More corporate layoffs have hit headlines this week, from a Bloomberg report that another large round of layoffs will be carried out at Meta before founder Mark Zukerberg goes on parental leave, to GM's announcement that it is encouraging most of its white-collar employees to take a payout to walk away,
Cheddar News Senior Reporter Michelle Castillo explains why some of America's biggest hirers are now becoming the country's biggest firers.
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners.
No one's happy about anything this week, it seems, not even lumberjacks, Gen Z music fans, and Goldman Sachs VPs.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers.
Who's being chicken about eggs? Plus, cable's last(?) stand, quantum competition, and crypto crime.
Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
