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Thursday, December 8, 2022

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Business & Technology

Kohl’s CEO Steps Down to Take President Role at Levi Strauss

By: Anne D’Innocenzio  Michelle Gass, CEO of department store chain Kohl’s, is stepping down from her role early next month and will become the president...

Facebook parent Meta cuts 11,000 jobs, 13% of workforce

(AP) Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes,...

Elon Musk Says Twitter Suffering a ‘Massive Drop in Revenue’ After Activist Group Pressure

By: Jack Phillips Elon Musk wrote Friday that Twitter has suffered a “massive drop in revenue” in recent days after activist groups pressured advertisers to...

Twitter Bloodbath Begins as Musk Begins Widespread Layoffs; Execs Demand “Golden Parachute”

 (AP) — Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the social platform. The company had told employees by email that they would...

The Future of Trump’s Truth Social Platform; Will it Sink or Swim? 

The Future of Trump’s Truth Social Platform; Will it Sink or Swim?  Edited by: TJVNews.com Truth Social, the social media platform launched by former President...

Pfizer Beats Sales Estimates & Increases Forecast for 2022 Sales of its Covid-19 Vaccine

By: Hellen Zaboulani    Pfizer Inc, the US pharmaceutical giant, posted better than expected results for the third quarter of 2022.  It increased its 2022 sales estimate...

Groundbreaking Takes Place for Miami’s First 100-Story Super Tower

Groundbreaking Takes Place for Miami’s First 100-Story Super Tower By:  Hadassa Kalatizadeh Miami is getting its first over 1,000-foot tall building. As reported by the...

Non-Profit Chief Suggests that Elon Musk Remove Anti-Semitic Tweets as Hatred of Jews is on Alarming Rise

Edited by: TJVNews.com The nonprofit organization Secure Community Network, which provides safety consulting and training for Jewish facilities across North America, wrote a letter on...

Completed Tower at 425 Park Avenue Celebrates Ribbon Cutting Ceremony 

Completed Tower at 425 Park Avenue Celebrates Ribbon Cutting Ceremony    By: Benyamin Davidson    The commercial skyscraper completed at 425 Park Avenue in Midtown Manhattan celebrated its grand...

Twitter Execs Fired by Musk Nervous that Hefty Severance Packages Won’t be Paid

Twitter Execs Fired by Musk Nervous that Hefty Severance Packages Won’t be Paid   By: Hellen Zaboulani    Elon Musk, who has recently taken over the reins at Twitter, is already...

As Facebook Parent Company Stock Tumbles, CNBC’s Jim Cramer Apologizes to Viewers for Recommending It

Edited by: TJVNews.com CNBC’s Jim Cramer choked up during Thursday’s broadcast of “Squawk on the Street” as he apologized for previously encouraging viewers to buy...

Bright Spot for IPO Mobileye as Shares Rise 38% in Trading Debut

Bright Spot for IPO Mobileye as Shares Rise 38% in Trading Debut Edited by: TJVNews.com Shares of Mobileye Global Inc. rose 38% in their trading debut,...

The Housing Market Is About To Fall Off A Cliff, Economist Says

John Hugh DeMastri (DCNF) The price of residential homes could fall by as much as 20% next year off the back of mortgage rate hikes...

Amazon to allow US customers to pay with Venmo

(AP) — Amazon is rolling out a feature that allows shoppers to pay for items using their Venmo accounts. The option to pay with Venmo...

Posh NY Luxury Real Estate Trends in 2022 See Higher Prices 

By: Benyamin Davidsons    This year, New York City’s luxury real estate market has continued to see higher prices. As per a recent article in the NY...

JPMorgan President Warns The Worst Is Yet To Come For US Economy

John Hugh DeMastri(DCNF) Daniel Pinto, president of investing giant JPMorgan, has warned that the economy hasn’t yet hit bottom, urging the Federal Reserve to continue...

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