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Stellantis to Slash 2,450 Jobs as Classic Ram Rides Into the Sunset

DETROIT (FFN) - Stellantis, one of the world's largest and most diversified automakers, is gearing up to lay off as many as 2,450 workers...

US Markets React to Mixed Economic Signals

US financial markets have been experiencing heightened volatility, driven by mixed economic signals that are causing uncertainty among investors. In the latest development, the...

US Employment and Wages: July 2024 Report

August 8, 2024 (FinanceFlashNews) - The latest employment report for July 2024 paints a less optimistic picture of the US labor market, with job...

US Overtakes China as Germany’s Largest Trading Partner

Wiesbaden, Germany – August 8, 2024 – In a significant shift in global trade dynamics, the United States has surpassed China to become Germany’s...

SunPower Files for Bankruptcy Amidst Solar Industry Struggles

FinanceFlashNews - SunPower Corporation, a leading player in the solar energy sector, has filed for bankruptcy protection. The California-based company cited financial difficulties, including...

Chevron’s Q2 Profit Slips Over 25% Amid Maintenance Costs

Houston, August 2 (FFN) – Chevron, the American oil giant, reported a more than 25% decline in second-quarter profit, falling short of market expectations....

Intel to Cut 15,000 Jobs Amidst Financial Pressures

Santa Clara, August 2 (FFN) – Intel, the American chipmaker, is set to eliminate around 15,000 jobs globally, equating to approximately 15% of its...

Meta Achieves $13.5 Billion Net Profit in Q2

Menlo Park, August 1 (FFN) - Meta Platforms (Meta), the parent company of social media networks Facebook and Instagram, significantly increased its revenue and...

El Chapo’s Son Arrested in Dramatic US Sting Operation

El Paso, Texas – In a stunning turn of events, Joaquin Guzman Lopez, son of the infamous drug lord El Chapo, was arrested in...

Baker Hughes Reports Record Profits

Houston, July 26 - Baker Hughes, a leading global oilfield services company, announced today that it has reported significant growth in both revenue and...

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