Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.
Industry
Disney Is About to Lose Exclusive Rights to Original Mickey Mouse: Here's What to Know
The iconic "Steamboat Willie" version of Mickey Mouse is poised to enter the public domain in 2024, marking the end of a 95-year copyright period for Disney.
LinkedIn Cancels Plan to Move to Microsoft Azure — Here's Why?
LinkedIn has opted not to proceed with its plan to relocate its data center technology to Microsoft's Azure cloud.
In Historic Decision, US Greenlights a New Nuclear Reactor That Does Not Use Water for Cooling
In a historic move, the US Nuclear Regulatory Commission (NRC) has given California startup Kairos Power a construction permit for its Hermes demonstration reactor that departed from traditional nuclear reactor cooling method.
Etsy to Axe 11% of Its Workforce as Weak Sales Persist Into Holiday Season
Etsy is set to reduce its workforce by 11% as part of a broader effort to restructure and streamline costs amid challenging market conditions.
Latest News
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.
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.
Advanced Micro Devices (AMD) has experienced a notable spike in its shares after unveiling its new artificial intelligence (AI) chips.
The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).
Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024. Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024, emphasizing uncertainties surrounding shoppers' purchasing power amid higher credit card balances and shrinking household bank accounts.
McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.
After announcing the renewal of exclusive contracts with all four members of Blackpink, YG Entertainment experienced a significant surge in its stock value.
Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.
Apple's market capitalization has again reached the $3 trillion milestone after its shares experienced a 2% climb to $193.42 per share on Tuesday.
