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Lion Electric Shares Slide 8.8% Amid Temporary Layoffs, 4Q Widened Loss

By Adriano Marchese Toronto-listed shares of Lion Electric were down sharply in early morning trading Thursday after the company reported a wider loss and...

Canada , Saint-jerome , Quebec , Toronto , Ontario , Canadian , Adriano-marchese , Lion-electric , Article-normal , Motor-vehicles , Alternative-fuel-vehicles

Expedia to Cut 1,500 Jobs. The Travel Industry Is In a Tough Spot.

Last year's roaring success has posed problems for the travel sector, as investors digest the prospect of tough comparisons and slowing demand growth in 2024.

Conor-cunningham , Andrew-harrer-bloomberg , Callum-keown , Peter-kern , Expedia , Melius-research , Middle-east , Article-normal , Travel-agencies , Leisure-arts-hospitality , Tourism , Financial-performance

Sony Lays Off 900 PlayStation Workers, Shutters London Office

Sony Interactive Entertainment said it’s slashing 900 jobs, or about 8% of its workforce, as PlayStation 5 sales are expected to miss the mark.

Japan , United-states , London , City-of , United-kingdom , American , America , Jim-ryan , Sony , Sony-interactive-entertainment , Playstation-london-studio , Playstation-studio-london

Vice Media to shutter website, lay off 'several hundred' employees

Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s CEO said in a memo to staff...

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Hallador Energy Restructures Sunrise Coal Division, to Cut 110 Jobs

By Mary de Wet Hallador Energy said Friday that it is restructuring its Sunrise Coal Division in a move to boost its operational efficiency and save money....

Hallador-energy , Sunrise-coal-division , Prosperity-mines , Terre-haute , Mary-de-wet , Article-normal , Energy , Coal , Fossil-fuels , Labor-personnel , Corporate-industrial-news