Gap cutting 500 corporate jobs as it battles weak sales
Gap is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles ...
Tag: Business
FTC seeks more info on Amazon’s $1.7B deal for Roomba maker
The Federal Trade Commission has asked Amazon and iRobot for more information on the e-commerce giant’s $1.7-billion buyout of the Roomba vacuum maker. In a ...
Billionaire David Rubenstein warns 100-point Fed rate hike would ‘depress’ markets
The Carlyle Group co-founder David Rubenstein argued that if the Federal Reserve moves to increase interest rates 100 basis points, ...
Dow falls 300 points ahead of Fed rate-hike decision
Wall Street’s main indexes fell 1% on Tuesday as investors positioned themselves for new economic projections and another large interest ...
Google mistakenly cuts $250K check to tech whiz
A self-proclaimed hacker and security expert was sent nearly $250,000 by Google in a gaffe by the search giant – ...
Twilio announces 11% of employees will lose jobs in ‘Anti-Racist’ layoffs
Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that ...
Critics rip CBS over decision to cut Queen’s funeral to air game shows
CBS News insiders slammed the struggling network over its tone-deaf decision to cut short coverage of Queen Elizabeth II’s funeral ...
Apple’s iPhone 14 easier to repair if back glass is cracked
Apple’s new iPhone 14 base model looks similar to its predecessor but is redesigned on the inside, making it much easier to ...
Ben & Jerry’s founders call out Unilever over Israel dispute
The co-founders of Ben & Jerry’s have accused its parent company, Unilever, of infringing on the ice cream company’s rights ...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
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