LIVE 12:15 PM ET: State Department Briefing With Matthew Miller

Published on January 4, 2024

Spokesperson Matthew Miller holds a briefing at the U.S. Department of State at 12:15 p.m. on Jan. 4. ...

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VIA’s 2023 Operating Woes Will Increase in 2024, $430 Million Deficit Predicted: Report

January 4, 2024
The operating losses that plagued VIA Rail last year will continue to increase throughout 2024 due to “difficult operating and financial environments,” the taxpayer-owned railway service says.The crown corporation, which posted an operating deficit of $403.9 million in 2023, up 14 percent from 2022’s $354.3 million, is projecting a $430 million deficit this year, according to its corporate plan. T

Xerox to Lay Off 15 Percent of Employees

January 4, 2024
Xerox announced laying off a part of its workforce as it tries to reinvent the company amid slowing revenues. The recent announcement triggered a decline in its share price.Xerox is pursuing a new “business unit operating model” under which the corporation is “targeting a 15 percent workforce reduction” in the first quarter this year, it said in a Jan. 3 press release. “Proposed reductions will be