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Largest private company in US plans mass holiday layoffs The largest private company in the US is quietly firing about 8,000 employees right before Christmas. Cargill, a major ingredients business and food production company, has been hit hard after grocery prices dropped recently as crops the company trades, including wheat, corn and soybeans, hit new lows. Cargill's businesses fell short of reaching their earnings goals in fiscal 2024, with less than a third of their businesses doing so. WHY SO MANY CARGILL WORKERS WILL LOSE THEIR JOBS
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Markets
DJIA | 44,705.53 | -0.17% |
S&P 500 | 6,049.88 | 0.05% |
Nasdaq Composite | 19,480.91 | 0.40% |
Japan: Nikkei 225 | 39,175.55 | -0.19% |
UK: FTSE 100 | 8,359.41 | 0.56% |
Crude Oil Futures | 69.95 | 0.01% |
Gold Futures | 2,661.60 | -0.24% |
Yen | 149.96 | 0.25% |
Euro | 1.05 | -0.06% | * As of market close |
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Trump offers to make Canada '51st state'
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Amazon launches AI models to rival big tech
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Trump ranks among least wordy politicians
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Extra point
Which US presidents gave the shortest and longest inaugural address? Monday's answer: The first non-book items sold on Amazon were video games and music in 1998. Amazon now carries over 12 million products.
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