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☆ Israel won't solve the hostage problem by invading Rafah, former U.S. diplomat says
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael won't solve the hostage problem by invading Rafah, former U.S. diplomat saysJoseph Westphal, senior global fellow at the Lauder Institute and former U.S. ambassador to Saudi Arabia, discusses the outlook for Gaza cease-fire talks.

Persons: Joseph Westphal Organizations: Lauder Institute Locations: Rafah, U.S, Saudi Arabia, Gaza

They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

☆ Ex-St. Louis Police Officer Beaten by Then-Colleagues Is Awarded $23 Million
▼ + stars: | 2024-04-18 | by ( Emily Schmall | ) www.nytimes.com time to read: +1 min

A former police officer who was beaten by other officers while working undercover during a protest against police violence in St. Louis in 2017 was awarded $23 million by a Missouri judge. Luther Hall, the former officer, won the default judgment on Monday against one of his former colleagues after the defendant failed to respond to a lawsuit over the 2017 attack, court records showed. Hall had to endure this severe beating, and while that was happening, he knew it was being administered by his colleagues who were sworn to serve and protect,” Judge Joseph Whyte of the St. Louis Circuit Court said at the hearing, according to KSDK, a local news station. Mr. Hall, who is Black, was attacked during a protest in September 2017 that was organized in response to the acquittal of Jason Stockley, a white police officer who killed a 24-year-old Black man, Anthony Lamar Smith, after a high-speed chase in 2011. The officers accused in the beating are white.

Persons: Louis, Luther Hall, “, Hall, Joseph Whyte, Jason Stockley, Anthony Lamar Smith Organizations: Louis Circuit Locations: St, Missouri

☆ Ex-diplomat discusses Iran's attack on Israel and role China can play
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran's attack on Israel: China could play a big role in reducing contagion risk, ex-diplomat saysJoseph Westphal, former U.S. ambassador to Saudi Arabia, discusses the implications of Iran's drone and missile attack on Israel.

Persons: Joseph Westphal Locations: Israel, China, U.S, Saudi Arabia

☆ Live Updates: Justices to Hear Obstruction Case That Could Bar Charges Against Trump
▼ + stars: | 2024-04-16 | by ( Adam Liptak | ) www.nytimes.com time to read: +6 min

Still, in an earlier case involving a different provision of the law, the Supreme Court said it should be tethered to its original purpose. Mr. Fischer is accused of entering the Capitol around 3:24 p.m. on Jan. 6, 2021, with the counting of electoral ballots having been suspended after the initial assault. But the question for the justices is legal, not factual: Does the 2002 law cover what Mr. Fischer is accused of? Indeed, the judges in the majority in an appeals court ruling against Mr. Fischer could not agree on just what the word meant. By a 5-to-4 vote, the Supreme Court agreed.

Persons: Donald J, Trump, Joseph W, Fischer, Trump’s, “, Mr, Judge Florence Y, Pan, Fischer’s, Justin R, Walker, Judge Walker, corruptly ’, ”, Judge Gregory G, Katsas, ” Judge Katsas, Ruth Bader Ginsburg, Elena Kagan, Kagan, Seuss Organizations: Sarbanes, Oxley, Enron, Capitol, Mr, ” Prosecutors, Yates, Supreme Locations: United States

☆ Watch CNBC's full interview with J&J CFO Joseph Wolk on Q1 earnings
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with J&J CFO Joseph Wolk on Q1 earningsJohnson & Johnson CFO Joseph Wolk joins ‘Squawk Box’ to discuss the company’s first quarterly earnings results, which topped expectations and more.

Persons: Joseph Wolk, Johnson Organizations: J, Johnson

☆ J&J CFO Joseph Wolk on Q1 earnings
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJ&J CFO Joseph Wolk on Q1 earningsJohnson & Johnson CFO Joseph Wolk joins ‘Squawk Box’ to discuss the company’s quarterly earnings results that topped Wall Street’s expectations.

Persons: Joseph Wolk, Johnson Organizations: Johnson

☆ Justices to Hear Obstruction Case That Could Bar Charges Against Trump
▼ + stars: | 2024-04-16 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

The Supreme Court will hear arguments on Tuesday in a case that could eliminate some of the federal charges against former President Donald J. Trump in the case accusing him of plotting to subvert the 2020 election and could disrupt the prosecutions of hundreds of rioters involved in the Capitol attack. The law figures in two of the federal charges against Mr. Trump in his election subversion case, and more than 350 people who stormed the Capitol have been prosecuted under it. If the Supreme Court sides with Mr. Fischer and says the statute does not cover what he is accused of having done, Mr. Trump is almost certain to contend that it does not apply to his conduct, either. The law, signed in 2002, was prompted by accounting fraud and the destruction of documents, but the provision is written in broad terms. Still, in an earlier case involving a different provision of the law, the Supreme Court said it should be tethered to its original purpose.

