Cellular

FOX Business Briefs 7/23

Auto stocks get boost from Japan trade deal; Hilton lifts 2025 profit forecast; AT&T adds subscribers; Wendy's and Netflix's “Wednesday” cook up "Meal of Misfortune".

Ericsson to cut 1,400 Jobs as orders slow

The cuts are part of an effort the company announced late last year to reduce costs by 9 billion Swedish kronor, equivalent to about $861 million, by the end of 2023.