Disney begins laying off 7,000 employees
Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February
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Newsom Announces Plan for California to Make Its Own “Cheaper” Insulin
California will manufacture more affordable insulin in a partnership with nonprofit generic drugmaker Civica Rx, Gov. Gavin Newsom announced Saturday during a visit to Southern California. The partnership will provide
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‘Baby Brandon’ Kidnappers get sentenced in San Jose
The two people convicted of kidnapping a 3-month-old baby boy in San Jose last year were formally sentenced to prison Monday. Yesenia Ramirez, the woman who prosecutors deemed the “mastermind”
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Biden approves Alaska oil project despite activists’ outrage
The Biden administration said Monday it is approving the huge Willow oil-drilling project on Alaska’s petroleum-rich North Slope, a major climate move by President Joe Biden that drew quick condemnation
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California Court Rules in Favor of Uber, Lyft in Ride-Hailing Case
App-based ride hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled Monday, allowing the tech giants
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Here’s What You Need to Know About Silicon Valley Bank Collapse
Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is
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President Joe Biden plans to tax the rich to save Medicare
President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and
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Two Americans Dead After Being Abducted in Mexico and Two Others Found Alive
Two U.S. citizens missing since their violent abduction last week in the northern Mexican border city of Matamoros have been found dead and two others are alive, the state’s governor
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Meta plans to fire thousands more this week
Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people
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