Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
Amazon.com Inc. is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening.
Bloomberg Tech
Schroders Asks Investors to Ratchet Up Nature Fund Allocations
CEO says 2023 will mark a “turning point” in how investment world treats biodiversity risks.
Schroders Urges Investors to Ratchet Up Nature Fund Allocations
CEO says 2023 will mark a “turning point” in how investment world treats biodiversity risks.
An $8 Billion Phone Subsidy for Poor Is Targeted by Conservative Group
(Bloomberg) — A decades-old subsidy that helps poor people and rural areas pay for telecom services is at risk in a legal battle that could heat up in 2023 — and saddle tech companies with new fees if the program needs rebuilding after the litigation.
Amazon’s Ring Launches Long-Awaited Dashboard Camera at CES
Amazon.com Inc.’s Ring division introduced its first car dashboard camera after a two-year delay, expanding beyond home security with a new category.
Berlin Tries to Cut Private Car Use With One-Stop Mobility App
The city’s public transport operator has built a go-to platform for getting around.
IRS Ticks Off Tesla and Makes Hyundai Happy With EV Tax Credits
The US government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.
Behind FTX’s Turbocharged Push to Attract Small Crypto Savers
Early last year, cryptocurrency exchange FTX US was setting its sights on a vast pool of money: individual retirement accounts, or IRAs.
Jefferies Jumps After Sumitomo Mitsui Eyes a Larger Stake
(Bloomberg) — Jefferies Financial Group Inc. shares surged Wednesday on a report that Japan’s Sumitomo Mitsui Financial Group Inc. is considering raising its stake in the US investment bank.
