– Tesla shares slid 4.7% in the premarket following a report that CEO Elon Musk ordered an immediate hiring freeze and a 10% reduction in staff. The order came in a memo seen by Reuters, which quoted Musk as saying he feels"super bad" about the economy.
– Coinbase is extending a hiring freeze and rescinding some job offers that had been accepted. The cryptocurrency exchange operator said in a blog post that it would pause hiring for"as long as this macro environment requires." Coinbase fell 3.7% in premarket trading.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Making the Biggest Moves After Hours: Chewy, MongoDB, Hewlett Packard Enterprise and MoreThese are the stocks posting the largest moves in after hours trading.
Source: nbcchicago - 🏆 545. / 51 Read more »
Meet three filmmakers making a difference in the movie industryLooking to check out some new movies this summer? We've got you covered! For the second year in a row, NBCUniversal's “Scene in Color Film Series,” sponsored by Target, is showcasing films from three incredibly talented and diverse filmmakers. Target tayolamos Congrats! Target Is each one diverse or just diverse as a group? And would they be more or less diverse if one were white? Target Yeah but are the movies good ?
Source: TODAYshow - 🏆 389. / 55 Read more »