AWS takes a hit in latest round of Amazon layoffs

When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers, instead referring to Jassy's memo to employees that was published this morning as the gist of its statement.

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  Amazon confirms another round of layoffs, impacting 9,000 people in AWS, Twitch and other units

  TechCrunch
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  Amazon will lay off another 9,000 employees in the coming weeks

  Engadget

What Wall Street is saying about UBS buying Credit Suisse

Wall Street largely sees positive signs while digesting the historic deal.

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  After UBS buys Credit Suisse, here's where investors may focus next

  Yahoo Finance
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  UBS chairman on Credit Suisse deal: We hoped this day would not come

  Yahoo Finance

Oil prices fall despite central bank action: Time to buy the dip?

The turmoil in the banking industry continues to weigh on oil prices.

Investors face 3 big questions as a rolling banking crisis shakes markets

As concerns over a looming banking crisis weigh on the minds of investors, one economist says the ultimate outcome will depend on three major questions.

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  What Wall Street is saying about UBS buying Credit Suisse

  Yahoo Finance
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  After UBS buys Credit Suisse, here's where investors may focus next

  Yahoo Finance