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Investing

Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

Amazon is laying off roughly 110 employees in its Wondery podcast division and the head of the group is leaving as part…
Investing

All major Las Vegas Strip casinos are now unionized in historic labor victory

LAS VEGAS — When Susana Pacheco accepted a housekeeping job at a casino on the Las Vegas Strip 16 years ago, she…
Investing

Columbia Sportswear sues Columbia University, alleging trademark infringement

For decades, T-shirts, sweatshirts and other clothing under the Columbia Sportswear brand and clothing emblazoned with the Columbia University name coexisted more…
Investing

Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following…
Investing

JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The…
Investing

Apple crushes Wall Street expectations as iPhone sales soar

SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling…
Investing

Trump ends de minimis exemption for global low-cost goods

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries….
Investing

Recall warns some Celsius energy drink cans accidentally contain alcohol

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks….
Investing

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create…
Investing

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg,…
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