Federal News
HELSINKI (AP) — Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or over 10% of its staff, to reduce costs as it invests in research and development and tries to cement its role as a key supplier of 5G technology. The … [Continue reading] about Nokia to cut up to 10,000 jobs to ramp up R&D in 5G race
WASHINGTON (AP) — The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become so concentrated that they’re hurting competition, consumers and the economy. The … [Continue reading] about Battling bigness: Congress eyes action against monopolies
Many, if not most, career federal and postal workers will retire with a decent annuity, indexed to inflation. In many respects, it will be superior to what their private sector counterparts get or will get. Few, if any, non-governmental employers … [Continue reading] about Inflation: The retirees’ biggest enemy
ANN ARBOR, Mich. (AP) — Digit marches on two legs across the floor of the University of Michigan’s Ford Motor Co. Robotics Building, while Mini-Cheetah — staccato-like — does the same on four and the yellow-legged Cassie steps deliberately … [Continue reading] about Ford partners with U-M on robotics research, new building
MINNEAPOLIS (AP) — The Minnesota Vikings released defensive tackle Shamar Stephen on Tuesday, continuing the overhaul of a front four that fell off badly last season. Stephen’s departure will clear $3.75 million in space under the salary cap for 2021 … [Continue reading] about Vikings continue defense revamp, release DT Shamar Stephen
