Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Washington Post Reporters Appeal to Bezos as Layoff Fears Grow
Washington Post reporters are urging owner Jeff Bezos to halt planned newsroom layoffs, warning that shrinking coverage would weaken the paper’s journalism.
Microsoft Profits Jump on A.I. Boom, But Investors Hit Pause
Microsoft reported strong quarterly results, with revenue rising 17% to $81.3 billion and profits topping Wall Street expectations as AI adoption accelerates.
Japan Promotes 4-Day Workweek Amid Labor Shortage
Japan wants its hardworking citizens to take a break. The country is pushing for a four-day workweek to address labor shortages and improve work-life balance.
Honey Deuce Hits $10M in Sales at U.S. Open
The Honey Deuce is serving up a smash hit at the U.S. Open, with sales projected to exceed 10 million dollars by the event's end.
Brazil Blocks X; Starlink Assets Frozen
People in Brazil won't be posting on "X" anytime soon. Brazil's Supreme Court has unanimously upheld an order to suspend Elon Musk's social network.
Australia's New Law Protects Off-Hours
The country's new "Right to Disconnect" law, that went into effect August 26th of this year allows workers to put the work phone down without facing penalties.
Hotel Strike Expands to 9 U.S. Cities
Baltimore workers join the walkout against major chains like Hilton, Hyatt, and Marriott.
Disney Channels Pulled from DirecTV Amid Dispute
Disney has pulled its ABC stations, ESPN, and other cable networks from DirecTV after failing to reach a new distribution deal.
Mold, Bugs Found In Boar's Head Factory
Inspectors found dozens of violations including mold, mildew and insects at a Boars head plant in Virginia which is now linked to a nationwide deli meat recall.
Fed's Preferred Inflation Indicator Increases .2% In July
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures Price Index rising .2% in July.
Fed Cuts, Inflation, Elections, Oh My! What To Watch For In September
Market shifts are expected, with Fed rate cuts starting in September, as inflation slows and affects spending and confidence.
