Business

Mary Barra, CEO, GM at the NYSE, November 17, 2022.Source: NYSEDETROIT – General Motors plans to cut hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.The cuts are expected to affect about 500 positions, according to...

It’s one thing to get laid off from a prestigious bank like Goldman Sachs. It’s another to have that happen after showing up for what you thought was a routine meeting. On Wednesday, Goldman eliminated 3,200 jobs, or roughly 6.5% of its workforce. That came as no surprise as...

David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty ImagesGoldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Tuesday.Here's...

Single-use plastic products such as straws, cutlery and takeaway containers are a major contributor to the planet’s growing pollution problem. Many consumers are unaware of the impact that these types of products can have on our environment, from the materials used in their production to the waste...

As an entrepreneur, nothing should be of more importance to you than your personal growth and development. However, getting into this mindset requires a lot of work. That’s why you need to maintain a few things. In this article, we’ll talk about four things you can do to weave...

In the field of business, there are many different career options available. From accounting and finance to marketing and management, there are a variety of positions that can suit any individual's skills and interests. Keep reading to learn more about different roles in the field of business.

In this heyday of A.I. innovation, organizations are pouring tens of billions of dollars into A.I. development. However, for all the money invested in capabilities, there has not been commensurate investment in A.I. governance. Some companies may take the position that when world governments release A.I. regulations, that will...

Indeed, Feeding America, a nonprofit that supports and connects roughly 60,000 food banks and pantries nationwide, has said that at least half of its members are seeing more demand for their services. And many journalists are reporting about struggling parents waiting in long lines for free food. We are...

Many people avoid thinking about taxes until the April deadline rolls around each year. But by then it may be too late to take advantage of the top strategies to cut down your tax bill—or get a bigger refund. Take some time before January 1 to check off these...

Key Takeaways for High Risk Merchant Accounts in 2024: Reputed high-risk merchant service providers help navigate complex high-risk sectors Fraud prevention technologies are invaluable. They protect revenue and reputation by reducing chargebacks and fraud Multi-currency...

The Aramco logo is displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSaudi Arabia's state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company.Aramco said net income...

American Car Center told employees the business was closing its doors, a day after it pulled a $222 million bond sale from the market, according to people familiar with the matter.  The used car retailer, which tends to target consumers regardless of their credit history, said in an email...