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    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by admin January 16, 2025
    January 16, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC…

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  • Business

    Disney wins the 2024 box office as year-end receipts offer a welcome boost

    by admin January 16, 2025
    January 16, 2025

    Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of…

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  • Business

    There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

    by admin January 16, 2025
    January 16, 2025

    The election of Donald Trump in November and a swing back to Republican power in Washington is already…

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  • Business

    Southwest Airlines pauses corporate hiring, most summer internships to cut costs

    by admin January 15, 2025
    January 15, 2025

    Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without…

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  • Business

    Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

    by admin January 15, 2025
    January 15, 2025

    Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier…

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  • Business

    MSNBC President Rashida Jones steps down after four-year tenure

    by admin January 15, 2025
    January 15, 2025

    Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years…

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  • Business

    USDA documented insects and slime at Boar’s Head plants, records show

    by admin January 15, 2025
    January 15, 2025

    Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory…

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  • Business

    Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia

    by admin January 14, 2025
    January 14, 2025

    Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new…

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  • Business

    Microsoft CEO Nadella forms new AI group to build and run apps for customers

    by admin January 14, 2025
    January 14, 2025

    Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers,…

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  • Business

    IAC approves spinoff of home improvement marketplace Angi

    by admin January 14, 2025
    January 14, 2025

    Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in…

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