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Browsing: Business

Business

HP to slash up to 6,000 jobs by 2028 in massive AI transformation push

HP announced Tuesday that it plans to cut between 4,000 and 6,000 employees by the end of 2028 as part of its push to adopt artificial intelligence.Th...

Business

Consumer confidence falls sharply as Americans worry about the economy

Consumer confidence fell more than expected in November and hit the lowest level since this spring, according to the latest data from The Conference B...

Business

Cracker Barrel CEO says she felt like she got 'fired by America' after redesign backlash

Cracker Barrel CEO Julie Masino described feeling as though she was "fired by America" in an interview last week following the backlash over the resta...

Business

Builders cut prices and offer new home incentives as affordability gap shrinks

The affordability gap between buying newly constructed homes and existing homes declined in the third quarter as builders look to capitalize on the up...

Business

Over 41,000 bottles of Walgreens nasal spray recalled over contamination risk

Those looking for relief from a cold or the flu may want to check their bottle of nasal spray before using it.The Food and Drug Administration (FDA) a...

Business

Dick's Sporting Goods plans to close some Foot Locker stores

Dick’s Sporting Goods is set to close a number of underperforming Foot Locker stores as it continues to review its business and position it for sustai...

Business

Richard Branson confirms death of wife Joan: 'My best friend, my rock'

Richard Branson announced on Tuesday that Joan, his wife of 50 years, has died. She was 80 years old.Branson shared the news on his Instagram account,...

Business

Cracker Barrel CEO says she felt like got 'fired by America' after redesign backlash

Cracker Barrel CEO Julie Masino described feeling as though she was "fired by America" in an interview last week following the backlash over the resta...

Business

Thanksgiving gas prices fall to lowest levels since pandemic, with nearly 30 states below $3 a gallon

For Thanksgiving travelers, there’s a bit of good news at the pump: gas prices are holding steady, a far cry from the sticker shock of recent years.Ga...

Business

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "hol...

Business

Target bets on $5B store revamp plan to revive sales

Target is moving forward with plans to expand its footprint through new, larger-format stores despite weak sales. The Minneapolis-based retailer annou...

Business

Nearly 1 in 4 American households living paycheck to paycheck, report reveals

Nearly a quarter of all U.S. households are living paycheck to paycheck and the number has risen over the last year, though the rate of growth has slo...