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Procter & Gamble to cut 7,000 jobs as part of broader restructuring

Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

As more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing…
Investing

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

McDonald’s Snack Wrap is officially making a permanent return

Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants…
Investing

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of…
Investing

OpenAI tops 3 million paying business users, launches new features for workplace

OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February….
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Tesla’s robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as…
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