Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing…More
Browsing: Economy
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its…More
Valentino, founder of Italian luxury empire, dies at 93
ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known…More
Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late…More
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a…More
Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors…More
Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a…More
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Campbell’s has fired an executive accused of making racist comments and mocking its products and…More
Airbus says most of its recalled 6,000 A320 jets are now modified
PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane…More
Apple’s AI chief abruptly steps down
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company…More