Economy
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years...
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Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian...
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IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC...
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Meta approves plan for bigger executive bonuses following 5% layoffs
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase...
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SEC dropping crypto lawsuit, Coinbase says
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a...
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Amazon surpasses Walmart in revenue for the first time
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue...
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Hasbro says it’s taking steps to offset China tariff effects
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives...
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CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this...
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