Meta lays off staff in Reality Labs as it restructures VR and AR teams to boost efficiency.
Industry
Grain Millers Recalls 63,000 Pounds of Oats Due to Plastic Risk, FDA Says
Grain Millers recalled 63,000 pounds of oats due to plastic contamination risk, according to the FDA.
DOGE's Cost-Cutting Efforts Could Cost US Taxpayers Big Time: Report
DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.
EV Industry Faces Uncertain Future With Tariffs; Tesla, Volkswagen May Have Edge
Tariffs threaten the EV industry's growth, but Tesla and Volkswagen may gain an advantage with more American-made vehicles.
Shein, Temu Start Raising Prices as US Ends 'De Minimis' Tariff Loophole
Shein and Temu raise prices as the U.S. ends a key tariff loophole for low-cost imports.
Latest News
Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.
McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.
Trump's meme coin, $TRUMP, surged by 58% after offering an exclusive dinner with the former president to top coin holders.
Southwest Airlines cuts flights and suspends its financial outlook as economic uncertainty weakens travel demand.
Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.
Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.
Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.
Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.
The FDA has paused its milk testing program after major staff cuts, raising concerns about national food safety.
