Business
Kohl’s stock price is up almost 10% after CEO Ashley Buchanan was fired for unethical behavior
Shares of Kohl’s Corporation (NYSE: KSS) were up nearly 10% on Thursday after the company fired CEO Ashley Buchanan after just four months…
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Business
Business
How Much Time Will Musk Devote to Tesla?
Musk or not, Tesla’s challenges remain Tesla shareholders appear relieved that Elon Musk seems set to stay on as C.E.O., after the…
Business
McDonald’s reports a significant sales decline in the U.S. as anxious customers pull back on spending
McDonalds released its earnings report for the first quarter of 2025 early this morning. According to the report, U.S. comparable sales…
Business
Kohl’s fires CEO after investigation finds conflicts of interest
Kohl’s has terminated its new CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor…
Business
FDA reverses more layoffs—reinstating fired food scientists, travel staff
For the second time in recent months, the Food and Drug Administration is bringing back some recently fired employees, including staffers…
Business
Employee Exit Emails That Don't Burn Bridges
Leaving a job can be a bittersweet experience. Whether you’re moving on to new adventures or just need a change, the way you say goodbye…
Business
FTC is sending $18.5 million in refunds to Publishers Clearing House customers over ‘deceptive’ practices: Are you getting a check?
Some good news for Publishers Clearing House (PCH) customers: The Federal Trade Commission (FTC) said Wednesday that the sweepstakes…
Business
Harrods latest retailer to be hit by cyber attack after M&S and Co-op
The luxury department store Harrods says it is the latest retailer to have been targeted by a cyber attack. The firm said it had…
Business
‘Sinners’ Sets Imax 70mm Re-Release for May
Ryan Coogler’s “Sinners” has been invited in to Imax 70mm screens again. Tickets are on sale now for the film’s limited re-release…
Business
Madrid Open: Coco Gauff thrashes Iga Swiatek to reach final
Coco Gauff produced a stunning display to thrash four-time French Open champion Iga Swiatek 6-1 6-1 and reach the final of the Madrid…
Business
Microsoft’s Q1 profits rose 18% thanks to AI and cloud computing
Microsoft’s cloud computing and artificial intelligence business helped deliver $70.1 billion in sales and boosted profits by 18% for the…
Business
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
Business
Surrey woman, 115, becomes world’s oldest person
Stuart Maisner BBC News, South East A woman from Surrey has become the oldest person in the world, at the age of 115 and 253 days. Ethel…
Business
Microsoft Drops Simpson Thacher & Bartlett Law Firm
When big law firms attacked by President Trump decided to make a deal with him rather than fight, many did so because their leaders feared…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
US: Wall Street leaps at the open on Microsoft, Meta boost
Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results…
Business
Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…
Business
Rory McIlroy and Investment Giant TPG Team Up for Sports Venture
Fresh off finally securing a career grand slam with a thrilling win at the Masters, Rory McIlroy, the world’s second-ranked golfer, is…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Tesla chair denies plans to look for new CEO to replace Musk
Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive…
Business
Exclusive: Danish supercomputer powers AI care ‘companion’ for hospitals
Danish startup Teton has used Gefion, one of Europe’s most powerful supercomputers, to turbocharge the development of its AI “care…
Business
In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…
Business
AI Startup Morphic to Produce Anime Series ‘DQN,’ Launches $1 Million Creator Fund for Emerging Filmmakers (EXCLUSIVE)
AI tech developer and production studio Morphic is producing its first episodic anime series, “DQN,” from creator Kushagra Kushwaha, in…