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Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions

The Australian state of New South Wales announced that general retail trade would be closed for the entirety of April 25 every year in commemoration of Anzac Day.

Elon Musk was held not liable for failing to pay at least $500 million in severance to thousands of Twitter employees he laid off after buying the firm.

Costco will raise membership fees starting in September, the first in 7 years.

Credit Gnomes addresses long-standing challenges in the property management industry by enabling property managers to report tenants' rental payment data directly to major credit bureaus—Experian, Equ

Chinese authorities are reviewing an investigative report which alleged the practice of using fuel tankers to carry cooking oil, rocking the country into a major food safety scandal.

Intuit announced it will lay off 1,800 employees as part of an AI-focused reorganization, with plans to rehire at least that many in fiscal 2025.

CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.

The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.

A newly disclosed state report reveals that raw milk from Raw Farm in Fresno, California, has been linked to the largest salmonella outbreak in a decade, sickening at least 165 people.

California franchisees are cutting employee hours and raising prices in response to a new law raising the minimum wage for fast food workers to $20 per hour, while workers see mixed impacts.

Guangzhou Duoyi Network Co. Ltd confined an employee, Liu Linzhu, to a dark room without power or communication for four days to pressure him into resigning.

In China, Microsoft employees were banned from using Android phones and were forced to use iPhones only as a device, sparking social media backlash due to overreliance on foreign technologies.

A US pharmacy study found that most patients prescribed Wegovy or Ozempic for weight loss discontinue their use within two years.

Former SpaceX employee alleges a "frat boy" culture at the company, where colleagues joked about being drunk while overseeing rocket launches and described pervasive casual sexism.

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