The Kentucky Derby, long known as “the most exciting two minutes in sports,” may be on its way to becoming some of…
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Business
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Business
Trump Media auditor charged by SEC with ‘massive fraud,’ barred from public company audits
by adminThe auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the Securities and Exchange Commission for work…
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Business
Sony and Apollo send letter expressing interest in $26B Paramount buyout as company considers Skydance bid
by adminSony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company…
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Business
Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
by adminSkydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone,…
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Business
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
by adminAmerica’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a…
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Business
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
by adminPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it…
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Business
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
by adminJust ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a…
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Business
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
by adminJohnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of…
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Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high…
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Business
A viral theory on TikTok says nice people don’t get promoted. But experts disagree.
by adminIs being nice holding you back at work? One viral TikTok has young workers up in arms about the perils of being…