Amazon’s CEO explains rationale behind layoffs as unionized warehouse workers protest outside

CNN affairs — Amazon CEO Andy Jassy said Wednesday that an “uncertain” economy prompted the e-commerce giant to move forward with infrequent and widespread layoffs after experiencing a significant hiring boom during much of the pandemic. “We had the lens of a very uncertain economic environment and we’ve been very aggressively hiring over the last … Read more

The number of drug overdose deaths among seniors has more than tripled in two decades

Drug and alcohol-related deaths are on the rise among American seniors. Drug overdose deaths have more than tripled in the past two decades among people age 65 and older, while deaths from alcohol abuse increased more than 18% between 2019 and 2020, according to data published Wednesday by the National Center for Health Statistics. More … Read more

Tencent bets on the growth of cloud computing abroad amid gaming slowdown

Tencent has faced a number of headwinds in 2022, including a Covid-induced slowdown in China’s economy and a tougher gaming market. Bobby Jip | Reuters tencent said it will launch new cloud computing products aimed at overseas markets as it looks for new avenues for growth amid a slowdown in its core online video game … Read more

Federal agency announces grace period for director IDs, after concerns over $13,000 fines

A federal agency is giving 700,000 people who have not yet signed up for a new legal hurdle a two-week grace period after a “bureaucratic” process left people waiting on the phone for hours or dealing with a crashing government website. Most important points: Company director IDs are introduced in an effort to crack down … Read more

MCK refuses to give up its inherent jurisdiction over games of chance | Reserve news

The Mohawk Council of Kahnawà:ke (MCK) is taking legal action against the Ontario government and iGaming Ontario, claiming that the province’s iGaming scheme is not only illegal, but unconstitutional. “From time immemorial,” reads the notice of application filed Nov. 28 in the Ontario Superior Court of Justice, MCK has had a “longstanding interest in gambling … Read more

Kwasi Kwarteng’s mini-budget was ‘not settled’ a day before the event, says Andrew Bailey

The Bank of England was shut out of Kwasi Kwarteng’s mini-budget for tax cuts in an “extraordinary” turn of events, Andrew Bailey claimed. The governor said the Bank had not been briefed by the Treasury about the former chancellor’s £45bn tax cut package, which sent the pound crashing and forced Threadneedle Street to intervene with … Read more

Will Smith, opening up about Oscars blowout, tells Trevor Noah to ‘hurt people hurt people’

CNN — Will Smith spoke to Trevor Noah about the now famous clap at the Oscars in March during a performance that aired Monday night on “The Daily Show.” While promoting his upcoming movie “Emancipation,” Smith called it “a horrifying night” and said he “lost it” when he stormed the stage and slapped host Chris … Read more

Dubai, Miami top list of best luxury real estate markets for 2023

Residential villas on the waterfront of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians have always been among the top 10 nationalities investing in real estate in Dubai, according to Tahir Majithia, managing partner at Dubai-based Prime Capital Real Estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would … Read more

The US and China meet for the first time since meeting in Xi-Biden in the South China Sea

Seoul, South Korea CNN — The US and Chinese militaries exchanged harsh words on Tuesday after a US Navy warship conducted the first Freedom of Navigation Operation (FONOP) in the South China Sea since the leaders of the two powers met earlier this month in a bid to defuse tensions. to decrease. In a statement, … Read more

Cyber ​​Monday deals lure consumers amid high inflation

NEW YORK (AP) — Days after flocking to stores on Black Friday, consumers are heading online for Cyber ​​Monday to score more discounts on gifts and other items that have risen in price due to high inflation. Cyber ​​Monday is expected to remain the biggest online shopping day of the year, bringing in up to … Read more