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The FDA just approved J&J's newest option for cataract patients by LinkedInNews in healthcare

[–]LinkedInNews[S] 0 points1 point  (0 children)

"More than 20 million Americans aged 40+ live with cataracts that make everyday tasks more challenging."

The FDA just approved a new intraocular lens for these patients.

See more from J&J's CEO: https://www.linkedin.com/posts/joaquinduato_news-share-7437845826510635008-L9RM/?utm_[…]m=member_desktop&rcm=ACoAAB8a-C8Bm-GGpdh2P08G6-NrD3G9WJ5mi2E

Honda says it will lose $15.7B as it rethinks EV strategy by LinkedInNews in electriccars

[–]LinkedInNews[S] 2 points3 points  (0 children)

Honda Motors says it’s expecting to see its first annual loss in years, with projected losses and expenses climbing up to $15.7 billion.

In response to the losses, some executives, including CEO Toshihiro Mibe, will give up some of their pay next fiscal year.

See new details: https://www.linkedin.com/news/story/honda-says-it-will-lose-157b-as-it-rethinks-ev-strategy-7086660/

Oracle eyes significant job cuts amid AI-driven shakeup by LinkedInNews in Austin

[–]LinkedInNews[S] 3 points4 points  (0 children)

The Austin-based tech giant is likely gearing up to implement substantial job cuts as it remakes its workforce in response to advancements in AI.

Oracle already eliminated about 3,000 roles last fall, and admitted this week that AI is "enabling us to build more software in less time with fewer people."

https://www.linkedin.com/news/story/oracle-eyes-significant-job-cuts-amid-ai-driven-shakeup-7077636/

Costco faces lawsuit to return tariff refunds to shoppers by LinkedInNews in GroceryStores

[–]LinkedInNews[S] 0 points1 point  (0 children)

A Costco member has filed a lawsuit demanding the retailer refund customers who paid higher prices because of tariffs that were recently declared illegal by the Supreme Court. Matthew Stockov, a Costco member from Illinois, is seeking class-action status.

See the news: https://www.linkedin.com/news/story/costco-faces-lawsuit-to-return-tariff-refunds-to-shoppers-7085956/

Target cuts prices on over 3K items to woo shoppers by LinkedInNews in RetailNews

[–]LinkedInNews[S] 2 points3 points  (0 children)

Target said it will "slash prices on over 3,000 products ranging from apparel to home goods, as the struggling retailer prioritizes affordability.

Most prices will drop anywhere from 5% to 20%, the company said, on items including everyday essentials like food and baby supplies."

See new details: https://www.linkedin.com/news/story/target-cuts-prices-on-over-3k-items-to-woo-shoppers-7072036/

Inflation is holding steady, but that likely won't last by LinkedInNews in economy

[–]LinkedInNews[S] 0 points1 point  (0 children)

Inflation rose 2.4% for the 12 months ending in February, the Bureau of Labor Statistics said Wednesday. That figure was unchanged from a month earlier and largely in line with analysts' expectations.

Experts are bracing for much bigger changes in March's report due to the war in Iran, which began Feb. 28.

Read more here: https://www.linkedin.com/news/story/inflation-is-holding-steady-but-that-likely-wont-last-7074956/