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Inversiones y negocios

Stellantis Announces Job Cuts as Ram ‘Classic’ Model Ends Production

Stellantis Announces Job Cuts as Ram ‘Classic’ Model Ends Production

More news - Breaking news Stellantis, a major player in the automotive industry, has announced plans to lay off approximately 2,450 jobs in the United States by the end of the year. This decision is in line with the end of production of the Ram 1500 'Classic' model at its Michigan plant. Since its debut following the launch of a new Ram 1500 model in 2018, the “Classic” variant has been an affordable option for early buyers and commercial fleets. This vehicle is produced at the Warren Truck Assembly Plant, which also produces models such as the Jeep Wagoneer and…
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Paramount Global significantly cuts U.S. workforce as Q2 earnings lift shares

Paramount Global significantly cuts U.S. workforce as Q2 earnings lift shares

More news - News 24 hours Paramount Global has announced a 15% reduction in its U.S. workforce, in line with a global cost-cutting strategy in anticipation of its upcoming merger with Skydance Media. The company disclosed plans to achieve $500 million in cost savings, contributing to a larger $2 billion in synergies expected from its merger with Skydance. The upcoming layoffs, scheduled to begin soon and be completed by the end of the year, will primarily affect departments such as marketing, communications, finance, legal, technology and other support roles, the company noted in its recent earnings conference call. Last month,…
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Unexpected drop in weekly jobless claims offers hope for U.S. labor market

Unexpected drop in weekly jobless claims offers hope for U.S. labor market

More news - Recent news On the busy streets of New York City, amid the daily hustle and bustle, a storefront displays a sign that simply reads “Jobs.” This sign, captured on August 2, 2024, could symbolize a sea change in the U.S. labor market. Initial jobless claims fell more sharply than expected last week, suggesting resilience in an otherwise uncertain labor market. According to the latest data from the Labor Department, new jobless claims fell to a seasonally adjusted 233,000, down 17,000 from the previous week’s revised figure. That number not only beat expectations, but also fell below the…
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Major U.S. brands, from Starbucks to General Mills, face sales challenges in China

Major U.S. brands, from Starbucks to General Mills, face sales challenges in China

More news - News 24 hours The snapshot captures a McDonald's outlet in Yichang, Hubei Province, China, as of July 30, 2024. Recent financial disclosures have revealed a clear pattern: American companies are grappling with diminishing returns in the Chinese market. China's vast market, with a population four times that of the United States, has long been a magnet for international companies, due to its size and growth potential. However, the ongoing economic slowdown, combined with intense domestic competition and strained relations between the United States and China, is now impacting the profits of these multinational companies. Christopher Kempczinski, McDonald's…
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Disney Announces Price Increases for Hulu, Disney+, and ESPN+ Streaming Services

Disney Announces Price Increases for Hulu, Disney+, and ESPN+ Streaming Services

More news - News 24 hours Disney is set to raise subscription fees for its streaming platforms, including Disney+, Hulu and ESPN+, starting in mid-October. The company announced Tuesday that most plans for these services will see a $1-2 per month price increase. The biggest increase will be Hulu’s live TV packages, which will increase by $6 per month. For Disney+, the basic plan will now cost $9.99 per month, while the premium plan will be priced at $15.99. Hulu’s ad-supported plan will cost $9.99 per month, and the ad-free version will cost $18.99. ESPN+, which includes ads, will be…
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