Browsing: Business

Volkswagen plans to slash up to 100,000 jobs and halt production at four German plants in a sweeping cost-cutting drive that could rank among the largest…

New Jersey’s flagship public university is bleeding red ink because of the insane money grab that has engulfed the business of college sports – yet the…

Frank Bisignano wants to run the Internal Revenue Service like an efficient private company – and this week he hired Jamie Dimon’s private banker to help…

The $20 “Endless Shrimp” deal that ultimately sent Red Lobster into bankruptcy wasn’t just a failed experiment – but a scheme by its owners to squeeze…

A former Facebook policy executive is suing Meta over an arbitration order that has barred her for more than a year from speaking about her explosive…

Furious Californians have slammed PG&E after a watchdog warned utility charges from the company could soon increase by hundreds of dollars per person per year. The…

Anthropic CEO Dario Amodei has been replaced by his co-founder Tom Brown at high-stakes White House meetings – where the artificial-intelligence giant’s outspoken boss was reportedly…

Anthropic accused the Chinese tech giant Alibaba of “brazenly” and “illicitly” trying to extract its artificial intelligence capabilities – carrying out “the largest known distillation attack…

Apple raised prices on a slew of its MacBook and iPad products on Thursday, blaming the hikes on an AI-driven surge in demand for memory chips.…

Key Republicans in Congress are urging the European Union to reverse strict new environmental and human rights requirements that could cost US businesses billions of dollars…