Tag Archives: employment and income status

[ad_1] Disney (DIS) is planning to freeze hiring and cut some jobs as it strives to move the Disney (DIS)+ streaming service to profitability against a backdrop of economic uncertainty, according to a memo seen by Reuters on Friday. Chief Executive Bob Chapek sent the memo to Disney’s leaders, saying …

[ad_1] CNN  —  A man made a run to Walmart in Rocky Mount, North Carolina, and came home $100,000 richer. Michael Buck told North Carolina Education Lottery officials that a store employee convinced him to buy a ticket for the record $2.04 billion Powerball drawing. “The girl at the pharmacy …

[ad_1] CNN  —  CNN Opinion contributors share their thoughts on the outcome of the 2022 midterm elections. The views expressed in this commentary are their own. Florida Gov. Ron DeSantis sent a clear message to every Republican voter Tuesday night: My way is the path to a national majority, and …

[ad_1] New York CNN  —  Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed …

[ad_1] New York CNN Business  —  The US economy added 261,000 jobs in October and the unemployment rate rose to 3.7%, according to the latest monthly employment snapshot from the Bureau of Labor Statistics released Friday morning. The total job gains were lower than the revised September number of 315,000, …

[ad_1] CNN  —  At the Senior Friendship Center in Sarasota, Florida, talking about inflation really strikes a chord. At a card table there, CNN met with a group of seniors, all on fixed incomes, who spoke about feeling the squeeze from steep price hikes over the past year. Katherine Janes, …

[ad_1] CNN  —  China’s top leader Xi Jinping is set to begin a norm-breaking third term with an even greater concentration of power, after retiring key party leaders from the top ruling body to make room for his own allies. The week-long Communist Party Congress concluded Saturday with the ushering …

[ad_1] CNN  —  The Uvalde school board unanimously accepted the retirement of superintendent Hal Harrell on Wednesday, nearly five months after one of the deadliest mass school shootings in US history at an elementary school in the Texas district. Harrell had announced last week he’d step aside amid continued backlash …

[ad_1] Hong Kong CNN Business  —  When Xi Jinping came to power a decade ago, China had just overtaken Japan to become the world’s second largest economy. It has grown at a phenomenal pace since then. With an average annual growth rate of 6.7% since 2012, China has seen one …

[ad_1] Uvalde, Texas CNN  —  Hal Harrell, superintendent of the Uvalde Consolidated Independent School District, announced his retirement Monday, according to a Facebook post by his wife, Donna Goates Harrell. “I am truly grateful for your support and well wishes. My decision to retire has not been made lightly and …