Browsing: Business

Billionaire Washington Post owner Jeff Bezos on Wednesday responded to criticism of the brutal round of layoffs at his paper earlier this year, saying it needs to maintain…

Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned…

President Donald Trump has added an unexpected company to his investment portfolio — an Irvine-based sushi chain known for serving dishes on conveyor belts, for robot servers…

Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth more than $800 million amid mounting accusations of insider trading connected to the…

A California Republican congressman is trying to hold the state government accountable for not picking up the tab on a $20 billion debt that Gov. Gavin Newsom and Democratic…

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One of America’s once-dominant beer brands is being discontinued after more than 175 years. Schlitz Premium, a beer brand that traces its roots to Milwaukee in the 1840s and was…

Tech giant Intuit is shuttering its Los Angeles-area office and slashing thousands of jobs worldwide in a sweeping shakeup that comes as Silicon Valley races to…

Paramount Skydance is reportedly aiming to finalize its merger with Warner Bros. Discovery as soon as July. Paramount, home to CBS, Paramount Pictures and Paramount+, is…

Mark Zuckerberg’s Meta on Wednesday kicked off a major bloodbath with 8,000 layoffs – among the largest in the social media giant’s history – as a…