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Meta cutting 5% of workforce through performance-based attrition
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with…
Chip giant TSMC announces $100B investment in US
Semiconductor giant Taiwan Semiconductor Manufacturing Co. (TSMC) announced a $100 billion investment in the U.S.…
Baby fruit puree recall over elevated patulin toxin levels by Initiative Foods
A nationwide recall has been issued for a baby fruit purée after federal testing found…
Spirit Airlines sells jets, recalls flight attendants amid bankruptcy
Spirit Airlines reached a deal to sell 20 of its Airbus jetliners and is recalling…
Bill Ackman bets big on Meta with $2B investment stake
Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the…
Ford posts $11.1B quarterly loss on EV charges, worst quarter since 2008
Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker's…
Kraft Heinz halts company split, invests $600 million in turnaround
Kraft Heinz is pumping the brakes on plans to break up the company, with its…
Pennsylvania men guilty in AI fraud scheme targeting Minnesota housing program
Two men from Pennsylvania admitted to repeatedly traveling from Philadelphia to Minneapolis in an effort…
Sydney Sweeney rings NYSE opening bell with American Eagle CEO
Actress Sydney Sweeney rang the opening bell at the New York Stock Exchange (NYSE) on Monday…
Dow Jones Industrial Average closes above 50,000 points for first time
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday…
Dow Jones Industrial Average tops 50K points for first time
The Dow Jones Industrial Average topped 50,000 points for the first time on Friday as…
Stellantis takes $26.5 billion charge on EV production cuts
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts…
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