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Categories Economy

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 4, 2025

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules

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Categories Economy

Shopify says a daylong Cyber Monday outage has been resolved

December 4, 2025

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the

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Categories Economy

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

December 4, 2025

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly

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Categories Economy

Airbus says most of its recalled 6,000 A320 jets are now modified

December 2, 2025

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster

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Categories Economy

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

November 29, 2025

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination

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Categories Economy

Stock market sinks as AI and interest rate worries grip investors

November 24, 2025

What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of

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Categories Economy

Bitcoin and other crypto assets sink in flight from risk

November 24, 2025

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors

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Categories Economy

Bargain hunters drive Walmart sales and outlook higher

November 22, 2025

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping

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Categories Economy

U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

November 22, 2025

The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a

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Categories Economy

What AI bubble? Nvidia’s strong earnings signal there’s more room to grow

November 22, 2025

U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there

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Categories Economy

Longtime Walmart CEO to step down in January

November 18, 2025

Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to

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Categories Economy

More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day

November 15, 2025

More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor

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Categories 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 highest

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Categories 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

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