Nokia to cut up to 10,000 jobs to ramp up R&D in 5G race
HELSINKI — Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or more than 10% of its staff, to reduce…
AP Wire
US air travel rises to highest levels yet since pandemic hit
Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security…
US air travel rises to highest levels yet since pandemic hit
The number of people flying in the United States has eclipsed the year-ago level for the first time in the pandemic period, although travel remains…
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of the…
What to do if you are a victim of unemployment fraud
Unemployment fraud in the U.S. has reached dramatic levels during the pandemic — the Labor Department inspector general’s office estimates that more than $63 billion…
Stripe raises $600 million, company valued at $95 billion
The online payment company Stripe continues to attract investors, raising $600 million in funding to reach a whopping company valuation of $95 billion. Stripe is…
Tussle between US, allies over vaccine supply escalates
BRUSSELS — Millions of coronavirus vaccine doses are in cold storage in the U.S. that can’t be injected in the states because they are not…
German IT safety chief: act on Exchange hack or go offline
BERLIN — The head of Germany’s cybersecurity agency warned IT system administrators today to swiftly patch known holes in Microsoft Exchange servers or take those…
Ant Group CEO resigns for personal reasons
The CEO of Ant Group, the world’s biggest financial technology company, has resigned from the company due to personal reasons. Ant Group thanked Simon Hu…
Spiking energy leads wholesale prices up 0.5% in February
WASHINGTON (AP) — Energy prices continued to rocket higher in February, though overall wholesale prices moderated after a record jump in January. The Labor Department’s…