Money

Activision Says It Will Cut 8% of Its Workers After Warning of Weak Revenue This Year

Activision Blizzard said it would cut about 8% of its workforce, or at least 720 jobs, as part of a restructuring plan. The announcement came as the company reported financial results that showed revenue lagging Wall Street estimates. Activision said its revenue in the last three months of 2018 rose 7.6% to $2.8 billion, missing …

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Flight Attendants Ask Public to Join Demonstrations if Government Shuts Down Again

Flight attendants are just one of the many groups that would be impacted if there’s another government shutdown on Feb. 16. Their safety, as well as lost trips and the stress many other impacted workers faced during the previous record-length shutdown, are too much to tolerate. That’s according to Sara Nelson, president of the Association …

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Brainstorm Health: J&J Depression Nasal Spray, Gilead Stock, Anti-Vaxxers

Hello, readers. Drug giant Johnson & Johnson enjoyed a 1.6% stock boost on Tuesday after a crucial Food and Drug Administration (FDA) advisory committee vote recommending approval of its intriguing, if controversial, depression treatment esketamine. The FDA isn’t required to follow the expert panel’s recommendations – but it usually does, especially when the votes are …

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Bill Gates Has Some Harsh Words for Alexandria Ocasio-Cortez’s Tax Plan

Bill Gates says he’s fine with the idea of higher taxes for the rich, but plans like the one being championed by Alexandria Ocasio-Cortez, which target the top income brackets, are too extreme–and could encourage the wealthy to hide their money in offshore accounts. Gates, in an interview with The Verge, didn’t mention Ocasio-Cortez or …

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Trump Isn’t Happy With Shutdown Deal He Calls ‘Obstruction’

President Donald Trump said he isn’t happy with the bipartisan agreement on border security intended to avert another government shutdown, and said he’s still considering declaring a national emergency to bypass Congress to get money for his proposed wall. “I’m not happy about it. It’s not doing the trick,” Trump said during a cabinet meeting …

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Over 100 Million Americans Are Currently Affected by Weather Warnings

Severe winter weather is spanning the width of the United States, with residents from New York to Honolulu facing extreme forecasts. Winter weather warnings, watches, and advisories are affecting more than 100 million Americans, with 25 million more at risk of flooding. More than 1,580 flights have been canceled nationwide, according to FlightAware. That’s more …

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