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Investing

Amazon slashes another 16,000 jobs

January 30, 2026

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm….

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Investing

Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

January 27, 2026
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank…
Investing

Valentino, founder of Italian luxury empire, dies at 93

January 21, 2026
ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was…
Investing

Saks files for bankruptcy as luxury market struggles

January 15, 2026
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global…
Investing

Warner Bros. Discovery rejects Paramount’s amended takeover offer

January 11, 2026
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit…
Investing

Trump Media to merge with nuclear fusion company

December 20, 2025
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued…
Investing

Shopify says a daylong Cyber Monday outage has been resolved

December 4, 2025
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the…
Investing

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

December 4, 2025
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly…
Investing

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 3, 2025
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules…
Investing

Apple’s AI chief abruptly steps down

December 3, 2025
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at…
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