Roughly 1,400 people across Nike’s Global Operations team will be laid off, the company announced Thursday. In a memo to employees, Chief Operating Officer Venkatesh Alagirisamy said the cuts will…
Trump Media & Technology Group on Tuesday named an interim chief executive as Devin Nunes stepped aside, marking a leadership transition at the parent of Truth Social following recent board…
Investors are flocking to actively managed exchange-traded funds (ETFs) and recently pushed the amount of assets in the investment class above a notable milestone. Actively managed ETFs surpassed $1 trillion…
Anheuser-Busch is increasing its U.S. investment to $600 million over two years, expanding brewery capacity, worker training and veteran hiring as the beer giant leans further into domestic manufacturing, Fox…
Best Buy announced on Wednesday that it is promoting a longtime executive to chief executive as the consumer electronics retailer navigates shifting demand and intensifying competition across the retail sector.…
A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z and millennials bearing the brunt of high prices. However, new data from the Federal…
Generac Power Systems is recalling certain portable generators sold at Costco after identifying a defect that could cause gasoline to leak, posing a potential fire and burn hazard, according to…
Kevin O’Leary is narrowing his crypto strategy after years of experimenting across the digital asset space, arguing that most tokens have failed to justify their place in portfolios as institutional…
Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates. Fox 13 Seattle reported Tuesday that the Emerald City…
Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has granted the country $14 billion during the war. During a fiery…
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