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Netflix (NFLX -1.77%) plans a restructuring that would cut around 5% of its staff and may be announced as early as next week, Puck reported on Friday. Netflix declined to comment, so for now the cuts are only reported. But the scale stands out. The streaming giant had around 16,000 full-time employees at the end…

President Donald Trump has offered the job of White House press secretary to Katie Zacharia. If she accepts the job, Zacharia would become the second press secretary in Trump’s second term and fill the role previously held by Karoline Leavitt, who left the job in August to spend more time with her young children. “She…

AMD: Too Expensive To Be Worth It Despite Unique Position As CPU Leader

The General Insurance Council is reportedly considering mandatory 10 per cent co-payment, capped at ₹5 lakh per retail health insurance claim, covering cashless and reimbursement inpatient hospitalisation claims but excluding outpatient claims. Let us try to understand how co-payment and deductibles work currently.  How they work  Co-payment makes policyholders pay a percentage of an admissible…

America’s Credit Unions has launched its new Cybersecurity, Fraud and Vendor Risk Resources Hub; Cornerstone Research reports corporate bankruptcies remain historically elevated; Deutsche Bank hired David Garland from oil major BP to help lead power trading in the Americas; and more in this week’s banking news roundup.

Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. There’s no question that the price of healthcare continues to trend upward in the United States, with report after report pointing to sustained, elevated costs of receiving care. What’s less clear, though, is exactly what is driving…

Key insight: Learn why EY clients are moving from experimenting with AI to redesigning business operations. What’s at stake: Rival professional services firms as EY rapidly expands its AI capabilities and alliance revenues. Forward look: Another 104,000 EY employees plan to complete their AI learning accreditations. Processing Content Ernst & Young announced its global revenues…

Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. David Vaillant | World Bank Group David Vaillant was appointed managing director and chief financial officer of the World Bank Group. Vaillant joins the group after spending two decades at BNP Paribas, most recently as global head…