Microsoft announced on Wednesday it will eliminate 10,000 jobs worldwide, almost 5% of its workforce, and take a $1.2-billion charge as global growth is slowing down.
The INFORM Act requires e-commerce companies to collect, verify, and disclose personal information from high-volume, third-party sellers with annual revenues exceeding $5,000 and will be enforced by the Federal Trade Commission.
President Joe Biden’s State Department is partnering with hundreds of multinational corporations to open a jobs program for refugees arriving in the United States as the nation’s labor force participation rate remains at historical lows.