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Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.NBC News - 2d -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.CNBC - 2d -
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Fyre Festival 2 tickets go on sale after spectacular flameout in 2017
Event organizer Billy McFarland went to prison for fraud after the first Fyre Festival epically failed. Now he's ready to get the party started — again.CBS News - 2d -
Johnson searches for consensus on budget resolution as opposition grows ahead of key vote
Speaker Mike Johnson (R-La.) and his leadership team are feverishly searching for consensus on the House GOP conference's plan to advance President Trump's legislative agenda, which has thus far ...The Hill - 2d -
Divide with key allies grows over Trump deal that favors Russia
While the divide between the United States and key allies grows over support for Ukraine, President Donald Trump appears focused on terms of a deal that are favorable for Russia. NBC’s Peter ...NBC News - 2d -
Disease outbreaks and starvation set to grow after USAID cuts
Millions of people around the world are today feeling the repercussions of President Donald Trump’s decision to freeze international aid for 90 days and shut down the U.S.NBC News - 2d -
Tesla sales slid by nearly 50% across Europe at the start of 2025
A drop in new registrations for Tesla came even as sales of battery-electric vehicles rose an overall 34% in the region, with Volkswagen and SAIC Motor increasing their market share.MarketWatch - 1d -
Fyre festival 2: tickets go on sale for follow-up to infamous disaster
No musical line-up has been confirmed but tickets to the Mexican sequel are now available with prices up to $1.1m. Tickets to the second Fyre festival have gone on sale this week, promising a more ...The Guardian - 1d -
As Texas measles outbreak grows, parents are choosing to vaccinate kids
As the measles outbreak in Texas keeps spreading, parents who previously chose not to vaccinate their children are now lining up to get their kids the MMR shots.NBC News - 1d -
Why did Tesla sales fall for the first time in 12 years?
Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...CBS News - 1d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 1d -
Trump defends Musk as backlash to federal workers ultimatum grows
President intervenes amid first signs of internal dissension as government departments push back. Donald Trump has stepped in to defend Elon Musk from a mounting backlash in his own ...The Guardian - 1d -
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Texas measles outbreak grows and the Detroit Pistons' turnaround: Morning Rundown
Budget fight over limits on Trump's power. Measles vaccine falsely blamed for Texas outbreak. Russia's rare minerals offer. And the Detroit Piston's hot streak.NBC News - 1d -
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Tesla shares falling as European sales drop. Is Musk to blame?
Tesla's shares dropped by more than 9% as sales in at least five European countries disappoint. CBS News' Ramy Inocencio reports on the potential correlation to Elon Musk.CBS News - 22h -
'It's not unusual': RFK Jr. comments on growing Texas measles outbreak
When questioned about a growing measles outbreak in West Texas that has claimed at least one life, Health & Human Services Secretary Robert F. Kennedy Jr. told reporters "we have measles outbreaks ...NBC News - 19h -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - 15h -
Tesla’s Tumbling European Sales Could Foreshadow Trouble Domestically
The EV maker’s sales fell 45 percent amid CEO Elon Musk’s ongoing involvement in political affairs in the U.S. and abroad.Inc. - 16h -
AFP grows Capitol Hill footprint; Trump 2028 push looks to House
Americans for Prosperity (AFP) may be in the doghouse with President Trump, but it is increasing its footprint on Capitol Hill as it advocates for its top priority this year: Extension of the ...The Hill - 2h -
AI Assistants Join the Factory Floor
Manufacturers already have the data. LLM-powered tools could help them make use of it.Wired - 3d -
Donald Trump halting anti-bribery laws will harm, not help US companies
President’s order means a race to the bottom rigged against US, argues anti-corruption watchdog Transparency International. Bribery is not a victimless crime. Stories listing the amount paid or the ...The Guardian - 6d -
The World Is in a Polyester Crisis. One Company Is Trying to Recycle a Way Out
The European company Reju may have developed the polyester recycling technology the textile industry needs. The question is whether the world is ready for it.Wired - 6d -
SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - 5d -
Top shale boss says US oil companies will not flock back to Russia
Harold Hamm warns executives will be wary of any peace deal between Trump and PutinFinancial Times - 5d -
Trump signs order protecting American companies from ‘overseas extortion’
President Trump issued a memo on Friday that seeks to protect American companies and innovators from what he called "overseas extortion," adding to a bevy of actions proposed in his first month in ...The Hill - 4d -
Stock splits tend to boost a company’s shares. Here’s how to find candidates.
Stock splits make companies more attractive investments and boost share prices. Here’s how to find likely candidates.MarketWatch - 4d -
Officials Are Fired at Traffic Safety Agency Investigating Musk’s Company
The National Highway Traffic Safety Administration has laid off 4 percent of its workers, a transportation official said. The agency has raised questions about crashes involving Tesla’s ...The New York Times - 4d -
Greenpeace says a pipeline company’s lawsuit threatens the organization’s future
A Texas pipeline company’s lawsuit accusing Greenpeace of defamation, disruptions and attacks during protests against the Dakota Access Pipeline goes to trial in North Dakota on Monday.NBC News - 3d -
Bearded Bronx Bombers: Yankees Follow Other Companies Loosening Dress Codes
The team’s decision to repeal a half-century rule banning beards reflects widespread post-pandemic changes on attire and appearance across U.S. businesses.Inc. - 2d -
Antivirus software company ordered to pay customer $16.5M: How to file a claim
Millions of American consumers who bought antivirus software from Avast may be eligible to receive a portion of a $16.5 million settlement, the Federal Trade Commission (FTC) announced Monday.The Hill - 2d -
Insurance companies denying some additional breast cancer screenings
Millions of American women are at high risk for breast cancer but many insurances don’t cover the costs of follow-up screenings needed to detect the disease. Typically, the companies cover one ...NBC News - 2d -
Krispy Kreme’s stock heads for a new low as company warns of weaker revenue
Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.MarketWatch - 1d -
Register now: Applications open for the world's top fintech companies of 2025 list
For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies.CNBC - 1d -
EU to keep climate goals but loosen rules for companies, says green chief
Bloc has to balance protection of the planet and economic growth, Teresa Ribera arguesFinancial Times - 1d -
Why Building a Dream Company Beats Having a Dream Job Every Time
To retain talent, leaders must rethink employee engagement and priorities beyond just mere perks.Inc. - 1d -
UK seeks to ban companies named in Grenfell report from government contracts
Public inquiry into deadly fire triggers proposals to reform way construction materials are tested and regulatedFinancial Times - 23h -
Axon Enterprise CEO describes how the company aims 'to make the bullet obsolete'
Axon Enterprise CEO Rick Smith told CNBC's Jim Cramer on Wednesday how the company is trying to help police reduce gun use.CNBC - 12h -
China puts brakes on US stock listings for homegrown companies
Beijing’s securities regulator concerned about IPOs of companies with small capitalisation and weak fundamentalsFinancial Times - 8h