News
Sean ‘Diddy’ Combs to Buy Cannabis Businesses for Up To $185M
Hip-hop artist and businessman Sean “Diddy” Combs has agreed to acquire licensed marijuana operations in a deal worth up to...
U.S. Job Growth Beats Expectations in October
U.S. job growth increased more than expected in October, despite Federal Reserve interest rate increases aimed at slowing a strong...
Twitter Closes Offices as Elon Musk Admits ‘Massive Drop’ in Revenue
Twitter temporarily closed its offices Friday after telling employees they would be informed by email later in the day about...
Amazon is Freezing Hiring in Corporate Workforce
Retail giant Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff...
Digital Payments Giant Stripe Lays Off 14% of Workforce
Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. The...
Washington Commanders Owner Exploring Sale of NFL Team
Washington Commanders owner Dan Snyder has hired Bank of America to help facilitate a potential sale of the NFL team,...
Fed Approves 0.75-Point Hike and Hints at Change in Policy Ahead
The Federal Reserve continued aggressively pushing up interest rates Wednesday with a fourth-straight 0.75 percentage point increase, raising its benchmark...
Elon Musk Says Twitter Blue Check Will Cost $8 per Month
Changes are coming fast for Twitter. The social media platform will charge $8 per month month for its Blue service,...
CVS, Walmart and Walgreens Agree to Pay $13.8 Billion for Opioid Claims
CVS Health, Walgreens Boots Alliance and Walmart have agreed to pay about $13.8 billion to resolve thousands of lawsuits accusing...
Toyota Cuts Output Target as Profit Drops 25%
Toyota Motor on Tuesday posted a 25% drop in quarterly profit and cut its annual output target, as the Japanese...
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