Business news

195 Articles
Business news

October monthly job cuts surged to a 22-year high

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...

Business news

Yum Brands begins strategic review for struggling Pizza Hut chain

Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in...

Business news

Kimberly-Clark to buy Kenvue in $48.7 billion deal

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...

Business news

Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful...

Business news

X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged to...

Business news

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the...

Business news

Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef...

Business news

Travis Kelce part of investor group aiming to revive struggling Six Flags

A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes...