Business

Microsoft starts layoffs, with reportedly thousands of job cuts

Microsoft starts layoffs, with reportedly thousands of job cuts

Microsoft told CNBC Thursday that it will eliminate less than 10 percent of its sales force and that three-quarters of the layoffs will be outside the United States. If you are connected and know how to navigate Microsoft , you'll be able to figure it out. We already knew that job cuts were coming. Disappointing sales of Microsoft's Surface computer line - they plunged 26%, dragging down PC sales 7% - undercut fiscal third quarter results, announced in April.


GST realises 'one nation, one tax' dream: Jaitley

GST realises 'one nation, one tax' dream: Jaitley

Security clearance to the Goods and Services Tax Network (GSTN), a not-for-profit private limited company, was delayed as the home ministry was examining threat perception to national security from any of the stakeholders, a ministry official said.


US Private Sector Employment Rises Less Than Expected In June

US Private Sector Employment Rises Less Than Expected In June

The market is expecting that report to show a gain of about 180,000 jobs in June. "For the month of June, jobs were primarily created in the service-providing sector". Mark Zandi, chief economist of Moody's Analytics , said in the report that job growth remains "a stalwart between 150,000 and 200,000". "At this pace, which is double the rate of labor force growth, the tight labor market will continue getting tighter", he added.


Monogram's Stock Soars After Buyout Deal At 22% Premium

Monogram's Stock Soars After Buyout Deal At 22% Premium

Daiwa Securities Group Inc. raised its stake in Monogram Residential Trust by 42.7% in the first quarter. On November 4, 2016 the stock rating was changed to a "Neutral" according to a BTIG Research report which was a cut from the previous "Buy" rating.


Etihad Responds To US Laptop Ban Removal From Its Airports

Etihad Responds To US Laptop Ban Removal From Its Airports

Peter Baumgartner, chief executive, Etihad Airways, said: "Since launching flights between our two capitals of Abu Dhabi and Beijing nine years ago, we have experienced the huge growth of China's outbound tourism market and enjoyed strong demand from business and leisure travellers".


Liberty Interactive buying the rest of HSN in $2.6B deal

Liberty Interactive buying the rest of HSN in $2.6B deal

That unit will include Zulily, a flash-sale site QVC purchased in 2015 for $2.4 billion, as well as the Cornerstone unit of HSN , which includes brands such as Ballard Designs. The company has market cap of $3.12 billion. If you are reading this story on another site, it was copied illegally and reposted in violation of USA & worldwide trademark and copyright law.