Business News

Mid-tier brands like Zara and Pandora are winners while luxury brands are struggling as aspirational consumers feel squeezed by inflation.

New chief executive tells staff that a strike would put the embattled firm's "recovery in jeopardy".

The company is also looking to raise $5 billion in debt, Bloomberg reported.

The number of Americans filing new applications for unemployment benefits last week fell in line with expectations.

The row erupted when Tesco proposed firing staff at some distribution centres and rehiring them on lower pay.

SpaceX, OpenAI, Scale AI, Databricks, Fanatics, Stripe and Rippling make list compiled by private stock trading firm Forge Global

Flowcarbon reportedly cited tough market conditions and resistance from carbon registries as the main reasons behind the refunds.

The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, th...

JPMorgan adds 80-hour weekly cap and Bank of America revamps timekeeping after a Wall Street Journal investigation highlighted investment banking's work-obsessed culture.

Here's how to stop cats from scratching furniture and what you need to do it. Our top picks include couch protectors, scratch tape, and claw covers.

Apple, like many U.S. companies, does much of its manufacturing outside the U.S.

Salesforce launches Agentforce, a groundbreaking AI platform that promises to revolutionize enterprise workflows with autonomous agents, challenging industry giants and redefining the future of work.

A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various ...

The Treasury Department's chief AI officer said artificial intelligence can relieve the burden of mind-numbing activities such as anomaly detection and can spur employees to think more creatively.

According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating.

WEEK anchor Jon Schoenheider is leaving the Peoria, Illinois NBC affiliate after five years. "This morning was my last show, and today is my last day, at WEEK," he wrote on social media. "As I've shared the news with man...

RH is well positioned to benefit from a housing market rebound once interest rates fall and home prices "reset lower," RH's CEO says.

After Taylor Swift endorsed Kamala Harris, Trump world mobilized against her —now, their ire is immortalized in merchandise.

As a Costco employee and mom, the best breakfasts to get at Costco for a family range from Kirkland Signature bakery items to frozen bulk buys.

The penalty by the Office of the Comptroller of the Currency is a major setback for the San Francisco bank, which was freed from a separate anti-money-laundering order in 2021. Its stock price fell sharply after the news...

There is an unspoken, yet ever-present cultural contract between Black-owned businesses and the Black communities that built them. It's an invisible agreement that is rarely talked about but always understood; a relation...

From Donald Trump's claim about having 'concepts of a plan' to Kamala Harris's not-so-masked facial expressions, some debate moments continue to make the rounds on social media. Days after Vice President Kamala Harris an...