Browsing: Business
Boeing will lay off more than 200 workers based in South Carolina as part of a massive cost-cutting drive that will slash 17,000 employees — or 10% of its workforce.…
Shari Redstone paid off a nearly $200 million debt held by her family business that controls Paramount – and she did it with cash mostly fronted by tech tycoon Larry…
Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said Tuesday, in a deal that a source said valued the company at around $8 billion, including debt. Reuters had reported on Monday,…
President-elect Donald Trump’s social media company is in advanced talks to buy cryptocurrency firm Bakkt, according to a report. Trump Media & Technology Group is nearing an all-share purchase of…
Colgate-Palmolive was flagged by federal regulators for using water that is contaminated with a dangerous bacteria to manufacture its popular Tom’s of Maine toothpaste as well as to clean the…
Walmart reported earnings and revenue that beat expectations as shoppers slammed by sticky inflation flocked to the discount chain to start their holiday shopping. In the three months ended Oct.…
Sam Altman is personally pitching OpenAI investors on backing an upstart challenger to chipmaking giant Nvidia — even as Nvidia reportedly ramps up its business ties with Elon Musk, The…
CNN anchor Dana Bash said she wasn’t certain whether a group of Neo-Nazis marching in Ohio were extremists from the far right or the far left during an interview with…
“The Daily Show” host Jon Stewart mocked “Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski for their hypocrisy in rushing to meet with President-elect Donald Trump — after the pair parroted…
Two top contenders to serve as Donald Trump’s Treasury secretary are engaged in what is being reported as a “knife fight” — and the president-elect is apparently widening his list…