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Carter's to Shutter 150 Stores, Lay Off 300 Workers as Tariffs Squeeze Profits
Carter's will close 150 stores and cut 300 jobs by 2026 as rising tariffs drive up costs and squeeze profits.
Cameo Accuses OpenAI of Copying Brand Name in Sora's 'Cameo' Video Generator
Cameo sues OpenAI for using its brand name in Sora's "Cameo" video feature, alleging trademark infringement and consumer confusion.
UPS Announces 48,000 Job Cuts and $3.5 Billion Cost-Saving Push by 2025
UPS cuts 48,000 jobs and closes 93 facilities in a major $3.5 billion cost-saving overhaul by 2025.
UBS Faces $400 Million Suit From Ex-Trader Tom Hayes Over Alleged Libor Scapegoating
Ex-UBS trader Tom Hayes sues the bank for $400M, claiming he was made the fall guy in the Libor scandal.
Latest News
Buy with PayPal is coming to ChatGPT thanks to a new partnership, and it will allow users to shop directly on the platform.
In the fast-paced world of business, mergers and acquisitions (M&A) have become a common strategy for growth and expansion. However, the integration process following an acquisition can often be a major stumbling block, leading to operational slowdowns and missed opportunities. Enter Gotara.
Disney channels, including ESPN and ABC, may vanish from YouTube TV by Thursday night if a new carriage deal isn't reached.
China's C919 jet faces delivery delays due to U.S. export restrictions and ongoing trade tensions.
Paramount Skydance plans to keep Warner Bros. creative teams intact while merging HBO Max with Paramount+ for a streamlined operation.
Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.
Tesla warns shareholders it may lose Elon Musk as CEO without approval of his $1 trillion pay plan.
Novartis is acquiring U.S. biotech Avidity Biosciences for $12B to expand rare muscle disorder treatments.
Hormel recalls 4.9 million pounds of frozen chicken after discovering metal fragments from a conveyor belt, urging restaurants to discard affected products.
Trump threatens a 10% tariff on Canadian imports after Ontario airs a Reagan-themed anti-tariff ad.

















