Not all fintech unicorns are cutting jobs. After Klarna announced plans to lay off 10% of its workforce Monday, some rival fintechs are making it clear that they have no intention of cutting jobs or… [+2611 chars]
Abbott Laboratories confirmed to Congress on Wednesday that the company expects to have its shuttered facility at the heart of the baby formula shortage up and running in a week and a half, setting t… [+3410 chars]
SEATTLE Alaska Airlines pilots, represented by the Air Line Pilots Association, said Wednesday an "overwhelming" amount of its pilots authorized union leaders to call a strike if contract negotiation… [+4203 chars]
Former Twitter CEO Jack Dorsey’s time at the company has come to an end. Dorsey stepped down from Twitter’s board of directors Wednesday, a change that’s effective as of the company’s shareholders me… [+1357 chars]
As a handful of Apple retail locations begin the process of unionizing, the trillion-dollar company’s vice president of people and retail Deirdre O’Brien delivered a warning to 58,000 retail staff in… [+4668 chars]
Much has been made about an imminent, full-blown recession, triggered by the unwinding of record stimulus by the Federal Reserve and resulting steep correction in stock and bond prices.While the clea… [+13890 chars]
Hyundai is recalling 239,000 vehicles due to seatbelts that have the potential to explode and injure passengers. Three injuries have been reported as a result, with two in the U.S. and one in Singap… [+1710 chars]
Kohl's shares surged more than 15% Wednesday, after being briefly halted, on hopes that the retailer could still be bought following recent a volatile market and a recent disappointing earnings repor… [+3077 chars]
DUBLIN, Ohio (WCMH) — The largest shareholder of Dublin, Ohio-based fast-food giant Wendy’s is considering acquiring the entire company. Wendy’s stock jumped 9.8 percent Wednesday after Trian Fund M… [+1360 chars]
Nvidia Corp. shares fell in the extended session Wednesday after COVID shutdowns in China and the war in Ukraine shaved half a billion dollars off the chip makers outlook for the current quarter, whi… [+5349 chars]
Walmart is apologizing for a new flavor of the retailer's branded ice cream called "Juneteenth," which is sparking criticism that the company is trying to cash in on the holiday commemorating the end… [+2915 chars]
Heading into the peak summer driving season, which kicks off on Memorial Day weekend, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per… [+3318 chars]
