Stock
Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed...
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USDA documented insects and slime at Boar’s Head plants, records show
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year...
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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events...
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Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with...
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MSNBC President Rashida Jones steps down after four-year tenure
Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the cable...
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SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty
The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they...
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Comcast and Harris Blitzer to build NBA, NHL stadium in south Philadelphia
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia...
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Barry’s Bootcamp announces new investment as others exit boutique fitness category
As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The...
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Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia...
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IAC approves spinoff of home improvement marketplace Angi
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it...
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