Suppliers to JLR fear job losses as carmaker cuts 4,000 roles — so they’re chasing defence contracts
JLR suppliers seek defence work to protect 12,000 jobs as carmaker cuts 4,000 roles, pivoting to military contracts amid industry downturn.
CLAY TRIBUNE / THE ARCHIVE
Category: Business
Quantum Stocks Jump as US Government Takes Minority Stakes in D-Wave, Rigetti, and Quantinuum
US government takes minority stakes in D-Wave, Rigetti, and Quantinuum via CHIPS Act funding; quantum stocks rally 6-10% amid sector volatility.
Prediction Traders Bet Crude Heads Past $120 as Brent Tops $100 Again
Brent crude tops $100 as prediction markets flip bullish on oil. Traders abandon cheap oil bets amid Middle East escalation and record diesel prices.
Automattic Board Puts Matt Mullenweg on Leave of Absence, Names CFO Mark Davies Interim CEO
Automattic CEO Matt Mullenweg put on paid leave by board, says it was done behind his back; CFO Mark Davies named interim CEO.
Diesel prices have broken a 2022 record — and the costs reach far beyond trucking into your grocery bill
Diesel prices hit a record $5.85 a gallon, driven by geopolitical conflict. See what it means for your wallet and the economy.
Taco Bell and Habit Burger to Move Headquarters to Larger Irvine Campus in 2028
Taco Bell and Habit Burger will move their shared HQ to a larger Irvine campus in spring 2028, boosting capacity and amenities.
D-Wave, Rigetti, Quantinuum Each Land $100M in CHIPS Act Funding as U.S. Takes Equity Stakes
D-Wave, Rigetti, and Quantinuum finalize $100M CHIPS Act grants each, with the U.S. taking minority equity stakes to boost quantum R&D.
Hèlene Huby’s Exploration Company raises $450 million as Europe scrambles to catch up in space
French entrepreneur Hélène Huby raises $450M for The Exploration Company, aiming to revive Europe's space ambitions with the Nyx spacecraft.
O’Charley’s Abruptly Closes All Corporate Locations as Franchisees Hang On
O'Charley's abruptly closed all corporate locations Wednesday, leaving franchisees and employees in limbo as the casual-dining chain shrinks.
V&A Staff Walk Out Over Working Conditions, Forcing Closure of Three London Sites
V&A staff strike over poor conditions, closing three London sites. Over 700 workers demand fair pay and basic amenities.
Memory Shortages Stretch Until 2030 as Bank of America Boosts SK hynix to Buy With a $250 Target
Bank of America issues a Buy rating on SK hynix with a $250 target, citing a memory chip shortage through 2030 and strong high-end demand.
Re-Entering the Workforce: Why Leading With Your Record Beats Hiding It
A Houston professor says formerly incarcerated job seekers should disclose their past upfront, not hide it, to overcome employer bias.