costs

Disney announces upcoming layoffs, hiring freeze to cut costs in internal memo from CEO Bob Chapek: report

Disney announces upcoming layoffs, hiring freeze to cut costs in internal memo from CEO Bob Chapek: report

Find out what clicks on FoxBusiness.com The Walt Disney Co. plans to freeze hiring and cut some jobs ahead of winter vacation after a disappointing quarter, according to a report. In the memo sent to employees, Disney CEO Bob Chapek said the company was moving forward with prioritizing cost-cutting measures, including “some staff reductions.” “I …

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UK bond turmoil leaves smaller pension schemes with longer-term costs

UK bond turmoil leaves smaller pension schemes with longer-term costs

LONDON (Reuters) – The recent crisis in Britain’s government bond market means smaller British pension schemes could shell out more money for a bespoke liability-driven investing (LDI) strategy in future to provide better protection, according to industry sources. LDI products, sold by asset managers such as BlackRock, Legal & General and Schroders to pension funds, …

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These commendable TikTok money tips should be avoided at all costs

These commendable TikTok money tips should be avoided at all costs

TikTok is Gen Z’s favorite platform over Google to search for answers and hacks — from cooking tips to personal money tips. Currently, more than a third of Gen Zers turn to TikTok for financial advice. And while it’s great to see more young people seeking financial advice, you can’t trust all the advice offered …

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