Brightdrop EV600 van Source: Brightdrop DETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of 2025, the company confirmed Friday. The CAMI assembly plant in Ingersoll, Ontario, will be reduced from two shifts to one — eliminating 500 jobs…
Businesses both large and small tell CNBC that the latest round of President Donald Trump’s tariffs, targeting countries all over the world and taking the trade levies up to the highest rates in a century, could result in freight being abandoned at ports as cash-strapped owners and CEOs reject incoming goods that could financially wipe…
The Food and Drug Administration has gutted a division responsible for training agency staff and outside health-care professionals on an array of key public health, regulation and safety practices and supporting professional development for employees, CNBC has learned. In an email viewed by CNBC, workers were notified that the Division of Learning and Organizational Development,…
An image provided by Pindrop Security shows a fake job candidate the company dubbed “Ivan X,” a scammer using deepfake AI technology to mask his face, according to Pindrop CEO Vijay Balasubramaniyan. Courtesy: Pindrop Security When voice authentication startup Pindrop Security posted a recent job opening, one candidate stood out from hundreds of others. The…
Source: Cunaplus_M.Faba / Getty Donald Trump’s administration vowed to rid America of diversity, equity, and inclusion because they don’t believe in meritocracy, they believe in whiteness. In their minds, white people, specifically straight white men, are always the best option for the job. If a negro, Mexican, Asian, or other ethnic group just so…
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at the…
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The U.S. aviation industry on Wednesday urged Congress to approve “robust emergency funding” for air traffic control technology and staffing. Three weeks…
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021. Luke Sharrett | Bloomberg | Getty Images KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday. About 100 KFC U.S. employees will be required to relocate…
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The…
Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the trans-Atlantic automaker has for U.S. investments when meeting with President Donald Trump…
