Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds
FRANKFURT, Germany — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing…
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Comcast to spin off cable networks, once star performers at the entertainment giant
Comcast will spin off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company. The shift, which comes…
Target struggles in the third quarter and offers tempered outlook for the holidays
NEW YORK — Target etched out a slim sales increase in the third quarter but profits slumped as inflation-weary customers pulled back on spending and…
Western embassies in Kyiv shut due to Russian air attack threat after Biden policy shift
KYIV, Ukraine — The U.S. and some other Western embassies in Kyiv said that they would stay closed today for security reasons, with the American…
Higher energy bills push UK inflation to 6-month high in October
LONDON — Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the Bank…
Japan records a trade deficit in October for a 4th straight month, despite export recovery
TOKYO — Japan racked up a trade deficit in October for a fourth straight month as a weak yen and rising energy prices kept import…
2 businesses plan projects for Maquoketa industrial park
MAQUOKETA, Iowa — A pair of manufacturing businesses are planning significant developments at the Highway 61 Industrial Park. Maquoketa City Council members on Monday approved…
Jersey Mike’s sandwich chain is acquired by private equity firm Blackstone
NEW YORK — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is “intended to help…
Microsoft pitches AI ‘agents’ that can perform tasks on their own at Ignite 2024
CHICAGO — Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where it’s taking its…
Volunteers came back to nonprofits in 2023, after the pandemic tanked participation
From foster grandparents who volunteer at an early child care center to citizen scientists who collect water quality data in remote locations, nonprofit volunteers have…