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Browsing: Business

Business

Disney CEO unveils entertainment giant's new 3-pillar growth plan

New Disney CEO Josh D'Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes...

Business

Legendary economist known for 1969-70 recession prediction warns downturn may hit in 2026

Gary Shilling, the legendary forecaster known for his bearish accuracy and being fired from Merrill Lynch for predicting the 1969-70 recession, is sou...

Business

Beloved candy company shutters after 141 years as costs soar

A Texas candy company with roots dating back more than a century is winding down most of its operations as rising costs and shrinking margins pressure...

Business

PayPal eyes 20% job cuts as profit falls, outlook weakens

PayPal is reportedly weighing cuts of up to 20% of its workforce as the payments giant ramps up cost-cutting efforts under new leadership.The potentia...

Business

Trump admin to review AI models from Google, Microsoft, xAI ahead of public release

The Trump administration on Tuesday announced that it had reached new agreements with Microsoft, Google DeepMind and Elon Musk's xAI to expand collabo...

Business

Mamdani's clash with billionaire puts NYC street food vendors in the crosshairs

A threat from hedge fund Citadel to put a halt to its $6 billion Midtown Manhattan offices over a tax proposal from Mayor Zohran Mamdani threatens are...

Business

Gen Jack Keane warns return to combat ‘inevitable’ after Iran ceasefire violations

The prospect of renewed conflict in the Middle East is intensifying as tensions escalate in the Strait of Hormuz, with military leaders warning that a...

Business

Delta to scrap snacks and beverages from hundreds of flights, expand offerings on others starting this month

Delta Air Lines is expanding snack and drink service on thousands of flights, but for travelers on hundreds of short routes, the beverage cart is abou...

Business

Popular potato chips recalled due to salmonella fears

Utz Quality Foods is recalling certain Zapp's and Dirty brand potato chips that were sold at retail stores nationwide, the Food and Drug Administratio...

Business

Chevron CEO says economies 'are going to have to slow' as Strait of Hormuz closure disrupts oil supply

Chevron CEO Mike Wirth on Monday said that shortages in the oil supply chain will start appearing around the world because of the closure of the Strai...

Business

Seahawks Super Bowl hero Derick Hall partners with iconic American brand to promote parenting amid adversity

Seattle Seahawks linebacker and recent Super Bowl hero Derick Hall and his mother, Stacy Gooden-Crandle, have partnered with the classic American diap...

Business

Subway closed over 700 US stores as franchise model faces strain

Subway is shrinking again – and the reason matters beyond sandwiches.The chain closed a net 729 U.S. locations in 2025 – its steepest drop in years –...