NEW YORK – Citigroup eliminated more jobs this week after going through an overhaul last year, as part of a sweeping reorganisation under chief executive officer Jane Fraser to curb costs.
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Following the recent CNF update highlighting that Tether leads the stablecoin market with 109 million wallets in Q4, the stablecoin debuted on Kraken’s Layer-2 network, Ink. Plans are underway to ...
BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...
The lender declined any further comment. A chunk of restructuring was completed last year after Fraser presented a plan in late 2023 to increase earnings, streamline operations and address long ...
The plans include $700 million in state expenditure cuts, full Medicaid funding, an expected voucher expansion and $400 million added to the rainy-day fund. “Through targeted cost reductions and ...
Court says since 1968, when the FAIR Plan was created, the legislative assumption was that insurance companies are on the hook for the full cost of the damages. He says that changed this past June.
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In 2023, its legacy unlimited plans’ costs were increased by $2 per month. In 2015, Verizon imposed a $20 price increase on unlimited data subscribers on grandfathered plans, bringing those ...
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed ...
In his opening statement, Mr. Bessent said that Mr. Trump’s plans represented a “generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity ...