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Kraft Heinz Plans Major Breakup, Spinning Off Grocery Arm Worth Up to $20 Billion
Kraft Heinz plans to spin off its grocery business worth up to $20 billion in a major restructuring move to boost growth and shareholder value.
Indeed, Glassdoor Cut 1,300 Jobs as AI-Driven Hiring Emerges
Indeed and Glassdoor are laying off 1,300 employees as Recruit Holdings restructures to prioritize AI and streamline operations across both platforms.
Tesla Pushes to Launch Robotaxi Service in Phoenix, Files for AV Testing in Arizona
Tesla has applied to test and operate self-driving cars in Phoenix, aiming to expand its robotaxi service after a limited launch in Austin.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
Glavprodukt, a U.S.-founded canned food company seized by Russia, shifts focus to China and North Korea as domestic sales plunge.
Latest News
Ritz recalls peanut butter crackers nationwide due to labeling error that may pose serious allergy risks.
TikTok plans to launch a separate U.S.-only app by September 2025 amid pressure to sell its American operations.
X CEO Linda Yaccarino has stepped down from her leadership role following the new and improved but still problematic release of Grok.
Max has now been changed back to its HBO Max name following their rebrand two years ago as its parent companies are splitting up.
Eli Manning dropped plans to buy a stake in the Giants, citing a steep price tag and conflicts with his ESPN deal that would limit team access and activities.
Nvidia is the first company to achieve a $4 trillion valuation thanks to AI, dethroning Apple from the top spot yet again.
The U.S. has sanctioned individuals and companies tied to a North Korean scheme using fake American tech identities to fund its missile program.
Sam Altman and Mark Zuckerberg are expected to meet at Sun Valley amid rising tensions over Meta's hiring of OpenAI talent.
Jeff Bezos sells $666M in Amazon shares as part of a plan to offload stock through 2026.
Trump announces a 50% tariff on copper imports and signals steep pharmaceutical tariffs to boost US production.

















