Category: Business

Hasbro, owner of Wizards of the Coast, to lay off 15% of workforce

By Seattle Times business reporter Hasbro, the parent company of Renton-based Wizards of the Coast, announced Thursday its plans to lay off 15% of its global workforce, a total of 1,000 employees. Hasbro declined to specify if the layoffs would hit Wizards of the Coast employees. “The elimination of these positions will impact many loyal …

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There’s no whiskey in small bottles of Fireball. Now the company is being sued : NPR

Smaller bottles of Fireball do not contain whiskey, but a blend of malt beverage, wine and additional flavors and colors. Customers are suing the company for fraud, alleging the packaging is misleading. US District Court for the Northern District of Illinois hide caption toggle caption US District Court for the Northern District of Illinois Smaller …

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Green Hydrogen Production: Electrolyzer Markets 2023-2033: IDTechEx

1. EXECUTIVE SUMMARY 1.1. History of the hydrogen economy 1.2. Recent development in the hydrogen market 1.3. Important competing factors for the green H2 market 1.4. Electrolyzer Systems Overview 1.5. Electrolyzer systems comparison – operating parameters 1.6. PEMEL-AWE efficiency trend 1.7. Pros and cons of electrolyzer technologies 1.8. SOEL systems: a substitute for AWE? …

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Netflix will put a stop to password sharing by end of March

Netflix plans to bar users from sharing passwords for free by the end of March of this year, according to a recent company announcement in a letter to shareholders. Back in October, the streaming giant said it would begin charging subscribers who share their accounts but did not give a specific date or information for …

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Posco Holdings 2022 Net Profit Fell 51%, Below Market Consensus — Earnings Review

By Kwanwoo Jun Posco Holdings Inc. reported its 2022 results Friday. Here’s what we watched: NET PROFIT: The South Korean steelmaker’s net profit fell 51% to 3,560 trillion won ($2.89 billion) in 2022. REVENUE: For the full year, revenue rose 11% to KRW84,750 trillion, while operating profit fell 48% to KRW4,850 trillion, largely in line …

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EV battery giant LG Energy Solution upbeat on N.America market outlook

Sees limited impact on battery prices from drop in EV prices Sees demand for US-made batteries continuing to grow In talks with Tesla, other EVs to supply batteries from proposed Arizona plant SEOUL, Jan 27 (Reuters) – Battery maker LG Energy Solution (LGES) (373220.KS) said on Friday demand for electric vehicle (EV) batteries in North …

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