Persons: Donald J, Trump, Joseph W, Fischer Organizations: Sarbanes, Oxley, Enron, Capitol, Mr

☆ Jan. 6 Obstruction Case at Supreme Court Could Help Trump and Many Others
▼ + stars: | 2024-04-14 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

At first blush, the case the Supreme Court will hear on Tuesday seems technical, requiring the justices to parse a decades-old statute mainly concerned with the destruction of business records. But the case has the potential to knock out half of the federal charges against former President Donald J. Trump for plotting to subvert the 2020 election, entangle hundreds of Jan. 6 prosecutions and help adjudicate the very meaning of the attack on the Capitol. The immediate question for the justices is whether a federal law aimed primarily at white-collar crime, the Sarbanes-Oxley Act of 2002, can be used to prosecute members of the mob who stormed the Capitol, including the defendant in the case, Joseph W. Fischer, a former Pennsylvania police officer. More than 300 people have been prosecuted under the law, which makes it a crime to obstruct an official proceeding. But its language is broad, and prosecutors say its plain terms cover Mr. Fischer’s conduct.

Persons: Donald J, Trump, Joseph W, Fischer, Fischer’s Organizations: Capitol, Sarbanes, Oxley, Enron Locations: Pennsylvania

☆ 6 people who made up to $500,000 a year secretly working multiple remote jobs share why they don't feel guilty — and why there's nothing wrong with 'overemployment'
▼ + stars: | 2024-04-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Read previewIf you could double your income by secretly working multiple remote jobs, would you do it? The share of US remote job postings on LinkedIn fell from over 20% in April 2022 to about 10% in December 2023. AdvertisementWilliam, a Texas-based tech worker in his 30s who told Business Insider he earned over $500,000 in 2022 secretly working multiple remote roles, agreed with this line of thinking. Steven said he didn't feel guilty about job juggling because he was still able to complete all the duties and tasks assigned to him. AdvertisementAre you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?

Persons: —, jugglers, shouldn't, they're, There's, Joseph, hadn't, Joseph isn't, Robert, John, he'd, there's, it's, Steven, overemployment, William, Justin, Xer Organizations: Service, Business, LinkedIn, Amazon, Google, Elon Locations: Florida, California, Asia, Texas

☆ China built a mock-up of key area in Taiwan's capital city at a desert training site, satellite images show
▼ + stars: | 2024-03-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images show China's mock-up of Taiwan's presidential office at a desert training site. AdvertisementOut in the desert at a military training site, China has built a mock-up of a key area of Taiwan's capital city where the presidential office and other government buildings are located, satellite images show. Related storiesThe office mock-up was a convincing replica. A general view of the Presidential Office Building in Taipei. People watch a video about China's military advancements at the Military Museum in Beijing on March 3, 2024.

Persons: —, Joseph Wen, Wen, it's, Walid Berrazeg, Chiu Kuo, cheng, John Aquilino, GREG BAKER, Party's Lai Ching, Hou Organizations: Service, Alxa League, Planet Labs, Business, Planet, CCTV, Presidential, Rocket Force, Alxa, US, Pacific Command, US Armed Services House Committee, Military Museum, Getty Images, Democratic, ih Locations: China, Taiwan, Alxa, Mongolia, Taipei, Taiwan's, Zhurihe, Inner Mongolia, Beijing, AFP, Getty Images China, It's

☆ Taiwan’s Top Diplomat Says U.S. Aid to Ukraine Is Critical for Deterring China
▼ + stars: | 2024-03-28 | by ( Edward Wong | ) www.nytimes.com time to read: +1 min

Joseph Wu, the foreign minister of Taiwan, said on Thursday that a halt in U.S. arms shipments to Ukraine would embolden China in its aggressions against Taiwan and fuel propaganda from Beijing that the United States is an unreliable partner. “When people ask us whether it is OK for the United States to abandon Ukraine, the answer is no, because the world is operating not in a black-and-white way, or if you only look at one theater at a time,” he said. “The world is interconnected.”If Russia is able to occupy more of Ukraine and claim victory, he added, “it would be seen as a victory of authoritarian states because Russia, China, North Korea and Iran, they are now linked together.”Mr. Wu’s comments, made in a wide-ranging hourlong interview in Taipei, come as the Biden administration tries to get Congress to pass a supplemental funding package that would give $60 billion of aid to Ukraine.

