Starbucks is closing hundreds of stores and cutting 900 jobs as part of a $1 billion plan to improve its business.
Industry
Funcom Announces Layoffs After Record-Breaking 'Dune: Awakening' Launch
Funcom celebrates Dune: Awakening's massive launch yet announces layoffs as it restructures for live operations and prepares for a big console release.
YouTube Agrees to $24.5M Settlement Over Trump Account Suspension
YouTube agrees to a $24.5 million settlement with Donald Trump over his account suspension after January 6 Capitol riots.
Lufthansa Unveils Largest Job Cuts Since Pandemic, 4,000 Roles at Risk
Lufthansa will cut 4,000 administrative jobs by 2030 in its biggest post-pandemic shakeup, aiming to boost efficiency through digitalization and AI.
China's Economic Struggles Deepen With Prolonged Factory Slowdown
China's factory slowdown stretched into a sixth month in September, fueling concerns over weak demand and stalled U.S. trade talks.
Latest News
YouTube TV faces new contract battles with NBCUniversal and Disney. Some questions about channel access and soaring subscription costs are appearing.
California-based Greek restaurant chain Opa! files for Chapter 7 bankruptcy, closing all locations and planning asset liquidation.
Volvo Cars plans to build a new hybrid model in the U.S. to boost local production and navigate changing tariff policies.
Google's new AI Plus plan brings Gemini tools, storage, and integrations to 40 countries, offering advanced AI at a fraction of Pro's cost.
Eli Lilly announces a $6.5 billion manufacturing plant in Texas to meet rising demand for its obesity pill and other small-molecule drugs.
Amazon will close all 19 UK Fresh stores and shift focus to online grocery delivery with same-day service launching in 2026.
Disney+ raises subscription prices again starting October 21, affecting both standalone plans and bundles.
Nvidia is investing $100 billion in OpenAI to boost AI innovation with powerful data center chips.
Kroger recalls frozen shrimp over possible radioactive contamination with cesium-137.
