Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay…
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Business News
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Business News
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200…
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Business News
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to…
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Business News
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest…
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Business News
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still…
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Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades…
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Business News
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that…
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Business News
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by…
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Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement…
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McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle…