Industry

Bloomberg faces a lawsuit alleging a senior manager used internal chats for sexual harassment, with claims the company failed to act on complaints.

Snap Inc. is laying off 1,000 employees and closing open roles as it shifts toward AI and cuts costs in a major company restructuring plan.

Ticketmaster and Live Nation lose a major antitrust trial after a jury finds they illegally monopolized the U.S. live event ticketing market.

United Airlines CEO Scott Kirby suggests a potential merger with American Airlines, sparking debate over consolidation in the U.S. aviation industry.

Disney cuts 1,000 jobs in a major restructuring under new CEO Josh D'Amaro, impacting film, TV, ESPN, and corporate divisions.

Mercedes-Benz recalls over 24,000 vehicles from 2018–2020 due to a drive shaft defect that may increase crash risk, NHTSA says.

McDonald's is launching new refreshers, sodas, and energy drinks to compete in the growing beverage market and attract budget-conscious customers.

A lawsuit claims Costco failed to properly notify customers before membership renewals, raising concerns about billing and cancellation practices.

Google is investing $10 million to train 40,000 manufacturing workers in AI, aiming to close skills gaps and boost productivity.

FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.

USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.

Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.

USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.

The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.

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Bloomberg Exec Accused of Turning Internal Chat Into Sexual Harassment Channel