Business news

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Business news

Bargain hunters drive Walmart sales and outlook higher

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season....

Business news

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 signaled ongoing skepticism about the longevity of the...

Business news

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 broader flight from riskier assets as investors worried...

Business news

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 customers, the company announced on Wednesday. The termination...

Business news

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 maker pushed through abrupt software changes faster than...

Business news

Apple’s AI chief abruptly steps down

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple...

Business news

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and...

Business news

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’ for...

Business news

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4...

Business news

Shopify says a daylong Cyber Monday outage has been resolved

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual...