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McDonald’s to close three CosMc’s locations — and open two more

McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a…
Investing

Vince McMahon settles with SEC over hush money agreements as civil assault case continues

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation…
Investing

Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After…
Investing

Microsoft confirms performance-based job cuts across departments

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we…
Investing

Meta announces end of its DEI programs. Read the memo.

Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse…
Investing

Tariff threat looms over the year’s biggest electronics show

Tech companies big and small are offering bold visions of artificial intelligence-infused products that could be headed into our everyday lives soon….
Investing

Disney says about 157 million global users are streaming content with ads

Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu…
Investing

Dockworkers union, port companies reach tentative 6-year deal

Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance, which represents…
Investing

Panera Brands CEO steps down; CFO to fill in as interim chief

Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest…
Investing

Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the…
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