2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

First Valero Refinery, Now Largest U.S. Gasoline Pipeline Damaged In Georgia Colonial Pipeline's Line 1, the largest U.S. gasoline pipeline running from Houston toward the East Coast, has halted operations after a third-party work crew damaged a section of the line in Georgia. Bloomberg reported that the line stopped shipping fuel after the damage occurred on Tuesday in Paulding County, Georgia. "Line 1 is out of service while our team coordinates response and repair efforts," Colonial said in a statement cited by the outlet. The outage hits a critical fuel artery that...

Futures Jump On Hopes Of War De-escalation, Korea Enters Bear Market On Memory Rout Futures are higher on a WSJ report that Trump is considering exiting the middle east conflict even if the Strait of Hormuz is not reopened; but the market is deciding whether this is a genuine intent to leave or another feint given the previous US attacks during negotiations and that Trump has yet to adjust his Apr 6 deadline. As of 8:00am, S&P futures are 1.1% higher, at session after approaching correction territory yesterday. Nasdaq futures rise...

Cory Booker Blasts Party, Says Democrats 'Failed This Moment', And Calls For New Leaders Sen. Cory Booker (D-N.J.) appeared on NBC's Meet the Press Sunday morning and delivered a scathing rebuke of his own party, saying it has “failed this moment.”  Booker was on the show to promote his new book, and host Kristen Welker read a passage from it in which he argues that political coalitions can’t succeed if they exclude people based on “purity tests” or demand total agreement on every issue.  In his book, he wrote, “We cannot cancel...