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Browsing: Business

Business

UPS retires entire fleet of planes involved in deadly Louisville crash

United Postal Service CEO Carol Tome said Tuesday that the company is officially retiring its fleet of McDonnell Douglas MD-11 cargo planes after one...

Business

Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that infl...

Business

Artists transform Super Bowl LX uniforms into hand-painted masterpieces for Fanatics Fine Art launch

As Fanatics continues to navigate the intersection where sports meet culture, a new initiative by the digital sports giant brings a fine twist to Supe...

Business

Walmart CEO Doug McMillon retiring as retailer gains more wealthy shoppers amid inflation

A major leadership transition is underway at Walmart, with CEO Doug McMillon set to retire on Jan. 31, 2026, after more than 40 years at the company....

Business

Spotify now represents one-third of the music industry's total recorded revenue in 2025

Spotify announced Wednesday that the company now accounts for roughly one-third of the music industry’s recorded music revenue, further cementing its...

Business

US-South Korea trade tensions flare over treatment of American tech firms including Coupang

A growing dispute between Washington and Seoul over the treatment of American technology companies has escalated into a broader trade confrontation. A...

Business

Bank of America to match $1,000 government deposits for Trump accounts

Bank of America announced Wednesday that it will be contributing funds to the proposed "Trump accounts" for eligible employees.The bank said it will m...

Business

Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’

Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at reducing bureaucracy an...

Business

Restaurant giant files for bankruptcy under massive debt shortly after touting major expansion

Restaurant franchiser FAT Brands, which owns popular fast-casual chains including Fatburger, Johnny Rockets and Twin Peaks, has filed for bankruptcy a...

Business

Chinese-made teething toys sold on Amazon recalled over fatal choking risk

More than 6,000 teething toys sold on Amazon are being recalled after federal safety regulators linked the products to dozens of choking incidents, in...

Business

LARRY KUDLOW: Why not obey the laws?

President Trump was in Iowa today riffing about closing the border, safety and law and order in the country, including by the way, Minnesota, remindin...

Business

Meta blocks controversial site that allegedly published thousands of DHS employee names

Meta is blocking users from sharing links to a controversial website called "ICE List," which allegedly published thousands of names of Department of...