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Browsing: Business

Business

Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO

Verizon Communications is planning to cut up to 15,000 jobs this month as new Chief Executive Dan Schulman launches an aggressive cost-cutting drive t...

Business

New York AG Letitia James threatens to take Condé Nast to court over ‘Fired Four’

New York Attorney General Letitia James threatened to take Condé Nast to court over the "Fired Four" on Wednesday night during a union rally outside t...

Business

Pfizer CEO vows company will be a ‘formidable competitor’ in booming weight-loss market after $10B buy

Pfizer Inc. is doubling down on the booming weight-loss drug race, with CEO Albert Bourla declaring the company will be a "formidable competitor" afte...

Business

Shutdown delays October inflation report – what does the Fed's data say?

The longest government shutdown in history has impacted the release of several key economic reports, including October inflation numbers that were due...

Business

Traders bet on Zohran Mamdani deportation odds on Kalshi and Polymarket

Traders on prediction market platforms Kalshi and Polymarket are betting on the odds of New York City Mayor-elect Zohran Mamdani's deportation by the...

Business

Treasury's Bessent says 'substantial' relief on coffee, bananas prices coming soon

Treasury Secretary Scott Bessent said Wednesday that the Trump administration will soon announce actions that will reduce prices on some grocery items...

Business

Stanley Cup champion becomes one of the NHL's biggest business partners with luxury watch business

Mark Streit's lifelong goal was to always play in the National Hockey League, and that mission was accomplished long ago.Upon retirement, though, the...

Business

1K unionized Starbucks baristas launch labor strike at 65 stores

More than 1,000 unionized Starbucks baristas went on strike at 65 stores in major U.S. cities Thursday, protesting stalled labor negotiations with the...

Business

Flight reductions frozen at 6% as air traffic controller callouts see ‘rapid decline’

The Department of Transportation (DOT) and the Federal Aviation Administration (FAA) issued an emergency order Wednesday evening freezing flight reduc...

Business

Ford launches immersive Mustang experience with Hollywood cars and Marvel star Anthony Mackie

Ford Motor Company has unveiled a new way to experience one of America’s most iconic cars.The automaker on Saturday opened "American Icon: A Mustang I...

Business

Travel chaos erupts after Marriott-backed hotel chain plans bankruptcy: report

Sonder announced Monday it is immediately winding down operations and plans to file for bankruptcy, just one day after Marriott International terminat...

Business

LARRY KUDLOW: Democratic attempts to sabotage the Trump boom are failing miserably

The more I think about this outrageous, stupid, and pointless Schumer shutdown, the more I can see that this never had anything to do with Obamacare,...