Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Paytm parent One97 cuts losses by 28% to…
Mumbai:Paytm’s parent One 97 Communications has cut its losses by 28% to Rs 2,833 crore in 2019-20, on the back of curtailed expenses, regulatory filings accessed by ET through business intelligence platform Toffler showed. The…
Mnuchin decision cuts Fed lending power, but sources…
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell share an elbow bump greeting prior to testifying before a House Financial Services Committee hearing on oversight of the Treasury Department's and Federal Reserve's…
The growing U.S. deficit raises questions about funding…
Monica MurphySINGAPORE — The U.S. deficit is already burgeoning and it's set grow even bigger as lawmakers push for a second stimulus package to beat the pandemic fallout.The additional costs of funding the package will…
Today’s older workers may see the first cuts…
Many young Americans say they don’t expect to get Social Security when they retire, but it’s the older workers of today who may see the first cuts to their benefits. The Congressional Budget Office released…
Salesforce cuts about 1,000 jobs even as stock…
Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on October 18, 2019.NICHOLAS KAMM | AFP | Getty ImagesSalesforce is cutting about 1,000 jobs, or…
Preventing Social Security benefit cuts is a top…
A President Donald Trump and a former Vice President Joe Biden supporter converse before the Joe Biden Campaign Rally at the National World War I Museum and Memorial on March 7, 2020 in Kansas City,…
Amazon cuts more than 1,200 delivery contract jobs,…
More than 1,200 Amazon delivery drivers have been laid off in recent months after the company cut contracts with several small delivery companies across the country. Amazon informed at least seven firms that are a part…
Goldman Sachs cuts quarterly earnings, citing legal provisions…
Motorcyclists pass a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016.Olivia Harris | ReutersGoldman Sachs on Friday lowered its previously stated quarterly net earnings applicable…