7-Eleven plans to close 645 North American stores in 2026 as parent company Seven & i shifts strategy amid inflation and changing consumer habits.
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Bloomberg Exec Accused of Turning Internal Chat Into Sexual Harassment Channel
Bloomberg faces a lawsuit alleging a senior manager used internal chats for sexual harassment, with claims the company failed to act on complaints.
Snapchat Parent Company Lays Off 1,000 Employees Amid AI Shift
Snap Inc. is laying off 1,000 employees and closing open roles as it shifts toward AI and cuts costs in a major company restructuring plan.
Ticketmaster and Live Nation Lose Antitrust Trial Over Alleged Monopoly Control
Ticketmaster and Live Nation lose a major antitrust trial after a jury finds they illegally monopolized the U.S. live event ticketing market.
Before the IPO: How T-SpaceX Gave Retail Early SpaceX Exposure
Tech billionaire Elon Musk's SpaceX has reportedly filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC) this week, targeting a June 2026 listing.
Latest News
Disney cuts 1,000 jobs in a major restructuring under new CEO Josh D'Amaro, impacting film, TV, ESPN, and corporate divisions.
Mercedes-Benz recalls over 24,000 vehicles from 2018–2020 due to a drive shaft defect that may increase crash risk, NHTSA says.
Amazon's latest push towards growing its Leo satellite service is seeing two massive deals come through.
McDonald's is launching new refreshers, sodas, and energy drinks to compete in the growing beverage market and attract budget-conscious customers.
A lawsuit claims Costco failed to properly notify customers before membership renewals, raising concerns about billing and cancellation practices.
Google is investing $10 million to train 40,000 manufacturing workers in AI, aiming to close skills gaps and boost productivity.
FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.
SEATTLE — As Amazon.com Inc. navigates a pivotal year for its cloud-computing powerhouse and e-commerce empire, Wall Street is overwhelmingly bullish on the stock heading into the rest of 2026, with average price targets suggesting 20% upside from current levels and some analysts forecasting gains as high as 50%.
NEW YORK — The abrupt failure of U.S.-Iran peace negotiations in Pakistan and President Donald Trump's immediate order to blockade the Strait of Hormuz sent shockwaves through world financial markets Monday, driving oil prices above $103 a barrel and triggering sharp declines in global stock indexes as investors priced in prolonged energy disruptions and higher inflation risks.
