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Novo Nordisk to slash U.S. insulin prices by up to 75%, following move by Eli Lilly
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Novo Nordisk is planning to slash the price of several insulin drugs by up to 75% in the U.S., following a similar move by Eli Lilly.

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Tesla's plan to slash silicon carbide use sends some chipmakers' shares down
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Tesla plans to slash use of silicon carbide transistors 75%, powertrain engineering leader Colin Campbell told investors Wednesday.

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Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
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Disney unveiled a vast corporate restructuring, and CEO Bob Iger said the company isn’t considering a spinoff of ESPN.

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Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs
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Crypto exchange Binance plans to increase the number of staff by between 15% and 30%, CEO Changpeng Zhao said.

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Coinbase to slash 20% of workforce in second major round of job cuts
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CEO Brian Armstrong pointed to more pressure on the crypto sector thanks to “unscrupulous actors in the industry.”

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Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
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Putin forced to slash oil output by half a million barrels a day
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Credit Suisse Sinks on Plan to Raise $4 Billion and Slash Headcount by 9,000
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