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Hasbro To Lay Off 1,100 Employees as It Struggles With Weak Toy Sales Amid Holiday Season

Hasbro To Lay Off 1,100 Employees as It Struggles With Weak Toy Sales Amid Holiday Season

Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.


Warren Buffett-Led Conglomerate Berkshire Hathaway Cuts Stake in HP to 5.2%

The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%. The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.

Macy's Receives $5.8 Billion Buyout Offer: Report

Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.

Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval

The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.


Latest News

US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November
The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.
Maximizing Social Security Retirement Benefits: Experts Reveal Strategies to Get Bigger Monthly Checks
Experts reveal strategies to boost Social Security retirement benefits to help people get bigger monthly checks.
Why Billionaire Tech Leader Romesh Wadhwani Is Investing $1 Billion on AI's Future
Billionaire tech leader Romesh Wadhwani, 75, has expressed a sense of falling behind in the rapidly evolving landscape of artificial intelligence (AI).
Investing Experts Say Now Is the Best Time to Invest in Small- and Midsize-Company Stocks — Here's Why
Amid the dominance of large-company stocks, investing experts suggest that now is an opportune time to explore smaller firms' stocks.
Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation
Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."
Elon Musk Trashes Bob Iger, Says Disney CEO Should Be 'Fired Immediately'
Elon Musk has called for the immediate ouster of Disney CEO Bob Iger. Elon Musk has escalated his feud with Disney CEO Bob Iger, taking to his social media platform, X, to call for his immediate ouster.
JPMorgan Chase Gives Gloomy Outlook, Says 99% of Americans Will Be Worse off Financially in 2024 Than Pre-Pandemic
JPMorgan Chase claims that 99% of Americans have already exhausted the excess savings they accumulated during the COVID-19 pandemic.
SPAIN-TELECOM-TECHNOLOGY
Advanced Micro Devices (AMD) has experienced a notable spike in its shares after unveiling its new artificial intelligence (AI) chips.
 Paypal Australia Unit Used Unfair Term in Small Business Contracts, Court Finds
Amazon has informed its users that it will stop accepting Venmo as a payment method starting January 10.
Italy Formally Withdraws From Belt and Road Agreement With China
Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances.