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Categories Business

GM cuts 50% of Cruise staff after ending robotaxi business

Author February 5, 2025

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM

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Categories Business

Fox reveals plans to launch subscription streaming service this year

Author February 5, 2025

Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s

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Categories Business

Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

Author February 4, 2025

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other

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Categories Business

Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’

Author February 4, 2025

By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming more

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Categories Business

Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

Author February 3, 2025

Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian

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Categories Business

Costco and Teamsters reach tentative contract agreement, avoid strike

Author February 2, 2025

Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman

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Categories Business

WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid

Author February 2, 2025

As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this

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Categories Business

Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.

Author January 31, 2025

Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public

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Categories Business

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Author January 31, 2025

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned

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Categories Business

Starbucks announces several changes, including plans to cut some menu items

Author January 30, 2025

Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus

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