Persons: Joseph Wu, “, ”, ” Mr, Wu’s Organizations: Biden Locations: Taiwan, Ukraine, China, Beijing, United States, Russia, North Korea, Iran, Taipei

Here is what the commission found in a report released Friday, and some of the reactions:GUNS NOT SEIZEDLaw enforcement should have seized Card’s guns and put him in protective custody weeks before he committed the deadliest mass shooting in state history, the commission concluded. “I’m in agreement with the committee’s findings as far as they go, and I do think it’s a legitimate point that the Sagadahoc Sheriff’s Office could have done more to intervene,” he said. Janet Mills, who helped assemble the panel, said its work is of “paramount importance for the people of Maine.” She said she would “carefully review” the report. Maine State Police and the sheriff’s office did not respond to calls seeking comment. The commission, led by a former chief justice of Maine’s highest court, plans to schedule more meetings and issue a final report in the summer.

Persons: MEREDITH, Robert Card, Aaron Skolfield, Leroy Walker, Joseph, ”, Walker, Ben Gideon, “, ” Gideon, Elizabeth Seal, Joshua, Janet Mills, Daniel Wathen, isn’t, ” Wathen Organizations: Army, Saco Armory, Auburn City Council, ” Democratic, Maine State Police Locations: N.H, Lewiston , Maine, Saco, Sagadahoc, Maine

☆ Congressman presses Elon Musk to provide SpaceX satellite services for US defense forces in Taiwan, report says
▼ + stars: | 2024-02-25 | by ( John L. Dorman | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A Congressman is urging Elon Musk to give SpaceX Starshield access to US forces in Taiwan. AdvertisementElon Musk is facing pressure to provide SpaceX's Starshield satellite network to US defense personnel in Taiwan, according to Forbes. However, the outlet described a "group of US lawmakers" were involved in the calls for Musk to provide satellite access to US defense forces in Taiwan. The letter then called on Musk to brief the select panel regarding Starshield's capabilities in Taiwan by March 8, Forbes reported. The request could present challenges for Musk, who has considerable business ties in China, where Tesla has a significant manufacturing presence.

Persons: Elon Musk, Forbes, —, Elon, Mike Gallagher, Musk, Gallagher, Taiwan's, Lai Ching, Tesla, hasn't, Joseph Wu Organizations: SpaceX, Service, Forbes ., Forbes . Wisconsin GOP, US Defense Department, Forbes, Street, Chinese Communist Party, New York Times, United States Congress, Times, Business Locations: Taiwan, China, Forbes, Forbes . Wisconsin, Russian, Starshield, Hong Kong

The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get access to SpaceX's Starshield, a satellite communication network designed specifically for the military. The letter, obtained by CNBC and first reported by Forbes, claimed that by not making Starshield available to U.S. military forces in Taiwan, SpaceX could violate its Pentagon contract, which requires "global access" to Starshield technology. The letter requests that Musk provide the House committee with a briefing on its Taiwan operations by March 8. Taiwan has been governing itself independently of China since the island split from the mainland during the 1949 civil war. "I think I've got a pretty good understanding as an outsider of China," Musk said on the All-In Podcast.

Persons: Elon Musk, Tesla, Forbes, Mike Gallagher, Gallagher, Tsai Ing, Lai Ching, Musk, I've, Jaushieh Joseph Wu Organizations: Fratelli, Chinese Communist Party, Elon, CNBC, SpaceX, Pentagon, U.S ., Rep, CCP, Starshield, Russia, U.S, Tesla, Foreign Locations: Italy, Rome, Taiwan, China, American, Shanghai, Hawaii

LATTINGTOWN, N.Y. (AP) — The wife and daughter of John Gotti Jr., the namesake son of the notorious New York mob boss John “Dapper Don” Gotti, are facing assault charges stemming from a fistfight with a woman at a high school basketball game on Long Island. Kimberly Gotti, 55, and her daughter Gianna Gotti, 25, are accused of assaulting the woman after she asked them to stop cursing at players from the bleachers. John and Kimberly Gotti's son Joseph was on the court playing for Oyster Bay High School against rival Locust Valley High School on Thursday night. The Gottis, who were each charged Friday morning with third-degree assault, disputed the woman's account. John Gotti Jr. told reporters on Thursday the woman assaulted his wife first.

