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Economy

Economy

October monthly job cuts surged to a 22-year high

November 7, 2025
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is the…
Economy

Yum Brands begins strategic review for struggling Pizza Hut chain

November 5, 2025
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace…
Economy

Kimberly-Clark to buy Kenvue in $48.7 billion deal

November 4, 2025
Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create…
Economy

Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

October 29, 2025
President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a…
Economy

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

October 25, 2025
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild…
Economy

Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

October 24, 2025
The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket…
Economy

Travis Kelce part of investor group aiming to revive struggling Six Flags

October 24, 2025
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership…
Economy

X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

October 24, 2025
Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged…
Economy

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

October 20, 2025
Customers of the athletic shoe company On have filed a class action lawsuit alleging that some of the brand’s sneakers squeak embarrassingly…
Economy

Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

October 18, 2025
MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said…
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