Tag: #BusinessNews

SoftBank Exits Nvidia Stake, Redirects Focus to OpenAI and AI Expansion SoftBank Group Corp. has sold its entire stake in ...

Wendy’s to Close 350 U.S. Restaurants in Major Turnaround Plan - Al Drago/Bloomberg/Getty Images/CNN

Wendy’s to Close Hundreds of U.S. Locations Amid Turnaround Strategy

Wendy’s has announced plans to close hundreds of its restaurants across the United States as part of a major restructuring ...

OpenAI Becomes For-Profit, Reshapes Microsoft Partnership and AI Future - Reuters via BBC

OpenAI Completes For-Profit Conversion, Reshaping Partnership With Microsoft

October 29, 2025

OpenAI has officially transitioned into a for-profit company, marking a major turning point in the evolution of one of the ...

Amazon Cuts 14,000 Jobs as AI Transformation Accelerates - Lindsey Wasson/Getty Images/File

Amazon Cuts 14,000 Jobs as Company Restructures for AI-Driven Future

Amazon has announced plans to lay off 14,000 corporate employees this year as part of a major restructuring effort to ...

Amazon to Pay $2.5 Billion in FTC Settlement Over Prime Practices, Including Record $1B Civil Fine and $1.5B in Customer Refunds - AP Photo/Gene J. Puskar, File

Amazon to Pay $2.5 Billion in Landmark FTC Prime Membership Settlement

Amazon Reaches $2.5 Billion Settlement With FTC Over Prime Membership Practices Published: September 26, 2025, 19:15 EDT Amazon has agreed ...

Lululemon Claims Costco Ripped Off Its Popular Athleisure Designs - AP Photo/Charles Krupa, File

Lululemon Accuses Costco of Selling Cheap Imitations of Its Clothing

Lululemon Sues Costco Over Alleged Knockoff Athleisure Gear Lululemon is taking Costco to court, claiming the wholesale giant is selling ...

Telegram’s Founder on Wealth, Free Speech, and His 100+ Children - iStock / iStock

Telegram CEO Pavel Durov Plans to Share Fortune with 100+ Children

In a rare and revealing interview, Telegram founder Pavel Durov opened up about everything from his family plans to free ...

Tesla, SpaceX, and X at Risk as Musk and Trump Spar - AP Photo/Alex Brandon, File

Musk’s Billion-Dollar Risk: What Trump’s Grudge Means for Tesla and SpaceX

NEW YORK — What happens when the world’s richest man tangles with one of its most powerful politicians? For Elon ...

Understanding Trump’s Tariff Warnings to Apple and Mattel - Apple/Adam Gray/Reuters - Barbie Doll/Joe Raedle/Getty Images

Trump Threatens Tariffs on Apple and Mattel: What It Means

Trump’s Tariff Threats Target Apple and Mattel — But Will They Stick? President Donald Trump is once again wielding his ...

The Toll of Trump’s Tariffs on Small Businesses: Confusion and Cuts - JB/Manley Labs

Tariff Chaos Hits Small Businesses Hard: “I’m So Angry at My Own Government”