Industry
Snapchat Parent Company Lays Off 1,000 Employees Amid AI Shift
Snap Inc. is laying off 1,000 employees and closing open roles as it shifts toward AI and cuts costs in a major company restructuring plan.
Ticketmaster and Live Nation Lose Antitrust Trial Over Alleged Monopoly Control
Ticketmaster and Live Nation lose a major antitrust trial after a jury finds they illegally monopolized the U.S. live event ticketing market.
US Aviation Consolidation Talk Grows as United Airlines CEO Eyes Partnership With American Airlines
United Airlines CEO Scott Kirby suggests a potential merger with American Airlines, sparking debate over consolidation in the U.S. aviation industry.
Macy's Confirms New Store Closures in California and Multiple U.S. States
Macy's announces 14 new store closures across the U.S., including two in California, as part of its plan to shut 150 underperforming locations by 2026.
Latest News
Mercedes-Benz recalls over 24,000 vehicles from 2018–2020 due to a drive shaft defect that may increase crash risk, NHTSA says.
McDonald's is launching new refreshers, sodas, and energy drinks to compete in the growing beverage market and attract budget-conscious customers.
A lawsuit claims Costco failed to properly notify customers before membership renewals, raising concerns about billing and cancellation practices.
Google is investing $10 million to train 40,000 manufacturing workers in AI, aiming to close skills gaps and boost productivity.
FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.
USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.
Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.
USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.
The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.
Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.

















