Business news
Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs...
adminJune 7, 2025 
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese...
adminJune 6, 2025 
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests...
adminJune 5, 2025 
OpenAI tops 3 million paying business users, launches new features for workplace
OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February. The...
adminJune 5, 2025 
Peloton launching resale market for used bikes, treadmills
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes...
adminJune 4, 2025 
McDonald’s Snack Wrap is officially returning. Here’s when.
Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide:...
adminJune 4, 2025 
Byron Allen puts broadcast TV stations up for sale
Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank Moelis...
adminJune 3, 2025 
Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped...
adminMay 31, 2025 
U.S. foreign tax bill sends jitters across Wall Street
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system....
adminMay 31, 2025 
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly...
adminMay 30, 2025 