Toast announced on Thursday its decision to cut its workforce by 10%, resulting in the termination of 550 employees.
Industry
Nike to Lay off More Than 1,500 Jobs
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
Does the Philippines Need a Whole-of-Nation Approach in the Tourism Industry? Here's What the Tourism Secretary Says
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
Wendy's Is Sweetening Its Breakfast Lineup With a New Treat From Cinnabon
Wendy's breakfast lineup is getting sweeter as it will soon add a new item from Cinnabon after partnering with the baked goods chain.
US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Latest News
Uber Technologies has announced its plan to repurchase up to $7 billion worth of company shares. Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares.
Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
Microsoft has created the "world's first floating Xbox controller" in celebration of the release of "Dune: Part Two" on March 1, alongside a special edition Xbox Series S console.
Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed to pay rent.
President Joe Biden has retained the tariffs on imports from China that were imposed during the administration of former President Donald Trump.
LG Chem has entered into an agreement with General Motors (GM), which includes a plan to build a massive battery cathode factory in Tennessee.
President Joe Biden has voiced his concern over "shrinkflation," a business practice that involves cutting product sizes while keeping prices the same.
The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
