Industry

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.

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.

AMD Shares Rise After it Unveils New AI Chips to Compete with Nvidia

Advanced Micro Devices (AMD) has experienced a notable spike in its shares after unveiling its new artificial intelligence (AI) chips.


Latest News

McDonald's First CosMc's Spinoff Restaurant to Open This Week in Illinois
McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.
After Blackpink Renews Contract With YG Entertainment, K-Pop Agency Shares Spike 29%
After announcing the renewal of exclusive contracts with all four members of Blackpink, YG Entertainment experienced a significant surge in its stock value.
Abercrombie & Fitch Sued by Ex-CEO Mike Jeffries, Demanding to Cover Legal Fees Related to Sexual Abuse Lawsuit
Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.
Apple's Market Cap Climbs Back Above $3 Trillion for the First Time Since August
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.
Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors
Elon Musk's artificial intelligence startup X.AI reportedly seeks to raise up to $1 billion in funding from equity investors.
Gold Price Hits New Record High; Bitcoin Value Also Surges
Gold has achieved a new record high, accompanied by a notable surge in the value of Bitcoin. Gold has achieved a new record high, accompanied by a notable surge in the value of Bitcoin, signaling a shift in investor strategies influenced by changing interest rate expectations, according to BBC.
Spotify to Lay Off 17% of Its Workforce — Here’s What CEO Daniel Ek Has to Say
Music streaming giant Spotify has announced a significant workforce reduction, saying it will lay off 17% of its employees.
Uber Shares Jump After the Ride-Hailing Company Picked to Join the S&P 500 Index
Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.
This Crypto Blockchain Emerges as Preferred Platform by Terrorist Groups Like Hamas and Hezbollah
Tron has reportedly emerged as the preferred platform for crypto transfers supporting groups like Hamas and Hezbollah.
Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion
Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion. Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.