Pixar is laying off 14% of its workforce as Disney scales back content
Long-expected layoffs are hitting Pixar Animation Studios on Tuesday.
Pandemic asian news
AstraZeneca targets $80 billion in total revenue by 2030 in 'post-Covid era'
LONDON — Pharmaceutical company AstraZeneca on Tuesday said it planned to increase its total revenue to $80 billion by 2030 — up 75% from $45.8 billion in 2023.
Dubai Airports expects record passenger traffic this year, set to top 100 million by 2027
The CEO of Dubai Airports is bullish on the future and expects passenger traffic to surge to a record this year and top 100 million by 2027.
Lai Ching-te inaugurated as Taiwan’s president in a transition likely to bolster island’s US ties
TAIPEI, Taiwan (AP) — Taiwan inaugurated Lai Ching-te as its new president Monday, installing a relative moderate who will continue the self-governing island democracy’s policy of de facto independence while seeking to bolster its defenses against China.
Some consumers are punting big purchases like pools and mattresses
Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite.
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington.
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent.
Singapore Airlines staff to get nearly 8 months of bonus after record profit
Singapore Airlines Ltd. staff, including pilots, may get a profit-sharing bonus of 7.94 months, the Straits Times reported, citing an announcement it had seen from chief executive officer Goh Choon Phong.