Persons: John Gotti Jr, John “ Dapper Don ” Gotti, Kimberly Gotti, Gianna Gotti, Kimberly Gotti's, Joseph, Kimberly, Gianni Gotti, “, ” Organizations: New, Oyster Bay High School, Locust Valley High School, Nassau District Court Locations: New York, Long, Nassau District

☆ This little-known genome editing stock is poised to surge more than 60%, JPMorgan says
▼ + stars: | 2024-01-29 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

JPMorgan thinks investors should flock to biotechnology company Beam Therapeutics , which the firm says stands to benefit from increased market share and a strong gene therapy pipeline. "We see BEAM outperforming our coverage over the mid-term, with current levels being an attractive entry point," the analyst said. The stock is down more than 4% so far this year, and has lost more than 42% over the past 12 months. BEAM 1Y mountain Beam stock. He added that BEAM-302 is "uniquely positioned" as a one-time genetic medicine for AATD, particularly given its success in preclinical trials.

Persons: Eric Joseph, Joseph Organizations: Beam Therapeutics, TAM Locations: U.S, 1H24

☆ Johnson & Johnson to settle talc baby powder investigation, will reportedly pay $700 million
▼ + stars: | 2024-01-23 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Johnson & Johnson has reached a tentative settlement to resolve an investigation by more than 40 states into claims the company misled patients about the safety of its talc baby powder and other talc-based products, the company said in a statement to CNBC on Tuesday. Those cases have for decades caused financial and public relations trouble for J&J, which contends that its talc-based products and now-discontinued talc baby powder are safe for consumers. J&J said in an October securities filing that 42 states and Washington, D.C., had launched a joint investigation into its marketing of talc-based products. The company will pay $700 million to settle the probe, its CFO Joseph Wolk told The Wall Street Journal on Tuesday.

Persons: Johnson, J, Joseph Wolk Organizations: Johnson, CNBC, D.C, Wall Locations: San Anselmo , California, Washington

☆ J&J CFO Joseph Wolk on Q4 earnings beat: Near- and long-term looks very strong at the company
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJ&J CFO Joseph Wolk on Q4 earnings beat: Near- and long-term looks very strong at the companyJohnson & Johnson CFO Joseph Wolk joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported fourth-quarter earnings and revenue that narrowly edged out Wall Street’s expectations.

Persons: Joseph Wolk, Johnson

☆ The surprising history of the barcode
▼ + stars: | 2024-01-18 | by ( Jordan Frith | Clemson University | ) edition.cnn.com time to read: +7 min

The bull’s-eye barcode introduced in Woodland and Silver’s 1949 patent. Despite being the first barcode to be officially adopted by an industry, the multicolored design of the Kartrak symbol is now just a footnote in history. The seven barcode symbol finalists displayed in the official internal reports of the symbol selection committee. The bull’s-eye barcode, after all, was the original barcode symbol, and RCA was a powerful company that had invested significant resources in developing the technology. RCA’s main competitor was a latecomer to the battle for barcode dominance: the IBM symbol invented in the early 1970s by George Laurier.

Persons: They’ve, I’ve, Becker, Bredel, Joseph Woodland, Bernard Silver, Theodore H, Maiman, Kartrak, Carecogn, George Laurier, Stephen Brown, ’, Jordan Frith Organizations: CNN, Stony Brook University, RCA, Litton, IBM, Communication, Clemson University Locations: They’re, Woodland, Troy , Ohio, Clemson , South Carolina

☆ Incoming Guatemala President Meets With Taiwanese Officials Ahead of Inauguration
▼ + stars: | 2024-01-13 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

GUATEMALA CITY (Reuters) - Guatemala's President-elect Bernardo Arevalo met with Taiwan's foreign minister to discuss strengthening commercial ties on Saturday, the Central American nation's incoming government said in a statement. Arevalo has said he aims to expand ties with China while maintaining diplomatic relations with Taiwan. The Central American country is one of only 13 nations that maintain diplomatic ties with Chinese-claimed Taiwan. Honduras in March ended its decades-long relationship with Taipei in favour of Beijing following the election in late 2021 of Xiomara Castro as president. Herrera met earlier with Wu and Taiwanese Ambassador Miguel Li-jey Tsao to discuss "possibilities of cooperation," according to an earlier statement.

