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Workday cuts 3% of employees as part of restructuring

Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Adam Galica | CNBC Workday, a cloud-only business planning software company, will lay off 3% of its employees, the company’s co-CEOs wrote in a message to employees. In …

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After supposed Russian exodus, most major companies have yet to withdraw

The logo of German consumer chemicals giant Henkel can be seen at the company’s plant in Duesseldorf, western Germany, on January 18, 2016.  PATRIK STOLLARZ | AFP | Getty Images After Russian troops invaded Ukraine in February 2022, companies across the G-7 major economies and the European Union announced plans …

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UBS earnings Q4 and FY 2022

UBS reported fourth quarter and full-year earnings. Fabrice Coffrini | Afp | Getty Images UBS beat market expectations with its latest results on the back of lower expenses and higher interest rates. The bank reported $1.7 billion of net income for the fourth quarter of last year, bringing its total …

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How to sustain happiness, from Thema Bryant, president of the APA

Thema Bryant is doing the most, and doing it very well. She is the president of the American Psychological Association and a professor of psychology at Pepperdine University where she directs the Culture and Trauma Research Laboratory.  She also hosts The Homecoming Podcast where she shares tips on how to …

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Social Security, Medicare off table in debt ceiling talks: McCarthy

Speaker of the House Kevin McCarthy, R-Calif., conducts a news conference in the U.S. Capitol’s Statuary Hall on Thursday, January 12, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Social Security and Medicare should be “completely off the table” when it comes to debt ceiling negotiations, House Speaker …

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Medicare beneficiaries in Advantage Plans can change 2023 coverage

Milan2099 | E+ | Getty Images For Medicare beneficiaries enrolled in an Advantage Plan, now’s the time to change your 2023 coverage if it’s not a good match. Each year between Jan. 1 and March 31, beneficiaries unhappy with the choice they made during Medicare’s annual open enrollment period — …

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TikTok CEO to testify before House panel in March

Shou Zi Chew, chief executive officer of TikTok Inc., speaks during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 16, 2022. The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News. Photographer: Bryan van der Beek/Bloomberg …

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Why you’re getting job interviews—but no offers

As a career coach who has helped hundreds of people land six-figure jobs, I’ve found that most job seekers actually are qualified for the job that they want. But when it comes time for the job interview, they’ll exhibit nervous body language, or babble out words that don’t say anything …

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Federal Reserve likely to hike interest rates again. How to prepare

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.  This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in …

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Folding iPad will launch next year, top Apple analyst Kuo says

The world’s biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to filter through to Apple’s December quarter results. Meanwhile, analysts questioned demand for the iPhone 14 from Chinese consumers. Nic Coury | Bloomberg | Getty Images Apple will slow the pace …

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