On Tuesday, Macy’s announced plans to close approximately 150 of its namesake stores while focusing on opening new locations in better areas or those offering luxury goods. This strategic shift reflects the company’s emphasis on successful operations, like the higher-end ...

On Tuesday, Coca-Cola CEO James Quincey remarked that inflation is showing signs of moderation across most markets, following a period during which the beverage company relied on price increases to drive revenue growth. Coke revealed its fourth-quarter results, revealing that ...

Boeing experienced a decline in aircraft orders and deliveries in January, partly due to the aftermath of a midflight incident involving a fuselage panel blowout on one of its 737 Max 9s, overshadowing the company’s strong performance in 2023. In ...

Chief Executive Officer Bob Bakish revealed in an internal memo to employees on Tuesday that Paramount Global is initiating layoffs, just a day after CBS celebrated record Super Bowl viewership. Approximately 800 employees, constituting an estimated 3% of the workforce, ...

Trading for shares of Intuitive Machines surged on Thursday as the space company embarked on its inaugural mission to the moon’s surface earlier in the day. A SpaceX rocket successfully launched Intuitive’s IM-1 mission, carrying a cargo lunar lander loaded ...

Following Shake Shack’s robust fourth-quarter earnings report, the company’s shares surged by 26% on Thursday, reaching a new 52-week high of $98.90. Over the past 12 months, the stock has risen by over 67%. Here’s a breakdown of the company’s ...

Jeff Bezos’ $2 billion stock sale last week brought with it an additional benefit: avoiding state taxes. Last year, Bezos announced on Instagram his decision to leave Seattle, where he had lived for nearly 30 years, and relocate to Miami. ...

YouTube has made a significant investment in the NFL to enhance its subscriber base, with content creators playing a crucial role in this strategy. Following YouTube’s commitment of $2 billion annually to secure the rights for NFL Sunday Ticket, YouTube ...

Levi Strauss announced on Thursday that it will lay off at least 10% of its global corporate workforce as part of a restructuring initiative, anticipating weaker sales for the year ahead. The layoffs are expected to occur in the first ...

The Cybersecurity and Infrastructure Security Agency (CISA) has issued a new alert regarding potential vulnerabilities in your Google Chrome browser and Microsoft Excel spreadsheets. The agency has identified two recent exploits that could enable hackers to gain unauthorized access to ...