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Browsing: Business

Business

Social media trial verdict: What happens now, how much will tech giants really pay?

A $6 million verdict against Meta and Google in a closely watched social media addiction trial may signal the start of a far broader legal threat for...

Business

Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company

Meta is cutting roughly 700 jobs on Wednesday, a source familiar with the matter confirmed to FOX Business.The layoffs are expected to affect several...

Business

Meta slashes hundreds of jobs; layoffs hit multiple teams across the company: reports

Meta is cutting hundreds of jobs Wednesday, the company confirmed to FOX Business.A spokesperson said the layoffs are part of ongoing restructuring ef...

Business

Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges

The U.S. Postal Service is reportedly planning to impose a fuel surcharge on package deliveries for the first time in the agency's history amid surgin...

Business

Jury finds Meta, Google liable in landmark social media addiction trial, awards more than $6M in damages

A Los Angeles jury on Wednesday found Meta and Google liable in a closely watched trial accusing social media platforms of designing their products to...

Business

Lyft to launch nationwide fuel savings program as drivers feel pinch from rising gas prices

Lyft is rolling out a temporary relief plan for its drivers across the U.S. as rising gas prices continue to cut into earnings.The company announced W...

Business

New proposal would cap Social Security benefits at $100K for wealthy couples

Social Security is facing the threat of insolvency in less than a decade, and a new proposal would cap the amount of Social Security benefits that a c...

Business

Iran war fuels Asia energy crunch as India, Japan, others feel strain

The latest phase of the Iran war is locked on the Strait of Hormuz and critical energy infrastructure. Already, its effects are rippling thousands of...

Business

Rowe warns of massive workforce shakeup, says Sanders is right: ‘Revolution unlike anything' we’ve seen coming

A rare point of agreement is emerging across ideological lines as concerns grow over how artificial intelligence could reshape the American workforce....

Business

Jury finds Meta, Google liable in landmark social media addiction trial, awards $3M in damages

A Los Angeles jury on Wednesday found Meta and Google liable in a closely watched trial accusing social media platforms of designing their products to...

Business

Jamie Dimon says US has 'become like Europe' on defense, and it's holding the country back

JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement, and it's holding the countr...

Business

‘Conditions for a labor market crisis’: Rising care costs push women out of workforce

The American dream is becoming increasingly difficult for many women who are leaving the U.S. workforce, as new data highlights ongoing pressures tied...