your job safe?Jobs safe from AI: Americans perceive China leading in artificial intelligence development currently. However, automating many common jobs ...
- ET Prime Special Series: Multibagger or IBC - Part 67: Can this auto ancillary close the gap between old mobility and EV revenue?The market may see this as another diversified auto component manufacturer. The deeper story is one of capital reallocation. The group is c...
- Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
- Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturingThe Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone m...
- Altera returns to growth as AI, robotics fuel demand, CEO saysAltera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artif...
- India's middle class may have little room in the richer housing marketIndia's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near r...
- TCS CEO K Krithivasan says AI will not reduce white-collar jobsKrithivasan's comments followed the announcement of TCS' Q1 earnings. In the first quarter of FY27, India’s largest software services firm ...
- Near-ruin to riches: The story of chip giant SK hynixSouth Korean chipmaker SK hynix faced significant financial challenges after its founding in 1949. SK Group's 2012 buyout and focus on HBM ...
- For 36 years brothers fought among themselves to get late elder sister’s property; Brother with sister’s registered Will wins for this reasonElder sister gave the house to a brother via registered Will but other other brothers occupied the house with an alleged unregistered Will;...
- Gold down 5.6%, silver 10.8% in a month: Should you buy the dip or wait? Experts answerGold and silver prices have seen a significant dip on the MCX, prompting questions for investors. Experts attribute the fall to a strong do...
- D-St set for a positive opening as GIFT Nifty signals firm startIndian equities closed higher Wednesday, ending a two-day slump. The market remains range-bound, with traders anticipating a clear directio...
- Turtlemint investors IPO cash out; Ola Electric eyes Sebi settlementPeak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in today’...
- Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
- Jobs report today: U.S. unemployment rate rises to 4.6%, highest since 2021 — Is the economic slowdown just beginning?US jobs report today sends a fresh warning. Unemployment rose to 4.6% in November, the highest since 2021. Employers added just 64,000 jobs...
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