Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase its operating expenses $1 billion over the next 12 months, in part to raise employ… [+1076 chars]
Xiaomi is one of the better-known Chinese smartphone brands. The company has managed to build a significant presence in markets across the globe, particularly emerging markets. If you were to ask som… [+1820 chars]
Bankrupt crypto lender Celsius Network now likely has enough money to fund its operations until the end of the year, Chief Financial Officer Chris Ferraro testified Friday during a bankruptcy hearing… [+2314 chars]
Meta Platforms IncMETA, formerly known as Facebook, in June told its employees that it planned to not only reduce its hiring target, but it was going to "turn up the heat" on employees via stricter p… [+2029 chars]
The Ethereum community is more giddy than usual. On weekly Zoom calls dedicated to technical matters, Ethereum developers have been celebratingeven singingas they advance toward the mergean event hai… [+18520 chars]
It's been a challenging year for everyday and professional investors alike. Since the year began, both the broad-based S&P 500 and technology-dependent Nasdaq Composite have fallen into bear mark… [+8757 chars]
Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar… [+333 chars]
The Federal Trade Commission announced this week that it would send thousands of checks totaling more than $822,000 to student loan borrowers who lost money in a debt-relief scam. More than 14,500 c… [+3164 chars]
Twitter went wild over a CNN Business article on Friday spinning recently-lowered gas prices in the country as a “$100-a-month raise.” The piece, written by CNN Business senior writer Chris Isidore,… [+3364 chars]
Axsome Therapeutics, Inc. AUVELITY is the first and only rapid-acting oral treatment approved with labeling of statistically significant improvement in depressive symptoms compared to placebo starti… [+25886 chars]
A US judge has ordered Starbucks to reinstate seven employees at a cafe in Memphis, Tennessee who were allegedly fired for supporting a union campaign, as the coffee chain struggles to halt pending n… [+1654 chars]
Wayfair CEO: Our team is too large for the environment we are now in Photo by David L. Ryan / The Boston Globe via Getty Images Wayfair saw a spike in sales at the beginning of the pandemic as cust… [+2078 chars]
