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Wall Street Journal

Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta is dismantling its third-party fact-checking program in the U.S. and aims to bring back political content as President-elect Donald Trump prepares to return to the White House, the company said. Meta CEO Mark Zuckerberg announced the changes in a video statement on Tuesday, Jan. 7. The company that owns Facebook, Instagram, WhatsApp, and Threads, will replace its fact-checking program with a Community Notes system similar to the one implemented on X (formerly Twitter). Zuckerberg said the new system's goal is to reduce bias and restore free expression. "Fact-checkers have be…
Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports
Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports Harley-Davidson factories in Wisconsin and Pennsylvania have abruptly closed due to a parts issue, according to multiple media outlets citing company officials.  The matter appears to be over shipping as well as compliance concerns, Wall Street Journal reports. Stocks for the company have fallen 8% falling the news, according to the outlet.  "This decision, taken out of an abundance of caution, is based on information provided by a third-party supplier to Harley-Davidson late on Tuesday (5/17) concerning a regulatory compliance matter relating to the supplier’s component part…
Russian Invasion Of Ukraine Means Higher PA Gas Prices Russian Invasion Of Ukraine Means Higher PA Gas Prices
Russian Invasion Of Ukraine Means Higher PA Gas Prices “Pain at the pump,” was a concern reporters pushed President Biden on during a press conference about the Russian invasion of Ukraine on Thursday. Although Biden urged the energy sector to not move prices, experts say the US is already feeling the pinch since tensions began to escalate between the two nations. “Any disruptions to oil flows from Russia in a context of low spare capacity in other regions could easily send oil prices to $120 (a barrel),” Natasha Kaneva, JPMorgan’s head of global commodities strategy, wrote in a report published earlier in February. Gas prices had already t…
TikTokers Blast PA Restaurant For Allegedly Touting 'Ineffective' COVID-19 Treatments TikTokers Blast PA Restaurant For Allegedly Touting 'Ineffective' COVID-19 Treatments
TikTokers Blast PA Restaurant For Allegedly Touting 'Ineffective' Covid-19 Treatments TikTokers are putting a Pennsylvania restaurant on blast for apparently using its Facebook page to promote the distribution of unproven COVID-19 treatments. Taste of Sicily's social media manager Christine Mason has been posting videos to the Palmyra restaurant's social media page saying she has "H" or "I" -- Ivermectin and Hydroxychloriquine, Fox43 reports. The two medications are controversial COVID-19 treatments that have not been approved by the FDA.  Mason in a separate video says the medications are free but urges people to donate. TikTok users @thatdaneshguy and @rx0rcist claim this…
NBC New York Reporter Katherine Creag Dies Suddenly At 47 NBC New York Reporter Katherine Creag Dies Suddenly At 47
NBC New York Reporter Katherine Creag Dies Suddenly At 47 A popular NBC New York reporter has died at age 47, the station announced. Katherine Creag, who was working as recently as Wednesday, Feb. 10, died unexpectedly later that night from unknown causes. 

“For 10 years Kat was one of our cornerstones, always willing to help in any situation, whether it was a colleague in need of a shift that needed to be covered,” WNBC’s Vice President of news, Amy Morris, said in an email to the staff this week. “She was thoughtful, funny, and relentless. And even on the toughest days, she was a bright light, quick with a kind word and a smile.” Born in the…