Vince McMahon Resigns From TKO Group Board
The longtime wrestling executive’s exit follows a lawsuit by a former employee alleging sexual abuse. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Inside the Competition for the World's Richest Shoppers
Backstage passes. Secret dinners. Exclusive invites. When you have everything, stores lure you with the things money can’t buy. Source...
JetBlue Warns It Might Scrap Spirit Airlines Takeover
JetBlue Airways warned that it could terminate its attempted takeover of Spirit Airlines next week after a federal judge’s ruling...
Americans Keep Signing Up for New Phone Plans. Who's Driving the Growth?
AT&T, Verizon and T-Mobile posted strong gains among a key cohort of subscribers, but many of the gains are coming...
Top Job at Levi Strauss Offers Retail Veteran a Second Chance
Michelle Gass battled activists when she ran Kohl’s. Can her ‘no regret’ moves keep the growth going at the denim...
Vince McMahon Accused of Sex Trafficking by WWE Staffer
In a new lawsuit, the woman who McMahon paid to keep quiet now says he pressured her to have sex...
Intel Gives Muted Outlook Even as PC Recovery Lifts Sales
The chip maker hopes that the AI boom will lift fortunes. Source link
Vice's Refinery29 and BuzzFeed's Tasty Are Up for Sale as Digital Media Contracts
Latest sale discussions signal further struggles of once-hot digital media companies. Source link
Alaska Airlines Confronts Challenging Start to Year
The company posted upbeat results for the last three months of 2023 but said the start to 2024 had been...
Tesla Projects Slower Growth in 2024
The electric-car maker reported net income doubled in the fourth quarter, largely due to a one-time tax, while operating profits...
Chipotle to Offer New Benefits to Draw Younger Workers for Burrito Season
The company wants to hire 19,000 workers and entice them with free mental-health counseling. Source link
The Disney Sequel Bob Iger Never Wanted
Two decades after replacing Eisner, CEO faces many of the same challenges. Source link
SAP Launches EUR2 Billion Restructuring Affecting 8,000 Jobs Amid AI Push
The German business-software company said it will focus on business-related artificial intelligence. Source link
Rio Tinto Inks Power Deal With European Energy for Giant Australia Solar Farm
Rio Tinto said it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to...
Wayfair Layoffs Focused on Remote Workers
Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at...
Johnson & Johnson to Pay $700 Million to Settle Baby Powder Probe
The agreement in principle addresses an investigation brought by more than 40 states into the marketing of its talcum-based baby...
Amazon Fined in France Over Alleged Employee Surveillance
France’s privacy watchdog fined Amazon.com’s local warehouse management business, saying the company had put in place an “excessively intrusive” system...
Exxon Sues Two ESG Investors
The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them at odds with...
Sunoco to Buy NuStar Energy in $7.3 Billion Deal
Fuel distributor Sunoco has agreed to buy liquids terminal and pipeline operator NuStar Energy in a stock-swap transaction valued at...
New York City Passed an AI Hiring Law. So Far, Few Companies Are Following It.
The law requires employers to disclose how algorithms screen job candidates; a loophole made it easier to sidestep it. Source...
