(Reuters) – Meta Platforms (NASDAQ:META) will trim about 5% of its “lowest performers” and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts

Investing.com — The Biden administration is anticipated to life the U.S. designation of Cuba as a state sponsor of terrorism on Tuesday, as reported by the Associated Press. The White House National Security Council officials have not commented on this

WASHINGTON (Reuters) -The U.S. filed a civil lawsuit on Tuesday against private equity firm KKR & Co (NYSE:KKR), “for repeatedly flouting the premerger antitrust review process,” alleging the company avoided antitrust scrutiny for at least 16 deals from 2021 to

By Nikhil Sharma and Pranav Kashyap (Reuters) – European shares wrapped up Tuesday little changed as the pressure from rising yields continued to weigh on regional equities, while looming threat of tariffs from U.S. President-elect Donald Trump kept investors on edge. The

Investing.com — Morgan Stanley downgraded Chegg Inc (NYSE:CHGG) to “Underweight” on deteriorating third-party data trends and a challenging competitive environment. The brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins. Web traffic and app downloads weakened