NBC News begins layoffs as MSNBC prepares to operate independently under new parent company Versant.
Industry
Kering Offloads Beauty Arm to L'Oréal for $4.66 Billion, Eyes Luxury Wellness Venture
Kering sells its beauty division to L'Oréal for $4.66 billion, aiming to cut debt and explore luxury wellness ventures.
IKEA to Hike US Prices as Trump's 25% Furniture Tariffs Take Effect
IKEA will raise U.S. furniture prices as Trump's new 25% import tariffs take effect, impacting popular items like sofas and bedroom sets.
J&J Faces New Legal Battle in UK Over Alleged Asbestos Contamination in Baby Powder
Over 3,000 UK victims sue Johnson & Johnson over claims of asbestos in baby powder linked to cancer.
Businesses Warn of Labor Shortages as Trump Faces Lawsuit Over H-1B Visa Costs
US businesses sue Trump administration over $100,000 H-1B visa fee, warning of labor shortages.
Latest News
Smucker's sues Trader Joe's, claiming its crustless PB&J sandwiches copy the look and design of Uncrustables.
Walmart partners with OpenAI to launch instant shopping through ChatGPT, making online purchases faster and easier.
General Motors takes a $1.6 billion hit after Trump cuts EV tax credits and eases emissions rules.
First Brands CEO resigns amid bankruptcy as $2.3 billion in company funds remain unaccounted for.
Warner Bros Discovery rejects Paramount's early $20-per-share takeover offer, signaling tough negotiations ahead.
After 15 years leading Apple to a $4 trillion valuation, Tim Cook may soon retire, sparking speculation about who will take over the tech giant next.
Discord shared updates on its customer service data breach and now claims that 70,000 government IDs may have been leaked.
Tesla launches budget Model 3 and Model Y EVs, but stock falls as investors remain cautious despite price cuts.
Verizon appoints former PayPal CEO Dan Schulman as its new chief executive, replacing Hans Vestberg.
