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An Amazon Prime truck drives in Pacifica, Calif., on Dec. 15, 2020. Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. (AP Photo/Jeff Chiu, File)

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Amazon begins mass layoffs among its corporate workforce
By HALELUYA HADERO - AP Business Writer
Wed,11/16/22-2:22PM , 225 Reads
NEW YORK (AP) — Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
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Closing prices for crude oil, gold and other commodities
By THE ASSOCIATED PRESS
Wed,11/16/22-2:21PM , 61 Reads
Benchmark U.S. crude oil for December delivery fell $1.33 to $85.59 a barrel Wednesday. Brent crude for January delivery fell $1 to $92.86 a barrel.
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Tom Ford attends the CFDA Fashion Awards at The Pool and The Grill on Nov. 10, 2021, in New York. Estee Lauder is acquiring luxury powerhouse Tom Ford in a deal valued at $2.8 billion in a deal announced Tuesday, Nov. 15, 2022. (Photo by Evan Agostini/Invision/AP, File)

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Estee Lauder to buy Tom Ford in a deal valued at $2.8B
By THE ASSOCIATED PRESS
Tue,11/15/22-4:52PM , 249 Reads
The Estee Lauder Cos. is acquiring luxury powerhouse Tom Ford in a deal valued at $2.8 billion, marking the beauty firm’s biggest acquisition yet.

As part of the deal announced Tuesday, Ermenegildo Zegna Group and Marcolin S.p.A. will enter long-term license agreements for Tom Ford fashion and Tom Ford eyewear, respectively.
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Walmart, Energizer rise; Bird Global, Getty Images fall
By THE ASSOCIATED PRESS
Tue,11/15/22-3:14PM , 180 Reads
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:

Walmart Inc., up $9.05 to $147.44.

The retailer reported strong third-quarter financial results and raised its profit forecast for the year.

Home Depot Inc., up $5.01 to $311.93.
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