Target is cutting about 1,000 corporate positions and eliminating 800 open roles in an effort to speed up business decision-making and drive growth under its new chief executive, Michael Fiddelke. ...
Ford Motor cut its profit guidance on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of some of its most lucrative vehicles through the end of the yea...
Some Coca-Cola products are being recalled over the potential presence of foreign material in the products, according to federal officials. About 1,115 units of Coca-Cola Zero Sugar 12-ounce cans i...
Three major US airports issued ground stops or delays Thursday, all attributed to staffing shortages amid the federal government shutdown. Ronald Reagan Washington National Airport (DCA) near Washi...
The Trump administration favors Paramount Skydance to buy Warner Bros. Discovery – and a number of rival bidders are likely to face stiff hurdles from US regulators in the blockbuster auction, On Th...
Social media giant Reddit is suing Perplexity AI and three other firms over alleged “industrial-scale” scraping of posts from its website. Perplexity – a San Francisco-based startup with its own...
Wall Street bankers are set to rake in record bonuses this year, according to a new report from New York’s bean counter-in-chief, with profits fueled by a resurgence in dealmaking and a soaring stoc...
Warner Bros. Discovery has launched a formal auction of the media giant, with bankers at JPMorgan and Allen & Co. combing through expressions of interest from multiple suitors – including one fr...
The US national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New da...
After being heavily implicated in the teen vaping crisis — including years of legal battles and agreeing to pay out $1.7 billion over claims of misleading advertising — many assumed Juul Labs was ...
