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    Microsoft CEO Nadella forms new AI group to build and run apps for customers

    by January 14, 2025
    by January 14, 2025

    Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday.…

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  • Investing

    Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal

    by January 13, 2025
    by January 13, 2025

    WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion…

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  • Investing

    Chuck E. Cheese makes a comeback, with trampolines and a subscription program

    by January 12, 2025
    by January 12, 2025

    Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its…

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  • Investing

    McDonald’s to close three CosMc’s locations — and open two more

    by January 12, 2025
    by January 12, 2025

    McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more…

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  • Investing

    Meta announces end of its DEI programs. Read the memo.

    by January 11, 2025
    by January 11, 2025

    Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring…

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  • Investing

    Vince McMahon settles with SEC over hush money agreements as civil assault case continues

    by January 11, 2025
    by January 11, 2025

    The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million…

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  • Investing

    Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

    by January 10, 2025
    by January 10, 2025

    Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement…

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  • Investing

    Microsoft confirms performance-based job cuts across departments

    by January 10, 2025
    by January 10, 2025

    Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At…

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  • Investing

    Disney says about 157 million global users are streaming content with ads

    by January 10, 2025
    by January 10, 2025

    Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms —…

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  • Investing

    Dockworkers union, port companies reach tentative 6-year deal

    by January 9, 2025
    by January 9, 2025

    Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance,…

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