Three Ivy League universities, along with several other top-tier U.S. schools, have agreed to settle a case brought by a group alleging the institutions conspired to collectively consider how much…
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EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about 1,000 full-time jobs, as the tech industry continues to downsize to start 2024. The…
TurboTax maker barred from advertising ‘free’ services without disclosing who’s eligible
U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as ‘free’ unless they are free for all customers, or if eligibility is clearly disclosed. In an opinion and final…
Alaska Airlines CEO: We found ‘many’ loose bolts on our Max 9 planes following near-disaster
The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier this month revealed that “many” of…
Netflix to stream WWE’s ‘Raw’ starting next year in its biggest jump into live entertainment
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program ‘Raw’ starting next year, in Netflix’s first major foray into live sports. The 10-year deal is…
Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year…
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.…
Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according to the National Association of Realtors. Sales…
Americans are feeling optimistic about the economy again, with some exceptions
American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had come to call a ‘vibes-cession,’ where, despite…
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management and reduce costs, it announced Friday. …