Major corporations in the media, retail and technology sectors have conducted mass layoffs to trim costs as they invest in AI, and after bulking up workforces during the pandemic. High interest rates are also contributing to layoffs at tech companies, in particular. A number of companies across sectors kicked off 2024 by announcing they are slashing jobs on the heels …
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The company behind a global recall of sleep apnea machines said Monday it will stop selling the devices in the U.S., under a tentative agreement with regulators that could cost the manufacturer nearly $400 million. Device maker Philips has recalled more than 5 million pressurized breathing devices due to risks that their internal foam can break down over time, leading …
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Medical innovation is an incredible thing. Thanks to recent advancements on the medical stage, people around the world are living longer now than ever before, according to the World Health Organization. That’s great news, but it does pose some challenges. One of the most significant challenges posed by living longer is an increased risk of needing long-term care later in …
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Washington — Three men stand accused of devising a murder-for-hire plot in the U.S. against an Iranian dissident and a woman with whom the dissident fled, according to a recently unsealed federal indictment. Justice Department prosecutors alleged Naji Sharifi Zindashti, working from Iran, orchestrated the international scheme over two years, from 2020 to 2021. They said in the indictment that …
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Washington —House Democrats released a report on Monday defending Defense Secretary Alejandro Mayorkas against an impeachment effort they call a “politically motivated sham” aimed at appeasing the far right. In their 29-page report, which comes ahead of a House Homeland Security Committee vote on a resolution to impeach the cabinet secretary set for Tuesday, Democrats on the committee argued that …
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Britain’s King Charles III was discharged from a private London hospital after a scheduled treatment for an enlarged prostate, Buckingham Palace said in a statement Monday. The palace said the monarch had “rescheduled forthcoming public engagements to allow for a period of private recuperation.” The palace said when it first announced his upcoming the procedure that the king’s condition is …
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CHICAGO (CBS) — Former President Donald Trump’s name will stay on the ballot in the March primary in Illinois, after the state’s election board ruled Tuesday it doesn’t have the authority to determine whether he violated the insurrection clause of the 14th Amendment. At a hearing Tuesday morning, the Illinois State Board of Elections agreed with a hearing officer’s recommendation …
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Last spring, amid high (and rising) interest rates, many people turned to savings accounts to help buffer higher borrowing costs. By opening a certificate of deposit (CD) or high-yield savings account, you were likely to earn many times more interest than you would have by simply leaving your money in a regular savings account, the latter of which still comes …
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House hunters frequently consider price per square foot when they’re shopping for real estate because the figure can provide value comparisons with other properties in the same area. But looking at a neighborhood’s average selling price on a square-foot basis can also shed some insight into where America’s priciest and cheapest real estate is located. A new report from home …
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She was there for the Chiefs’ AFC wild card game, the playoffs matchup against the Bills and the AFC championship win against the Ravens, but can Taylor Swift make it to the Super Bowl? The singer has concerts scheduled in Tokyo on Feb. 7, 8, 9 and 10 as part of herEras Tour. Super Bowl LVIII will be played thousands …
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