Business
Get the latest updates on market trends, corporate deals, financial insights, and global economic developments shaping industries worldwide
Meta to give lower bonus payouts to some employees: Report
According to the Wall Street Journal, Facebook owner Meta recently cut thousands of jobs and is now trying to reduce...
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Alibaba to split empire into 6 units as co-founder Jack Ma returns to China
Alibaba Group wants to split into six units and investigate fundraising or listing opportunities for the majority of them, the...
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Chipotle agrees to pay ex-employees after closing store that tried to unionize
Chipotle Mexican Grill will pay the former staff members of an Augusta, Maine restaurant that the business closed after the...
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Collapsed Silicon Valley Bank sold to First-Citizens Bank
The Silicon Valley Bank (SVB) will be sold to First-Citizens Bank, the FDIC announced on Monday. Under the agreement, First...
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Walmart lays off hundreds of US employees
Hundreds of employees at five US Walmart stores that process e-commerce orders are being let go as the business reduces...
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Twitter’s blue ticks will vanish on April 1; here’s how to keep them
Blue ticks on Twitter have become something of an online status symbol. In an increasingly competitive online world, the blue...
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Accenture to lay off 19,000 workers as revenue growth slows
Accenture, an Irish-American IT firm, has announced a 19% reduction in its workforce. This comes amid a deteriorating global economic...
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Tesla’s 50% price cut causes ‘havoc’ in China’s electric car market: report
In the very competitive Chinese market, Elon Musk's Tesla has adopted a strategy that has set off a price war...
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Starbucks employees plan 100-cafe strikes, accuse company of anti-union coercion
On Wednesday, as Starbucks welcomed their new CEO, Laxman Narasimhan, a strike by unionized Starbucks baristas against the company's alleged...
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