The long-expected layoffs at Pixar Animation Studios have begun. Today, leadership at the storied company that traces it origins to the late Steve Jobs and was bought by Disney in 2006 will notify employees of the reductions, The Hollywood Reporter has learned. It is the biggest restructuring in Pixar’s history, although top leadership isn’t impacted….
Dow gains 450 points, major averages notch winning week Traders work on the floor of the New York Stock Exchange. Brendan Mcdermid | Reuters Stocks closed higher Friday and capped off a winning week. The Dow Jones Industrial Average gained 450.02 points, or 1.2%, to settle at 38,675.68. The S&P 500 surged 1.3% to finish…
Today’s report marks a milestone in America’s comeback. Three years ago, I inherited an economy on the brink. With today’s report of 303,000 new jobs in March, we have passed the milestone of 15 million jobs created since I took office. That’s 15 million more people who have the dignity and respect that comes with…
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Stocks ended the week with a thud, closing down on Friday, as investors pulled back after February’s job report and market powerhouse Nvidia (NVDA) had a rare off-day. The S&P 500 (^GSPC) lost 0.7% after logging another record close on Thursday, while the Dow Jones Industrial Average (^DJI) shed 0.2%, with losses pared by a…
Video game publishing giant Electronic Arts is the latest gaming company to slash its workforce. The company announced the restructuring plan Wednesday, telling employees that it would be shedding about 5 percent of its workforce, or more than 650 jobs. “While not every team will be impacted, this is the hardest part of these changes,…
Live updates: Another shockingly good jobs report shows America’s economy is booming CNNWhy the market isn’t freaking out about the hot jobs number Yahoo FinanceHere’s a close look at the extraordinary U.S. job numbers in January NPRJobs Growth of 353000 Blasts Past Expectations as Labor Market Stays Hot The Wall Street JournalJob gains confirm a US economy exceeding expectations The…
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