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Browsing: Business

Business

Instagram chief compares 'addictive' platform to Netflix binge-watching during trial testimony: report

Instagram chief Adam Mosseri on Wednesday pushed back on claims the platform is dangerously addictive, reportedly telling jurors in a high-profile Los...

Business

Raising Cane’s begins 30-year anniversary with star-studded Super Bowl week celebration in San Francisco

To celebrate its 30th birthday, Raising Cane's pulled off perhaps its most epic celebrity get-together in San Francisco for Super Bowl week.With partn...

Business

Cake mixes now carry 'death' risk as FDA escalates recall to highest danger level over allergen

The U.S. Food and Drug Administration (FDA) has elevated a nationwide recall of cake and bread mixes to a Class I designation – its most serious warni...

Business

NewsGuild battles New York Times over hybrid work, ‘wrongly excluding jobs’ from union and health fund

FIRST ON FOX — The NewsGuild of New York is irked at The New York Times leadership. The Times Guild Bargaining Committee sent staffers a newsletter on...

Business

Heineken to cut up to 6,000 jobs globally, lowers profit growth forecast amid industry struggles

Heineken said Wednesday it plans to cut up to 6,000 jobs globally and expects slower profit growth in 2026 as the beer industry grapples with weak dem...

Business

Activist sportswear brand XX-XY Athletics sees Super Bowl weekend marketing spike with year-old commercial

The activist sportswear brand XX-XY Athletics saw a year-old ad explode in viewership over Super Bowl weekend, leading to sales tripling compared to a...

Business

Barron Trump linked to beverage company based near Mar-a-Lago

Barron Trump is listed in public records as a director of a new beverage business based near Mar-a-Lago.Filings submitted last month in Florida and De...

Business

Estée Lauder sues Walmart over alleged counterfeit beauty sales

Estée Lauder Companies and several of its luxury brands have filed a federal lawsuit accusing Walmart of allowing counterfeit beauty and fragrance pro...

Business

Ford CEO says 'customer has spoken’ after EV shift drives major quarterly loss

Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker's electric vehicle (EV) division, as well as the impact of t...

Business

Expert credits Trump tax certainty for economic confidence, Americans returning to workforce

Washington skeptics were quieted Wednesday morning as the January jobs report beat expectations, revealing a resilient American workforce that added 1...

Business

Stanford psychiatrist testifies in California trial that social media platforms are designed to be addictive

An expert witness in a case brought by a California woman against Meta, the parent company of Facebook and Instagram, testified that the design featur...

Business

Novo CEO blasts ‘mass compounding’ of GLP-1 drugs as safety battle escalates

GLP-1 weight-loss drugs are now the focus of a heated legal battle, with a leading drugmaker warning that copycat versions pose a risk to patient safe...