Industry

138-Year-Old Food Giant Del Monte Files Chapter 11 Amid Shifting

138-Year-Old Food Giant Del Monte Files Chapter 11 Amid Shifting Consumer Trends

Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.


Kraft Heinz Recalls Turkey Bacon Shipped Nationwide Over Bacterial Contamination Risk

Kraft Heinz recalls over 367,000 pounds of Oscar Mayer turkey bacon due to potential listeria contamination.

Microsoft Lays Off 9,000 Employees, Reducing Layers of Management for Agility

Microsoft lays off 9,000 employees to streamline management and boost efficiency across teams.

Xbox's Phil Spencer Is Not Retiring Despite Rumors Claiming Otherwise

Xbox head Phil Spencer is not retiring, and he is not part of the thousand who have lost their jobs due to Microsoft's layoffs.


Latest News

Costco Faces Lululemon Lawsuit for Allegedly Selling Knockoff Activewear
Lululemon sues Costco for allegedly selling knockoff activewear that closely mimics its popular designs.
Amazon’s Robots Are About to Outnumber Warehouse Workers
Amazon now has over 1 million robots in its warehouses and is rolling out smarter AI, hinting at a big shift toward automation that could reshape warehouse jobs.
140,000 Pounds of Bologna Pulled From Shelves for Undeclared Meat
Over 140,000 pounds of bologna recalled nationwide due to undeclared meat ingredients, warns USDA.
AT&T Rejects Blame Over Trump’s Conference Call Glitch
Trump slammed AT&T for a failed faith leader call, but the company says a third-party conference platform, not their network, was actually to blame.
Starbucks Battles New Challenger With Luckin Coffee’s US Entry in
Luckin Coffee enters the U.S. market with two NYC stores, challenging Starbucks with app-only ordering and competitive prices.
Home Depot Strikes $4.3 Billion Deal to Acquire Building Supplier
Home Depot is acquiring GMS for $4.3 billion to expand services for professional builders and contractors.
Mark Zuckerberg
Mark Zuckerberg's ambitions for Meta AI starts with its new Superintelligence Labs led by his latest acquired talent.
Apple Siri
Apple may reportedly no longer rely on its internal AI developments and opt for third parties like OpenAI or Anthropic for Siri instead.
Costco Extends Saturday Hours, Adds Perks for Executive Shoppers
Costco extends Saturday hours and adds new perks for Executive Members, including early access and monthly shopping credits.
Kroger Pushes Ahead with Store Growth Plans for Next Year
Kroger plans to open 30 new stores in 2025 while closing underperforming locations to boost growth and customer loyalty.
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