Nikola files for Chapter 11 bankruptcy after struggling with cash flow, leadership changes, and market challenges.
Industry
Jeff Bezos Announces Overhaul at Washington Post; Editorial Chief David Shipley Steps Down
Jeff Bezos announces a major overhaul at The Washington Post, prompting the departure of editorial chief David Shipley.
Apple's Bold $500 Billion Plan Includes Houston Server Facility and Thousands of Jobs
Apple plans a $500 billion U.S. investment, including a Houston server facility, creating thousands of jobs.
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.
Latest News
February 28 Economic Blackout aims to send a powerful message as Americans halt spending for 24 hours to protest corporate rollbacks on DEI initiatives.
Denny's plans to close up to 178 locations by 2025 due to aging buildings and underperformance, surpassing initial closure targets.
The Washington Post rejected an anti-Elon Musk ad after initially approving it, sparking concerns over corporate influence and press independence.
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 a sweeping workforce reduction, raising concerns over food and medical safety.
Hermès is rewarding the hard work of its staff worldwide with bonuses, which has become a regular practice for the luxury fashion house.
Broadcom and TSMC explore potential acquisitions of Intel assets, sparking industry and national security concerns.
Protesters across the US rally against Elon Musk's political influence, urging people to sell Teslas and challenge his involvement in government operations.
US and India aim to double bilateral trade to $500 billion by 2030, addressing tariffs, defense, and energy cooperation.
