US Treasury chief Janet Yellen warned that China's subsidies for its industry pose a risk to the global economy and called for a "level playing field" for American firms.
99 Cents Only, a deep discount retailer, is closing all 371 of its stores in the United States, including its presence in Las Vegas, due to liquidation.
McDonald's franchisee in Israel is selling back its 225 restaurants to the corporation following widespread boycotts due to donations made to the Israeli military.
McDonald's will purchase its Israel franchise from Alonyal, taking back ownership of 225 outlets and reversing the boycotts and protests it faced after Alonyal announced free meal donations to the Israeli military.
Three gas stations in North Carolina are using K-9 units as an additional security measure following a series of robberies and carjackings in the past year, with signs advertising the presence of the dogs at the stations.
99 Cents Only Stores is closing down all 371 of its locations in California, Nevada, Arizona, and Texas due to the impact of the COVID-19 pandemic, shifting consumer demand, and inflationary pressures.
Elon Musk's social media platform, X, has granted a blue check mark, indicating verification, to certain influential users, but the criteria for receiving this verification is unclear, causing confusion among users.
The stock price of Trump's Truth Social, a social media platform he owns more than 50% of, has experienced a significant slide, costing him $1 billion.
Alaska Airlines expects additional compensation from Boeing after receiving initial compensation of $160 million for damages incurred due to the midair blowout of Flight 1282 and the grounding of the Boeing 737-9 MAX.
McDonald's announced that Omri Padan, CEO and owner of Alonyal Limited, will be selling its franchises in Israel back to the corporation, after the ongoing tensions in the Middle East put a dent in the fast-food chain's business.
Apple has laid off over 600 employees in California as it pulls back from its electric car and screen projects due to cost overruns and delays, with some workers being reassigned to the company's artificial intelligence division.
Discount retailer 99 Cents Only has announced plans to close down all of its 371 stores due to financial difficulties caused by the COVID-19 pandemic, changing consumer demand, rising inflation, and other challenges.
A group of Big Tech companies, including Google and Microsoft, are forming a coalition led by Cisco to study the impact of artificial intelligence on technology jobs, amid concerns about job displacement and the need for reskilling.
The operators of 99 Cents Only stores will close all 371 locations across four states due to significant challenges in the retail environment, including the impact of the COVID-19 pandemic and shifting consumer demand.
California Gov. Gavin Newsom faces backlash after a restaurant he partially owns advertises a job for $16 an hour, while a new state law requires fast food eateries to pay their employees $20 an hour.
99 Cents Only Stores, a discount chain with 371 stores across California, Arizona, Nevada, and Texas, is closing down due to challenges posed by the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and rising levels of shrinkage.
### Summary Ford Motor Co. is delaying the production of two new electric vehicles and shifting its focus to producing more hybrid vehicles due to decreasing consumer demand for electric vehicles.
Oil prices continue to rise due to escalating tensions in the Middle East, with fears of a wider regional conflict and geopolitical tensions driving up demand and transport costs.
Apple is laying off over 700 employees, including those working on the Apple Car project, and is also reconsidering its in-house Micro-LED display project.
The energy sector has gained momentum in the US market, with crude oil futures reaching a five-month high due to escalating tensions in the Middle East and the potential for Iranian retaliation against Israel after an airstrike in Syria.
Samsung Electronics announced its estimated earnings for the first quarter of 2024, projecting consolidated sales of approximately 71 trillion Korean won and consolidated operating profit of approximately 6.6 trillion Korean won.
British billionaire Joe Lewis has avoided prison for his insider trading conviction after claiming that his health condition is too frail and may lead to his death behind bars, with a Manhattan federal court judge cutting him a break and not specifically seeking jail time due to his health troubles.
Light rail service will begin in Snohomish County at the end of August, with the Link 1 line extension welcoming passengers on August 30 and offering four new stations between Shoreline and Lynnwood.
Lamb Weston's weaker-than-expected quarterly results were attributed to issues with a new ERP system, causing a decrease in adjusted net income and leading to a reduction in its full-year outlook.
Shares of Lamb Weston Holdings fell 19.4% after the food processing company reported weaker-than-expected quarterly results, citing a new enterprise resource planning system and soft restaurant traffic trends as contributing factors.
Google's parent company, Alphabet, is reportedly considering the acquisition of CRM and marketing automation company HubSpot, although the deal might face challenges due to its large price tag and potential regulatory concerns.
