Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at the company’s cafes. In a message to corporate employees, Niccol said Starbucks is “simplifying our structure, removing layers and duplication and…
The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it…
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it,…
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an…
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in…
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told…
JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals,…
Walmart would likely see some impact from tariffs President Donald Trump is seeking to impose, especially if ones threatened…
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as…