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    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by January 15, 2025
    by January 15, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed…

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  • Investing

    USDA documented insects and slime at Boar’s Head plants, records show

    by January 15, 2025
    by January 15, 2025

    Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year…

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  • Investing

    Southwest Airlines pauses corporate hiring, most summer internships to cut costs

    by January 15, 2025
    by January 15, 2025

    Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events…

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  • Investing

    Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

    by January 14, 2025
    by January 14, 2025

    Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with…

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  • Investing

    MSNBC President Rashida Jones steps down after four-year tenure

    by January 14, 2025
    by January 14, 2025

    Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the cable…

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  • Investing

    SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty

    by January 14, 2025
    by January 14, 2025

    The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they…

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  • Investing

    Comcast and Harris Blitzer to build NBA, NHL stadium in south Philadelphia

    by January 14, 2025
    by January 14, 2025

    Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia…

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  • Investing

    Barry’s Bootcamp announces new investment as others exit boutique fitness category

    by January 14, 2025
    by January 14, 2025

    As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The…

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  • Investing

    Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia

    by January 14, 2025
    by January 14, 2025

    Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia…

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  • Investing

    IAC approves spinoff of home improvement marketplace Angi

    by January 14, 2025
    by January 14, 2025

    Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it…

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