U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is the highest total for October in over 20 years, …
Business
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Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for …
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Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies …
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Business
Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
by adminby adminPresident Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful year end ahead. “This quarter, our U.S. …
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Business
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
by adminby adminTarget said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base. About 1,000 …
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By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s …
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Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News
by adminby adminThe newly formed media corporation Paramount Skydance has acquired The Free Press, an online news and commentary outlet co-founded by Bari Weiss, who will join CBS News as editor-in-chief. Weiss …
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OpenAI DevDay 2025: Apps in ChatGPT, GPT-5 Pro, Sora 2, and a Huge AMD Deal Signal a Platform Play
by adminby adminOpenAI’s latest event (October 6, 2025) wasn’t just a feature drop—it was a statement of intent. The company unveiled apps that run inside ChatGPT, a new Apps SDK for developers, …
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LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring the rights to Fyre Festival. And …
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Business
Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning
by adminby adminJerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under …