Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Sectors
Walmart Is Laying off Hundreds of Employees, Asking Remote Workers to Move to Offices
Walmart is reportedly laying off hundreds of corporate employees and requesting all its remote workers to move to the company's offices.
OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Latest News
Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.
Tesla CEO Elon Musk recently implemented a series of layoffs across the company, which unfortunately affected the entire team responsible for the brand's Supercharger technology.
OpenAI explained the reason behind the new black hole ChatGPT logo. Here's what CTO Mira Murati said.
NICB announced its list of the most stolen cars, with Kia and Hyundai at the top. Here are other vehicle brands commonly targeted by thieves.
Major airlines complain about the Biden Admin's fee disclosure rule. They're now asking a federal appeals court to remove the policy.
Roaring Kitty's return sparks meme stock surge with GameStop and AMC soaring. GameStop faces challenges despite short-term gains.
Many big media firms are concerned about the BBC's podcast advertising plan. A complaint letter has been sent to the British government.
Chinese physicists raise concerns over US trade restrictions impacting quantum research, with 22 entities, including Origin Quantum Computing Technology, facing limitations.
