Microsoft has announced that the U.S. multinational corporation and technology conglomerate will soon be laying off nearly 3% of its global workforce — affecting around 7,000 employees.
Read More Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands
UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.
Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
President Donald Trump officially signed an executive order (EO) on Monday called DELIVERING MOST-FAVORED-NATION PRESCRIPTION DRUG PRICING TO AMERICAN PATIENTS — aimed at dramatically dropping the prices of prescription drugs.
Read More Trump Signs EO Dramatically Lowering Prescription Drug Prices
Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China.
Read More Apple considers raising iPhone prices, WSJ reports
Nvidia plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months.
Read More Exclusive: Nvidia modifies H20 chip for China to overcome US export controls, sources say
President Donald Trump applauded his administration’s efforts to revamp the U.S. air traffic control system, as the Department of Transportation unveiled its new three-year plan to build a brand-new, “state-of-the-art” system on Thursday.
Read More Trump Highlights Air Traffic Control Upgrades, Criticizes Buttigieg’s Oversight, Saying He Had ‘No Clue’