Business
IBM cuts 3,900 jobs, misses annual money purpose
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Chief Financial Officer James Kavanaugh told Reuters that the company was still “committed to hiring for client-facing research and development…
Business
Fed desires to give a seize to bank supervision: Powell
Fed needs to strengthen bank supervision: Powell
Business
Funding, governance key to Adani co rankings
Access to financing and any future alteration in the assessment of governance standards at the Adani Group remain key rating-action risks for the infrastructure conglomerate, S&P Global Ratings said Wednesday in a report.Analysts Abhishek Dangra and Richard M Langberg, authors of the report, also said serious lapses uncovered in the ongoing scrutiny of the conglomerate…
Business
Chip warfare & censorship hotfoot Chinese tech giants
Chip war & censorship hobble Chinese tech giants
Fed desires to give a seize to bank supervision: Powell
Funding, governance key to Adani co rankings
Chip warfare & censorship hotfoot Chinese tech giants
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