Tag Archives: BUSINESS

US private sector added 250,000 jobs in Dec, vs estimate of 190,000

–Private sector job creation surged in December as a strong holiday shopping season pushed companies to hire more workers, according to a report Thursday from ADP and Moody’s Analytics. Companies hired 250,000 new workers to close out the year, well above Wall Street expectations of 190,000. The month was the best for job creation since March and topped the 185,000

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Twitter Planning Hundreds More Job Cuts as Soon as This Week

BLOOMBERG REPORTS: Twitter Inc. is planning widespread job cuts, to be announced as soon as this week, according to people familiar with the matter. The company may cut about 8 percent of the workforce, or about 300 people, the same percentage it did last year when co-founder Jack Dorsey took over as chief executive officer, the people said. Planning for

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AT&T Mulls Reinvention for Web With $86 Billion Time Warner Deal

DirecTV parent wants to own leading Hollywood film, TV studio Merger accord could be reached Sunday, announced by Monday Time Warner Inc. and AT&T Inc. have survived the evolution of color TV and cable over the decades. Now they’re merging to adapt to the latest technological shifts: smartphones and streaming. FOR THE FULL STORY FOLLOW THE LINK   –JR https://www.bloomberg.com/news/articles/2016-10-22/at-t-mulls-reinvention-for-web-with-86-billion-time-warner-deal

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Goldman CEO Blankfein ‘Supportive’ of Clinton for Pragmatism

Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances. Yet in an interview that will air Sunday on CNN’s “Fareed Zakaria GPS,” Blankfein, asked if he personally supports and admires Democrat Hillary Clinton VIEW THE FULL STORY HERE —-JR http://www.bloomberg.com/politics/articles/2016-10-22/goldman-ceo-blankfein-supportive-of-clinton-for-pragmatism

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