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    Microsoft confirms performance-based job cuts across departments

    by January 10, 2025
    by January 10, 2025

    Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus…

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  • Business

    Disney says about 157 million global users are streaming content with ads

    by January 10, 2025
    by January 10, 2025

    Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and…

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  • Business

    Dockworkers union, port companies reach tentative 6-year deal

    by January 9, 2025
    by January 9, 2025

    Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance, which represents 14…

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  • Business

    Tariff threat looms over the year’s biggest electronics show

    by January 9, 2025
    by January 9, 2025

    Tech companies big and small are offering bold visions of artificial intelligence-infused products that could be headed into our everyday lives soon. Unless…

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  • Business

    Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

    by January 9, 2025
    by January 9, 2025

    D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall…

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  • Business

    U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

    by January 8, 2025
    by January 8, 2025

    The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion…

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  • Business

    Panera Brands CEO steps down; CFO to fill in as interim chief

    by January 8, 2025
    by January 8, 2025

    Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge…

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  • Business

    Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

    by January 8, 2025
    by January 8, 2025

    Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial…

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  • Business

    FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

    by January 8, 2025
    by January 8, 2025

    Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending  antitrust…

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  • Business

    Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants

    by January 7, 2025
    by January 7, 2025

    Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing…

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