Industry
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
Lululemon sues Costco for allegedly selling knockoff activewear that closely mimics its popular designs.
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.
Over 140,000 pounds of bologna recalled nationwide due to undeclared meat ingredients, warns USDA.
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.
Luckin Coffee enters the U.S. market with two NYC stores, challenging Starbucks with app-only ordering and competitive prices.
Home Depot is acquiring GMS for $4.3 billion to expand services for professional builders and contractors.
Mark Zuckerberg's ambitions for Meta AI starts with its new Superintelligence Labs led by his latest acquired talent.
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 and adds new perks for Executive Members, including early access and monthly shopping credits.
Kroger plans to open 30 new stores in 2025 while closing underperforming locations to boost growth and customer loyalty.