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Job Cuts Live News Updates: Boeing announces 2,000 job cuts, primarily in finance & HR; plans to outsourc… – Economic Times


09:33 AM

Budget Session

BJP national president JP Nadda and Union Minister Dharmendra Pradhan arrive for BJP Parliamentary Party Meeting.

09:30 AM

Former Kerala CM Oommen Chandy hospitalized in Neyyattinkara

Former Kerala Chief Minister Oommen Chandy has been admitted to NIMS hospital, Neyyattinkara on Monday night. Health minister Veena George will visit him today morning. Chandy’s son Chandy Oommen stated in his Facebook post that he was diagnosed with a slight beginning of pneumonia and admitted to the hospital due to a high fever.

09:28 AM

BRS MP K Keshava Rao gives suspension of Business Notice in Rajya Sabha under rule 267 to discuss Hindenburg Report on #Adani Enterprises and other companies of his group.

09:21 AM

Australian cricketer and former captain Aaron Finch retires from international cricket

09:11 AM

Food poisoning: 137 students hospitalised in Karnataka

A total of 137 nursing and paramedical students staying at a private hostel here have fallen sick due to food poisoning after having dinner, police sources said on Tuesday. The students have been admitted to various hospitals in the city, city police commissioner N Shashi Kumar said. The students complained of stomach ache, vomiting and diarrhoea and were admitted to hospitals on Monday night. Water contamination is said to be the reason for the food poisoning, sources said.

08:57 AM

Supreme Court prepones the hearing of the petitions challenging the appointment of L Victoria Gowri as Madras HC judge. A bench led by Justice Sanjiv Khanna to hear at 9.15 AM. (The swearing-in ceremony is scheduled at 10.35 AM at Madras HC).

08:46 AM

Russian reinforcements pour into eastern Ukraine, says governor

Russia was pouring reinforcements into eastern Ukraine ahead of a new offensive that could begin next week along a front where there have been relentless battles for months, a Ukrainian governor said. Desperate for Western military aid to arrive, Ukraine anticipates a major offensive could be launched by Russia for “symbolic” reasons around the Feb. 24 anniversary of the invasion, which Moscow persists in calling “a special military operation”.

08:13 AM

BJP parliamentary party meeting to be held today

A meeting of the Bharatiya Janata Party (BJP) parliamentary party is scheduled to be held today in Parliament. The weekly meeting of the BJP in the Parliament takes place every Tuesday when the House is in function. Discussion on crucial issues, including the recently passed Union Budget 2023-24 is likely to take place in this meeting. Among the top leaders of the party, Prime Minister Narendra Modi is also expected to attend the meeting.

07:45 AM

North Korea pledges ‘expanded, intensified’ military drills

North Korea’s top army officials have said they will expand and intensify military drills to ensure their readiness for war, state media reported Tuesday, ahead of a massive parade. The pledge came at a Monday meeting overseen by leader Kim Jong Un and follows last week’s staging of joint air drills by South Korea and the United States. The agenda was topped by “the issue of constantly expanding and intensifying the operation and combat drills of the (Korean People’s Army) … strictly perfecting the preparedness for war”, the official Korean Central News Agency said.

07:09 AM

Ro Khanna and Mike Waltz elected co-chairs of House India caucus

07:07 AM

Boeing to slash about 2,000 white-collar jobs in finance and HR

Boeing Co expects to slash about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the plane-maker confirmed to Seattle Times newspaper on Monday. Last month, the Virginia-based company announced it would hire 10,000 workers in 2023, but some support positions would be cut. Back then Boeing acknowledged it will “lower staffing within some support functions” – a move meant to enable it to better align resources to support current products and technology development.

07:01 AM

Biden to talk about his economic successes in State of the Union Address: WH

In his State of the Union Address to a joint session of Congress, US President Joe Biden will highlight the key economic policies of his administration that have helped in not only creating jobs but also strengthening the country’s economy. The president is hoping to do two things broadly when it comes to the economy in the State of the Union, National Economic Council Director Brian Deese told reporters at a news conference here. Biden will deliver his second State of the Union Address before a joint session of the Congress on Tuesday night.

06:30 AM

Mortal remains of former Pakistan President Pervez Musharraf arrive in Karachi

Pakistan’s former President and chief of army staff General (retd) Pervez Musharraf’s mortal remains arrived in the metropolis airport from the United Arab Emirates on Monday, Geo News reported. The mortal remains of Pervez Musharraf departed from Al Maktoum International Airport in Dubai and landed at Karachi’s Jinnah International Airport at around 9:51 pm (local time), as per the news report. Aircraft A319 was given the task of bringing the last remains of Musharraf and the aircraft had been given “special flight” status.

06:29 AM

Audio, video related to stabbing suspect shooting

Authorities released audio and video on Monday related to last month’s fatal police shooting of a stabbing suspect near Los Angeles, while the man who was stabbed said the attack was random and that he initially thought he’d only been punched before realizing he was bleeding. The stabbing victim was interviewed by Fox 11 in a hospital room where he was continuing his recovery following the Jan. 26 attack by a man using a wheelchair in the city of Huntington Park.

06:27 AM

Pakistan’s Prime Minister Shehbaz Sharif has ordered authorities to unblock Wikipedia, the government announced, just days after the online encyclopedia was restricted for “blasphemous content”, reports AFP News Agency.

06:26 AM

US rules out returning balloon debris to China

The United States on Monday ruled out returning to China the debris of the surveillance balloon which was shot down in the Atlantic Ocean off the coast of South Carolina on Saturday. The US military intensified its efforts to collect the remnants of the high-altitude surveillance balloon from China that floated over the United States over several days last week from Montana to South Carolina. Initial information gathered from the balloon, the White House said on Monday with confidence, that it is a surveillance balloon. It violated international law and its sovereignty, officials said.

06:23 AM

Railways earns Rs 1.30 lakh crore from freight loading in this financial year till January 2023

Indian Railways’ earnings from freight loading in the first 10 months of the financial year 2022-23 crossed last year’s earnings for the same period, the Ministry of Railways said. The Ministry of Railways said the freight earnings increased by 16 per cent when compared to the same period last year. “Between April and January 2023, freight loading was 1,243.46 MT, an increase of 7 per cent over last year’s 1,159.08 MT. The railway sector earned Rs 135,387 crore as compared to Rs 117,212 crore last year, a 16 per cent improvement over the previous year,” it said.

06:16 AM

Google hopes ”Bard” will outsmart ChatGPT, Microsoft in AI

Google is girding for a battle of wits in the field of artificial intelligence with “Bard,” a conversational service apparently aimed at countering the popularity of the ChatGPT tool backed by Microsoft. Bard initially will be available exclusively to a group of “trusted testers” before being widely released later this year, according to a Monday blog post from Google CEO Sundar Pichai. Google’s chatbot is supposed to be able to explain complex subjects such as outer space discoveries in terms simple enough for a child to understand. It also claims the service will also perform other more mundane tasks, such as providing tips for planning a party, or lunch ideas based on what food is left in a refrigerator.



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