Airbus slashes 15,000 jobs as sector reels from collapse in travel

Airbus slashes 15,000 jobs as sector reels from collapse in travel

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Airbus is slashing 15,000 jobs, marking the biggest single reduction in its passenger jet business since the creation of Europe’s flagship aircraft maker 20 years ago. The cuts, forced by the collapse in air travel as a result of the coronavirus pandemic, come as Guillaume Faury, chief executive, warned that he did not expect air […]

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Microsoft to offer digital skills training for 25m people worldwide

Microsoft to offer digital skills training for 25m people worldwide

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Microsoft is aiming to provide free digital skills training to 25m people around the world this year as it predicts a surge in global unemployment as a result of the coronavirus crisis. The initiative, which will pull together insights from Microsoft’s core software and cloud computing business as well as its LinkedIn and GitHub subsidiaries, […]

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Employment help: How to find a job in a coronavirus economy

Employment help: How to find a job in a coronavirus economy

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Good morning. I’m Rachel Schnalzer, the L.A. Times Business section’s audience engagement editor, with our weekly newsletter about how you and your bank account can weather the COVID-19 pandemic and prepare for whatever the economy might look like on the other side. Newsletter Get our weekly Business newsletter Tips for how you and your finances […]

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Reddit, Twitch ban content linked to Trump for violating rules

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Twitch and Reddit Inc. have banned content linked to President Trump for violating their rules against encouraging hate. Twitch, Amazon.com Inc.’s livestreaming site, temporarily banned Trump’s account for reposting a 2016 speech in which he characterized Mexicans as rapists and a more recent speech in which he conjured up the image of an evildoer breaking […]

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India bans dozens of Chinese mobile apps

India bans dozens of Chinese mobile apps

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India has banned 59 of China’s biggest mobile phone apps, including TikTok and WeChat, on the grounds that they pose a threat to the country’s security. The Ministry of Electronics and Information Technology accused the apps collectively of breaching the privacy of Indian users and mining their data. “The compilation of these data, its mining […]

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Is Gilead a rip off with COVID-19 treatment topping $3,000?

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Drugmaker Gilead says it’s doing you a favor by setting the price for its pending COVID-19 treatment, remdesivir, at more than $2,000 for government agencies and over $3,000 for private insurers. “In normal circumstances, we would price a medicine according to the value it provides,” the company’s chief executive, Daniel O’Day, said in an “open […]

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