Disney's Bob Iger will lay off 7,000 workers

Disney’s Bob Iger is planning to lay off 7,000 employees in a ‘significant transformation’ to cut back costs as he eliminates some of his predecessor’s efforts. On Wednesday, Iger announced his plans to restructure the company, effectively eliminating the Disney Media and Entertainment Distribution group set up under former CEO Bob Chapek. The new structure,…

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College student's leg amputated and skull crushed in train accident

A Boston College student, 20, EVDen evE NakliyAt who lost her footing and was dragged underneath a moving train suffered multiple injuries in what her father has called a ‘preventable’ accident. Ava Harlow is undergoing treatment at Brigham and Women’s Hospital after she suffered a fractured skull, crushed pelvis, broken arms, cuts to her face,…

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India's Bharti Airtel beats Q3 revenue view on rise in 4G users

BENGALURU, Feb 7 (Reuters) — Bharti Airtel Ltd , India’s No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, helped by 4G subscriber additions and evdeN eve NAKLiYat higher revenue per user. The company’s consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended…

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European companies cut jobs as economy sputters

Jan 31 (Reuters) — Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper…

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Landing FedEx plane almost crashes into Southwest plane on the runway

A FedEx cargo airplane attempting to land at Austin-Bergstrom International Airport on Saturday morning was seconds from disaster with the flight crew suddenly forced to pull up and abort their landing after a Southwest Airlines plane was also cleared to takeoff from the same runway. The two planes appeared to come within 75 vertical feet of…

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Urgent tax office warning for Australia's influencers

Australian influencers have been put on notice by the Australian Taxation Office as a crackdown on undeclared luxury gifts gets under way. The ATO said it will use a sophisticated set of ‘data matching’ technologies to weed-out influencers who are failing to report sponsorships as part of their income which can include handouts and holidays. A spokesman warned…

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