Under Elon Musk's leadership, Twitter, now referred to as X, has experienced a decline in daily active users, losing tens of millions or 11.6% of users since his acquisition of the company, with the revised count of 245 million daily active users still representing a loss of approximately 3.7%.
Costco shoppers may soon face an increase in yearly membership prices, as suggested by the company's CFO Richard Galanti during an earnings call; however, no further details were provided regarding the timing of the price hike.
United Airlines pilots have secured a $10.2 billion deal, resulting in salary increases of up to 40 percent over four years, as the aviation industry faces a shortage of pilots and increased travel demand.
Target plans to close several stores due to retail theft and organized retail crime, raising concerns about the worsening problem and prompting retailers to lock up merchandise and push for stricter legislation; however, reliable data on the extent of retail theft is difficult to obtain and it remains unclear if companies are using theft as a cover for other issues like mismanagement or underperformance.
Wawa, a Pennsylvania-based company, plans to expand to Ohio, Kentucky, and Indiana by building 60 new stores in Ohio over the next eight to 10 years, prompting a reply from Sheetz, which is also expanding its footprint in Ohio.
A federal court has ordered the owners of 14 Subway locations north of San Francisco to pay their employees nearly $1 million in damages and back pay, as well as sell or shut down their businesses due to labor violations.
Subway franchisees in California have been ordered to pay nearly $1 million in back wages and damages after violating child labor laws, stealing employee tips, and failing to pay proper wages.
The potential government shutdown could hinder thousands of home sales due to the lapse of a federal program providing flood insurance.
Union members from Detroit’s three casinos have voted overwhelmingly to authorize a strike if necessary, as they negotiate for higher wages and better benefits, with the possibility of strikes as early as mid-October.
Rep. Alexandria Ocasio-Cortez plans to trade in her Tesla for a union-made electric vehicle amid her ongoing feud with Tesla CEO Elon Musk over unions.
Stock futures edge higher as the market prepares for the last week of trading in September with significant losses, influenced by rising bond yields and a rally in crude oil, while investors closely monitor progress on a budget resolution in Washington.
Toys R Us plans to expand its presence by selling toys in airports and on cruise ships, in addition to opening new flagship stores across the country next year.
SmileDirectClub has filed for Chapter 11 bankruptcy protection as founders seek to recapitalize the business, resulting in a sharp drop in share prices.
Disney+ is cracking down on users sharing account login credentials by implementing restrictions and termination of service for those who share outside of their subscription plan.
The soft landing scenario for the US economy is in doubt due to several economic shocks, including a potential government shutdown, high oil prices, the UAW strike, the resumption of student loan payments, and soaring mortgage rates.
A government shutdown would result in various impacts on everyday Americans, including the halting of services such as IRS assistance and access to national parks, while essential federal employees work without pay and others are furloughed.
Blue Apron, the meal kit business, has agreed to sell itself to food and restaurant company Wonder Group for $103 million, marking the end of a rocky journey for Blue Apron.
Amazon's Prime Big Deal Days offer a variety of affordable travel products, such as a door stop alarm, portable steamer, portable charger, fanny pack, fleece-lined pants, digital camera, backpack, and a crossbody phone case, all starting at $13.
Former Goldman Sachs investment analyst Anthony Viggiano and his friends have been indicted for insider trading, with Viggiano allegedly using an Xbox 360's audio chat to pass on illegal information.
New Brexit trade rules regarding electric vehicles may cost European manufacturers £3.75bn and reduce EU factory output by 480,000 vehicles over the next three years, according to the European Automobile Manufacturers Association (ACEA).
China's former deputy head of the statistics bureau estimates that there are up to 3 billion vacant homes in the country, highlighting the out-of-control property crisis that has caused a decline in tax revenue and a rise in unemployment.
Minnesota's first cannabis regulator, Erin DuPree, has resigned from her position as head of the Office of Cannabis Management after allegations arose that she sold illegal products through her company, Loonacy Cannabis Co.
Transportation Secretary Pete Buttigieg defends President Biden's decision to join the picket line of auto workers in Michigan, stating that Biden has always stood with American workers and is the most pro-union president compared to any modern president.
China's property market is in crisis with a surplus of empty apartments, estimated to be enough to accommodate 3 billion people, according to a former official, signaling ongoing challenges for the sector despite official claims of a "resilient" economy.
The United States government is at risk of a partial shutdown, which could impact the progress of crypto bills and hinder the functioning of financial regulators.
Stocks retreated on Friday as Wall Street digested the release of the Federal Reserve's preferred inflation gauge, which showed a cooling in inflation and could impact interest rate expectations.
Starbucks violated federal labor law by offering higher wages and benefits only to non-union employees, according to a National Labor Relations Board judge.
Barstool Sports founder Dave Portnoy has purchased a waterfront Nantucket compound for $42 million, just weeks after announcing layoffs for the controversial website.
Gold prices have fallen to their lowest level since March due to rising yields, a strong dollar, and expectations of higher interest rates, while central bank purchases and Chinese buyer demand continue to support the market, but Indian gold demand may decrease to a three-year low due to high inflation and adverse weather conditions.
The rally in the U.S. dollar and higher U.S. bond yields have led to a decline in gold prices, with the metal seeing its worst week, month, and quarterly losses, as the Federal Reserve maintains its restrictive monetary policy and investors anticipate further weakness in the gold market.
United Auto Workers President Shawn Fain calls for an additional 7,000 workers to go on strike, expanding the walkouts to a General Motors plant in Lansing, Michigan, and a Ford plant in Chicago, as Ford and GM refuse to make meaningful progress at the bargaining table.
Linda Yaccarino's role as CEO at X (formerly Twitter) under Elon Musk's leadership has resulted in humiliation and a lack of control, illustrating the glass cliff phenomenon in which women are promoted into top positions with minimal chances of success.
Ramsey Solutions founder Dave Ramsey advises homeowners to navigate the volatile real estate market by getting out of debt, having an emergency fund, and not being afraid of rising interest rates, while also emphasizing the importance of budgeting during the holiday season.
Health insurer Cigna has agreed to pay $172 million in a settlement with the United States over allegations of overcharging the government's Medicare Advantage program through false diagnoses.
Apple may be required to remove popular apps such as Facebook, Instagram, WhatsApp, and Twitter from the App Store in China due to new rules banning unregistered foreign apps.
Credit Human has increased the rate on its nationally available certificate to a record-breaking 6.00% APY for a term of 12 to 17 months, while the leading rate for a nationally available 3-year CD rose to 5.25% APY.
The government is on the brink of a shutdown because Congress has not passed the necessary spending bills, and it remains uncertain how it will reopen as there is a disagreement over spending between right-wing Republicans and the Senate and White House controlled by Democrats.
The US housing market is showing signs of hope for homebuyers as inventory increases and more sellers are lowering their asking prices, but high mortgage rates and rising prices are still impacting affordability.
The Powerball jackpot is estimated to be $725 million for the upcoming drawing, making it the third-largest prize this year and the eighth-largest in Powerball history.