The company is cutting roughly 1,000 jobs on Wednesday to align with its "evolving priorities," with more cuts to come at a later date ...

Credit traders have been ramping up purchases of credit default swaps (CDS) on Oracle ($ORCL) as a hedge against potential ...

Credit traders are buying protection against Oracle Corp. defaulting on its debt, a trend that Morgan Stanley sees continuing ...

None of that means Oracle will default on its debts. But if the credit default swap prices are any indicator, a growing ...

Companies using AI without proper oversight are exposing themselves to unnecessary risk, according to cybersecurity analysts.

Job cuts have started at Paramount following the takeover by Skydance, according to a memo by CEO David Ellison Reports on ...

Amazon has confirmed plans to cut 14,000 corporate jobs as it looks to operate more effectively. In a note first shared with ...

Thousands of jobs will be axed at Channel 5’s American owner, Paramount, just weeks after the company was acquired by the ...

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Amazon plans to lay off as many as 30,000 corporate employees this week, Reuters first reported on Oct. 27, citing anonymous ...

Bad credit can be a barrier to getting approved for a car loan or for receiving favorable terms. Fortunately, even if your credit history has some blemishes, you still have options from banks, credit ...