Persons: Bernardo Arevalo, Arevalo, Karin Herrera, Xiomara Castro, Joseph Wu, Arevalo's, Herrera, Wu, Miguel Li, Tsao, Sofia Menchu, Cassandra Garrison, Marguerita Choy, Diane Craft Organizations: GUATEMALA CITY, Central American, The Central, Taiwan's Locations: GUATEMALA, China, Taiwan, Honduras, Taipei, Beijing

☆ Johnson & Johnson forecasts as much as 6% sales growth in 2024
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Dec 5 (Reuters) - Johnson & Johnson (JNJ.N) on Tuesday forecast revenue growth of 5-6% for the next year, as it banks on strong demand for cancer treatments Darzalex and Carvykti and resilient sales of blockbuster drug Stelara. The company has narrowed its focus on its drugs and medical devices business since it hived off its consumer health unit earlier this year. Sales of blockbuster psoriasis treatment Stelara in Europe are expected to come under pressure as early as next year as a key patent on the drug expires. Sales of the drug largely come from its use as a treatment for inflammatory bowel diseases (IBD), Wolk said. J&J's 2024 revenue growth forecast excludes sales of its COVID vaccine.

Persons: Johnson, Joseph Wolk, Wolk, J, Bhanvi, Patrick Wingrove, Anil D'Silva Organizations: Johnson, Thomson Locations: Europe, United States, Bengaluru, New York

☆ The Executives Who Could Be Johnson & Johnson’s Next CEO
▼ + stars: | 2023-12-04 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

J&J is one of the best-known healthcare companies in the world, with more than 130,000 employees. Photo: Mark Kauzlarich/Bloomberg NewsThe succession race is on at Johnson & Johnson , after the abrupt departure of a top executive widely believed to have been in line for the healthcare company’s top job. Jennifer Taubert , a no-nonsense veteran who runs J&J’s pharmaceuticals business, and the investor-minded Chief Financial Officer Joseph Wolk are leading contenders for the top job after the surprising exit of J&J’s medical-device head Ashley McEvoy in October, people familiar with the succession race said.

Persons: Mark Kauzlarich, Johnson, Jennifer Taubert, Joseph Wolk, Ashley McEvoy Organizations: Bloomberg, Johnson

Barra said at a media event an ongoing outside external safety review will guide the company's path forward and is expected to be completed in early 2024. "We'll work through the challenges we have right now at Cruise," Barra said. She declined to offer an opinion on whether she thought regulators have treated Cruise more harshly than Tesla Autopilot. She also declined to say how much money GM is willing to spend on Cruise going forward until it completes its assessments and has a plan to move ahead. Reporting by Joseph White and David Shepardson; Editing by Leslie Adler and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Mary Barra, Barra, Cruise, Joseph White, David Shepardson, Leslie Adler, Stephen Coates Organizations: General Motors, DETROIT, Detroit, California Public Utilities Commission, Thomson Locations: Cruise, United States, California

☆ Tech firms, Wall Street lead job cuts in Corporate America
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +9 min

TECHNOLOGY, MEDIA AND TELECOM SECTORMeta Platforms (META.O):The Facebook-parent said it would cut 10,000 jobs, just four months after it let go 11,000 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. The company laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. Workday (WDAY.O):The software company will cut roughly 500 jobs, or 3% of its workforce, citing a challenging macroeconomic environment. Morgan Stanley (MS.N):The Wall Street powerhouse was planning to cut about 3,000 jobs in the second quarter ended June 30, Reuters reported in May.

Persons: Brendan McDermid, Goldman Sachs, Axios, Pat Gelsinger, Elon Musk, Morgan Stanley, Lazard, Coinbase, cryptocurrencies, Phillips, Johnson, Joseph Wolk, Deborah Sophia, Akash Sriram, Granth Vanaik, Eva Mathews, Yuvraj Malik, Sourasis Bose, Priyamvada, Tiyashi Datta, Manya Saini, Jaspreet Singh, Maju Samuel, Sriraj Kalluvila, Pooja Desai Organizations: REUTERS, TELECOM, Meta, Facebook, IBM Corp, Spotify Technology SA, Spotify, Microsoft Corp, Intel Corp, Reuters, New York Times, Elon, Cisco Systems, HP, Rivian, Match, Dell Technologies, Technologies, U.S . Central Intelligence Agency, Goldman Sachs, Wall, Citigroup, Bloomberg News, BlackRock, Bed, Dow, Johnson, 3M, Thomson Locations: New, Wall, U.S, York, New Jersey, Bengaluru

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