Industry

Fedex To Cut 10 Percent Of Its Executive Level Positions

FedEx Pilots Tentatively Win Major Wage Gains After Years of Talks

FedEx pilots secure a tentative deal with major pay raises and retroactive bonuses after nearly five years of negotiations.


Josh D'Amaro Kicks Off Disney Leadership With Workforce Reductions Affecting 1,000 Employees

Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.

Ford Requests Temporary Relief From 25% Aluminum Tariffs After Novelis Fires

Ford requests temporary relief from 25% aluminum tariffs after Novelis fires disrupt U.S. vehicle production.

JPMorgan CEO Says High Taxes Could Drive Jobs and Residents Out of New York

JPMorgan CEO Jamie Dimon warns high taxes in New York City could drive businesses and workers to relocate to lower-cost areas.


Latest News

TrumpRx Expands as AbbVie and Genentech Add Discounted Medications to
TrumpRx expands as AbbVie and Genentech add discounted drugs, lowering prices for uninsured patients across the U.S.
Associated Press Takes White House to Court Over Media Ban
Associated Press cuts under 5% of staff as declining print revenue pushes shift to digital and broadcast news platforms.
Oracle Admits Banning TikTok in the US Could Hurt Its Revenue and Profit
Oracle hires Hilary Maxson as CFO amid mass layoffs to guide a $50 billion AI investment strategy and manage workforce restructuring.
Elon Musk
OpenAI asks state officials to investigate Elon Musk over alleged anti-competitive actions ahead of a major AI trial.
Paramount Finalizes $8 Billion Skydance Merger After Legal Roadblock
Paramount secures $24B from Gulf funds to support its Warner Bros. deal as regulators review the major media merger.
9,000-Gallon Gas Tanker Erupts in Flames Following Texas Collision
A 9,000-gallon gasoline tanker erupted in flames near Fort Worth, Texas, after a collision and downed power lines left the driver in critical condition.
Hollywood Writers Reach Surprise Four-Year Tentative Agreement with Studios
Hollywood writers reach a surprise four-year tentative deal with studios, addressing health care and AI protections after swift negotiations.
UPS Announces 48,000 Job Cuts and $3.5 Billion Cost-Saving Push
UPS and Teamsters reach a deal capping driver severance at 7,500 workers with $150,000 buyouts amid planned job cuts.
RUSSIA-INTERNET-TELEGRAM
Telegram CEO Pavel Durov says Russia's digital restrictions caused mass payment failures, sparking public frustration and a surge in resistance.
OPEC+ Holds Production Levels as Internal Crises Rattle Oil Markets
OPEC+ plans a modest oil output increase for May despite Strait of Hormuz closure, signaling readiness to boost supply once disruptions ease.
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