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Microsoft to cut 3% of its workforce

Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes…
Investing

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the number of retail stores served by its…
Investing

Fox streaming service to be called Fox One, launch before NFL season

Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season later this year….
Investing

Fortnite applies to launch on Apple’s App Store after Epic Games court win

Epic Games said on Friday that it submitted Fortnite to Apple’s App Store, the month after a judge ruled in favor of the game maker in…
Investing

Cargo thieves are attacking the U.S. supply chain at alarming rates

America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses…
Investing

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook…
Investing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian…
Investing

AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff…
Investing

Judge allows lawsuit over Burger King’s Whopper ads to move forward

A federal judge ruled on Monday that a class action lawsuit alleging that Burger King falsely advertised the size of its signature…
Investing

NBA star Russell Westbrook launches AI-enabled funeral planning startup

National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial intelligence. The famed…
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