Elon Musk, owner of Twitter, has started giving back blue check marks for free to accounts that had them removed after previously charging users for verification.
Elon Musk's decision to award some Twitter users with blue check marks for free has devalued the once prestigious symbol and turned it into an embarrassing status symbol associated with paying for online status.
Walmart shoppers who purchased weighted goods or bagged citrus between October 2018 and January 2024 may be eligible to receive a cash payment of up to $500 as part of a class-action lawsuit settlement.
Amazon's touchless technology, Just Walk Out, may rely on human workers in India to review purchases, according to media reports, although Amazon denies that human reviewers are watching shoppers live from India and claims its system is continuously improved using synthetic data and human input to ensure accuracy.
Tesla CEO Elon Musk says the company is increasing compensation for AI engineers to counter efforts by OpenAI to recruit them, calling the talent war for AI the "craziest talent war" he has ever seen.
Ford is delaying the production of two electric vehicles, a pickup and a SUV, by one and two years respectively, and instead introducing hybrids, in order to bolster cash flow and near-term profits, while still maintaining its startup mentality of shaping the market.
Elon Musk describes the race to secure skilled AI workers as the "craziest talent war" he has ever seen, as tech giants like Google, Apple, and Meta offer millions of dollars to attract limited high-level AI talent.
Boeing has paid Alaska Air Group approximately $160 million in compensation for the door plug incident on Alaska flight 1282 and the 737-9 MAX groundings, with additional undisclosed compensation expected, according to an SEC filing.
Dow Jones futures and other key indexes were relatively unchanged after hours, ahead of the release of the March jobs report which is expected to have a significant impact on the stock market.
Barry Diller, chairman of IAC, has criticized Truth Social's owner, Trump Media and Technology Group, calling it a scam and doubting its growth potential due to its low revenue; he referred to its shareholders as "dopes."
Billionaire investor Barry Diller has labeled Truth Social and its parent company Trump Media as a "scam," criticizing their value and the investors involved.
The U.S. Securities and Exchange Commission has decided to stay the implementation of a final rule requiring companies to disclose climate-related risks, pending the outcome of a legal challenge brought by GOP-led states.
Nelson Peltz accepts defeat in his proxy battle with Disney but warns he may return if management fails to keep promises, emphasizing the need for CEO succession planning and board accountability.
California's new $20-an-hour minimum wage for fast food workers could make it more difficult for cash-strapped public schools to retain low-paid cafeteria staffers, as they must now compete with billion-dollar corporations for badly needed workers.
A Southwest Airlines flight veered off course and flew close to the air traffic control tower at LaGuardia Airport due to bad weather, prompting the plane to be diverted to Baltimore for a safe landing.
The Walt Disney Co. is facing the challenge of selecting a successor for CEO Bob Iger, who is set to retire in 2026, as the company aims to avoid another bungled hand-off like the one to former parks head Bob Chapek; potential internal and external candidates being considered include Dana Walden, Alan Bergman, Josh D'Amaro, and Jimmy Pitaro.
Billionaire investor Steve Cohen believes that artificial intelligence will lead to a four-day work week for most workers, allowing for increased leisure time and potentially benefiting industries such as golf, travel, and leisure.
Google-parent Alphabet is considering a bid for digital marketing specialist HubSpot, causing a rise in HubSpot's stock price while Google's stock fell due to concerns about regulatory approval and deal size.
Paramount's stock plunged after entering exclusive merger talks with Skydance Media, with some experts suggesting that now is not the right time to sell the struggling company due to the amount of work required to turn it around.
The newly enacted $20 minimum wage in California has led to the closure of a small business, Fosters Freeze, causing job loss for its employees.
The stock market slumped as oil prices rose and a Federal Reserve official suggested that interest rate cuts may not happen in 2024, causing concern among investors.
Health advocacy groups are petitioning the US FDA to ban methylene chloride, a chemical used in the decaffeination process, due to concerns about its potential to cause cancer and other health harms.
X, the platform formerly known as Twitter and currently led by Elon Musk, has reinstated blue verification checks for influential users without requiring them to pay the monthly fee, much to the chagrin of some celebrities and AP staffers.
The March jobs report is expected to show signs of cooling in the labor market, with nonfarm payrolls rising by 213,000 and the unemployment rate falling to 3.8%, according to consensus estimates, which will serve as a test of the labor market's strength.