Business
The best business news
Boeing CEO: ‘We caused’ 737 Max 9 blowout
Boeing is responsible for a door plug recently blowing out on a 737 Max 9 airplane midflight earlier this month...
TikTok, X, Meta CEOs face lawmakers over child safety
The Senate Judiciary Committee questioned several social media CEOs about online child safety Wednesday, raising concerns about alleged shortfalls. The...
Walmart adding 150 U.S. stores as part of 5-year expansion plan
Walmart plans to add 150 stores in the U.S. as part of a five-year expansion plan that will require millions...
New York sues Citibank for failing to reimburse fraud victims
The New York state's attorney general's office is suing Citibank, alleging it failed to reimburse victims of electronic fraud and...
UPS to lay off 12,000 amid flat demand
UPS plans to cut 12,000 jobs, or around 2.4% of its workforce, amid flat demand. Three-fourths of the cuts will...
Home prices begin to cool after nine-month streak
Growth in home prices dropped by 0.2% in November after enjoying a nine-month streak. Twelve of 20 major metro markets...
Walmart offers stock, higher salaries to retain managers
Walmart is increasing salaries and benefits, including offering company stock, as it aims to boost retention of store managers. Managers...
iRobot to cut 31% of staff after deal with Amazon falls through
iRobot, which makes the Roomba, plans to lay off around 350 employees, or 31% of its staff, after mutually agreeing...
Court orders Bayer to pay $2.25B in damages, shares drop
A court has ordered Bayer to pay $2.25 billion in damages related to its weedkiller Roundup, with the payment to...
Big pharma firms expected to take hits from patent expiries
The top 20 biopharma companies, including Bristol Myers Squibb, Johnson & Johnson and Merck, have about $180 billion in sales at risk...
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