Business
Apple loses landmark UK lawsuit over app store commissions
Apple abused its dominant position by charging app developers unfair commissions, a London tribunal ruled on Thursday, in a blow which…
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Business
Business
Target to eliminate 1,800 roles, 8% of headquarters team
Target is eliminating about 8 per cent of corporate roles in its first major restructuring in years, according to a memo viewed by…
Business
Target to Slash 1,800 Corporate Jobs
Target is eliminating approximately 1,800 corporate positions, laying off 1,000 employees and not filling about 800 vacant positions. The…
Business
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a…
Business
US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three…
Business
Europe: Stoxx 600 closes at record high on energy boost, earnings in focus
THE Stoxx 600 index closed at a record high on Thursday, led by gains in energy stocks after the US imposed new sanctions on Russia, while…
Business
US bank reserves fall second week, extend drop below US$3 trillion
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July…
Business
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin…
Business
Elana Drell Szyfer Is CEW’s New President
CEW has a new president. The industry organization has named Elana Drell Szyfer its new president, effective Jan. 1. She succeeds Carlotta…
Business
Kering Leads Fashion Stocks Higher
Luca de Meo’s short tenure in Kering’s C-suite — he’s only been chief executive officer since Sept. 15 — has already brought the ailing…
Business
New Balance Lands in SoHo With Second NYC Opening in Two Months
One month after opening its flagship in NYC’s Flatiron neighborhood, New Balance has landed in SoHo with a new store. Located at 542…
Business
Can OpenAI’s Atlas get people to care about browsers again?
Not content with having hundreds of millions of users peppering ChatGPT with queries and conversations every day, OpenAI wants to further…
Business
New Zealand Cashmere Brand Elle and Riley Opens First U.S. Store in Beverly Hills
New Zealand-born cashmere brand Elle and Riley has landed in Los Angeles, opening its first U.S. store in Beverly Hills. Elle Pugh, who…
Business
‘Outer Banks’ Co-Creator Jonas Pate Accused of Grabbing, Shaking and Yelling at Female Production Assistant; Stars Chase Stokes and Madelyn Cline Intervened
“Outer Banks” co-creator and director Jonas Pate has been accused of putting his hands on a young woman who works on the Netflix series as…
Business
How Did Isabelle Adora Tate Die? 9-1-1 Nashville Actress Dies Suddenly Aged 23 as Tributes Pour in from all Corners
Actress Isabelle Adora Tate has died suddenly and unexpectedly at the age of 23. Tate, who appeared as Julie in the pilot episode of the…
Business
CNN Sets Louvre Jewel Heist Documentary
CNN will air a TV documentary about the Louvre jewel heist that shook Paris on Sunday, Oct. 26, at 8 p.m. “The Heist: The Louvre’s Stolen…
Business
Tech and media layoffs October 2025: Rivian, Meta, Paycom, NBC News, and more cut jobs this fall
Electric-truck maker Rivian is laying off another 600 people, or about 4% of its workforce as the global demand for electric vehicles…
Business
Tesla recalls over 63,000 Cybertrucks due to the front lights being too bright
Tesla is recalling more than 63,000 Cybertrucks in the U.S. because the front lights are too bright, which may cause a distraction to…
Business
Microsoft debuts Mico, Copilot’s AI alternative to Clippy
Clippy, the animated paper clip that annoyed Microsoft Office users nearly three decades ago, might have just been ahead of its time.…
Business
Guerlain Opens First West Coast Boutique at South Coast Plaza in Costa Mesa
Guerlain has opened its newest boutique at South Coast Plaza in Costa Mesa, Calif., marking its 100th stand-alone store globally; it’s the…
Business
Indonesia launches 6 billion yuan dim sum bond, to be listed on SGX
The bond offers yields of 2.5% on five-year notes and 2.9% on the 10-year tranche Indonesia has launched its debut offshore…
Business
Brand Building: The Foundation of Marketing Success
When we decided to partner Hawke Media with STS, we recognized an untapped opportunity in the brand development space. Great marketing…
Business
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Business
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…