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Category: Economy

Berkshire sheds GM, Johnson & Johnson, Procter & G...

Berkshire Hathaway revealed the status of the stakes it currently has in various companies in a Tuesday disclosure it submitted to...

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Court rules Tesla can block factory workers from w...

Tesla's policy prohibiting workers from wearing union t-shirts on the job was upheld by a federal appellate court which found the ...

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Bath & Body Works trims sales forecast as demand s...

Bath & Body Works on Thursday lowered its annual sales forecast on signs of slowing demand ahead of the crucial holiday season, as...

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Walmart's caution on consumer spending ahead of ho...

Walmart said shoppers slowed purchases at the end of October, in contrast to spending patterns earlier in the quarter, echoing com...

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Uber bolstering safety measures for drivers amid c...

Uber announced it is expanding safety measures for drivers including rider verification amid a rise in carjackings and other crime...

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TransUnion to cut 1,300 jobs as part of multiyear ...

The company expects to deliver $120 to $140 million of annualized operating expense savings and a $70 to $80 million capital expen...

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Target shares spike after big earnings beat

Target has had a turbulent year as nearly half of its sales come from home goods, electronics, toys and apparel products that are ...

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Dow, S&P, Nasdaq soar as investors bet Fed is fini...

Investors snapped up U.S. stocks in a broad rally after the latest inflation data signaled the Federal Reserve may be close or eve...

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Home Depot leans on demand for small projects to t...

Americans put big renovations and discretionary home-improvement projects on the back burner as they battle high food prices as hi...

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Stellantis offers buyouts to roughly half of US sa...

Stellantis is moving forward with a cost-cutting push as it prepares for the shift to electric vehicles and larger labor cost unde...

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Emirates orders 95 Boeing 777 widebody jets in dea...

Boeing will sell 95 widebody 777 jets to Dubai-based long-haul airline Emirates, the companies announced on Monday on the first da...

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WeWork co-founder Adam Neumann has 'lavish' new Fl...

WeWork co-founder and former CEO Adam Neumann is reportedly living it up in a new Miami mansion surrounded by fellow billionaires ...

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Disney plots future of its traditional TV networks

Disney is examining whether its future should include fewer television networks after CEO Bob Iger said last summer that some of D...

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Hackers hit Wall Street arm of Chinese banking gia...

A U.S. subsidiary of China’s ICBC Financial Services was hacked this week, threatening a temporary logjam for some trades in the T...

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Waffle House workers rally at corporate office, de...

Waffle House workers from Georgia, South Carolina, and North Carolina rallied outside the company's corporate office to demand imp...

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UAW members at GM's Flint plant vote against new l...

A majority of United Auto Workers members at General Motors' assembly plant in Flint, Michigan, voted against the union's tentativ...

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Disney CEO Bob Iger says company is looking to cut...

CEO Bob Iger is looking to further trim costs at the Disney, with the entertainment giant saying Wednesday it has 'increased our a...

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Amazon cuts jobs in music streaming division

Amazon has begun laying off employees in its music division, affecting workers on multiple continents. The e-commerce giant declin...

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Cruise recalling 950 driverless cars after pedestr...

General Motors' self-driving car unit Cruise is recalling 950 robotaxis as it looks to address an issue with collision detection s...

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Stellantis says 2025 Ram 1500 Ramcharger hybrid wi...

Stellantis has officially introduced the new 2025 Ram 1500 Ramcharger pickup truck. It includes a battery pack, generator and V-6 ...

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