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Real-time News
Raytheon Technologies (RTX.N) subsidiary Raytheon Company: Investing in its Andover, Massachusetts facility to enhance its capabilities to meet the needs of Low-Tier Air and Missile Defense Sensors (LTAMDS).On October 15th, Fortune magazine reported, citing multiple sources familiar with the matter, that Amazon (AMZN.O) is planning to lay off up to 15% of its human resources department staff, with additional layoffs likely occurring in other divisions. Two sources familiar with the matter said Amazons human resources department (internally known as PXT) will be hardest hit in this round of layoffs, with other parts of the companys core consumer products business also likely to be affected. The specific number of layoffs and the exact timeline for Amazons layoffs have not yet been determined. Earlier this year, Amazon carried out relatively limited layoffs in areas such as its consumer devices division, the Wondery podcast division, and Amazon Web Services.Raytheon Technologies (RTX.N) subsidiary Raytheon Company has launched a $53 million expansion project for its low-level air and missile defense sensor facility.Market news: Leaders of Japans Liberal Democratic Party and Restoration Party will hold a meeting at 6 pm today.JPMorgan Chase: Raised LVMHs target price from €525 to €545.
