Global News at 5:30 on Global Toronto for May 15. Hosted by Alan Carter and Farah Nasser.
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Global News at 5:30: May 15
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HP to cut about 7,000 to 9,000 jobs in restructuring pushHP estimates that the plan will result in annualized gross run rate savings of about $1 billion by the end of fiscal 2022, it said. from Gadgets Now https://ift.tt/2pCsAhk HP estimates that the plan will result in annualized… Read More
SoftBank's plans for second mega-fund hit by WeWork debacleMajor investors have yet to sign on, leaving a $38 billion pledge from publicly traded SoftBank Group itself as the only large commitment, according to the sources. from Gadgets Now https://ift.tt/2ImBW7q Major investors hav… Read More
Samsung's smoother outlook papers over deep cracksTo make matters worse, Samsung’s de facto boss Jay Y. Lee, has been embroiled in a 2017 corruption scandal that unseated South Korea's then president. from Gadgets Now https://ift.tt/2Ipi8k2 To make matters worse, Samsung’s … Read More
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