Industry

Joann to Conduct Going-Out-of-Business Sales Before Closing All Stores

Joann to Conduct Going-Out-of-Business Sales Before Closing All Stores

Joann Fabrics announces the closure of all stores after auctioning its assets, with going-out-of-business sales now underway.


Starbucks Cuts 1,100 Jobs, 30% of Its Menu to Stay Competitive

Starbucks announces layoffs of 1,100 corporate workers and cuts 30% of its menu to streamline operations and boost sales.

Alibaba Joins AI Race with a $52 Billion Investment Over Three Years

Alibaba announces a $52 billion investment in AI and cloud computing over the next three years, aiming to lead China's tech race.

JetBlue Seeks New Airline Partner After Spirit, American Deals Blocked

JetBlue is exploring new airline partnerships after its deals with Spirit and American Airlines were blocked by federal regulators.


Latest News

Denny's Expands Closure Plans: Up to 178 Locations Will Shut
Denny's plans to close up to 178 locations by 2025 due to aging buildings and underperformance, surpassing initial closure targets.
Washington Post Rejects Advocacy Groups’ Anti-Elon Musk Ad After Initial
The Washington Post rejected an anti-Elon Musk ad after initially approving it, sparking concerns over corporate influence and press independence.
Delta Plane Crashes on Snowy Runway in Toronto; Passengers Evacuated
Delta Flight 4819 crashes at Toronto Pearson Airport, with all 80 passengers safely evacuated and 19 treated for injuries.
Trump Administration Fires FDA Staffers in Sweeping Workforce Reduction
Trump administration fires FDA staffers in a sweeping workforce reduction, raising concerns over food and medical safety.
Hermès
Hermès is rewarding the hard work of its staff worldwide with bonuses, which has become a regular practice for the luxury fashion house.
Chip Giants Broadcom and TSMC Consider Buying Parts of Intel
Broadcom and TSMC explore potential acquisitions of Intel assets, sparking industry and national security concerns.
Tesla Faces Backlash as Protesters Denounce Elon Musk’s Political Influence
Protesters across the US rally against Elon Musk's political influence, urging people to sell Teslas and challenge his involvement in government operations.
US, India Aim to Double Trade as Trump Pushes for
US and India aim to double bilateral trade to $500 billion by 2030, addressing tariffs, defense, and energy cooperation.
A full-size replica of Blue Origin's crew capsule is displayed
Blue Origin lays off 10% of its workforce to streamline operations after the successful New Glenn launch.
Airbnb
Airbnb seems to be on its way to growing its portfolio, announcing that it will reveal new businesses it plans to launch and scale
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