Business Stories from November 9, 2022 (Change date)
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Facebook parent Meta cuts 11,000 jobs, 13% of workforceNov 09, 2022 6:00 am - Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg s...
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Grains mixed, Livestock lowerNov 09, 2022 6:00 am - d CHICAGO (AP) - Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec. fell 33.75 cents at $8.1350 a bushel; Dec. corn lost 1...
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Closing prices for crude oil, gold and other commoditiesNov 09, 2022 6:00 am - Benchmark U.S. crude oil for December delivery fell $3.08 to $85.83 a barrel Wednesday. Brent crude for January delivery fell $2.71 to $92.65 a barrel. Wholesale gasolin...
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Redfin to cut another 13% of workforce, shutter RedfinNowNov 09, 2022 6:00 am - WASHINGTON (AP) - Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade...
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Four layoff alternatives to consider in economically turbulent timesNov 09, 2022 12:00 am - Economic turbulence can be unsettling for both employers and employees. As payroll is typically one of the largest expenditures for a business, staff reductions may seem...
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Union leaders declare victory for Illinois workers' rights amendmentNov 09, 2022 12:00 am - Union leaders in Illinois are declaring victory for a constitutional amendment codifying Illinois workers' rights to collectively bargain. Meanwhile, some opponents of t...
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Geneva aldermen OK liquor license for new Mexican eateryNov 09, 2022 12:00 am - Geneva aldermen on Monday approved a liquor license for a new Mexican restaurant with a cocktail lounge in Geneva Commons. Hacienda Real, owned by Carlos Arechiga, could...
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Elon Musk sells $3.95 billion worth of Tesla stockNov 09, 2022 12:00 am - Twitter's new owner and Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold...
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Facebook parent Meta cuts 11,000 jobs, 13% of workforceNov 09, 2022 12:00 am - Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg s...
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