#WarnerMedia begins ‘painful’ but ‘critical’ wave of layoffs

#WarnerMedia begins ‘painful’ but ‘critical’ wave of layoffs

“#WarnerMedia begins ‘painful’ but ‘critical’ wave of layoffs” HBO owner WarnerMedia has kicked off a significant round of layoffs as the company battles steep financial losses related to the pandemic. WarnerMedia chief executive Jason Kilar emailed staffers Tuesday morning, calling the layoffs “painful” but “critical” to the division’s health. Although he did not say how…

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#Gun stocks get no help from coronavirus vaccine breakthrough

#Gun stocks get no help from coronavirus vaccine breakthrough

“#Gun stocks get no help from coronavirus vaccine breakthrough” Gunmakers were left out of the massive stock market rally sparked by a potential breakthrough on a coronavirus vaccine. Firearms giants Smith & Wesson, Sturm Rurger and Vista Outdoor saw their share prices tumble Monday after Pfizer announced its COVID-19 shot was more than 90 percent…

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#Polish police carry away abortion rights protesters

#Polish police carry away abortion rights protesters

“#Polish police carry away abortion rights protesters” WARSAW, Poland — Police carried off protesters blocking a street in Poland’s capital Monday, the 19th straight day of nationwide anti-government protests that were triggered by the tightening of the predominantly Roman Catholic nation’s abortion law. The protesters were sitting down in the street in Warsaw in front…

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#JCPenney set to emerge from bankruptcy after court approval

#JCPenney set to emerge from bankruptcy after court approval

“#JCPenney set to emerge from bankruptcy after court approval” J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a US bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders. The US Bankruptcy Court for the Southern District of Texas approved a purchase…

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