Prince Harry's interview with Barack Obama aired on the BBC's Radio 4 on Wednesday. The royal sat down with the former president to discuss social media's effect on society. While Obama did credit social media to part of his political success, he acknowledged a bubble phemonenon, saying one of the dangers of the internet is that people can have entirely different realities.
What do you get the Kardashian who has everything? Stock - and lots of it. Kanye West gave his wife Kim Kardashian hundreds of thousands of dollars worth of stocks for Christmas. including Amazon, Apple, Netflix, Disney, and Adidas.
Americans are expected to send back approximately $90 billion dollars worth of goods, according to reports from Optoro, a firm that tracks the business of return shipments. The firm notes that January is peak time for all returns, but 40 percent of holiday returns happen immediately after Christmas, between December 26th and 31st.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
