Jeff Shell’s firing at NBCUniversal a ‘tough moment
Comcast CEO Brian Roberts admitted Thursday that the abrupt firing of NBCUniversal boss Jeff Shell over a sexual harassment complaint filed by CNBC anchor Hadley...
The Gap to chop 1,800 jobs in corporate shakeup to save $300M
Apparel giant the Gap will slash 1,800 corporate headquarters and field management jobs as part of a cost-cutting reorganization, the retailer said in a regulatory...
Vice Media cutting jobs, cancels ‘Vice News Tonight’
Vice Media Group said Thursday it will cancel the popular TV program “Vice News Tonight” as part of a broader restructuring that will result in job cuts...
Pending home sales slump unexpectedly in March
Contracts to buy previously owned homes tumbled unexpectedly in March to snap a three-month rebound, raising a caution flag about what had appeared to be a...
Weekly jobless claims unexpectedly drop by 16,000
Applications for unemployment benefits in the US fell last week as the labor market continues to show strength despite some weakness in other parts of the economy....
FBI searches home of top FTX executive Ryan Salame: report
The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people...
Bud Light sales plunge 50% at Stew Leonard’s over Mulvaney ads
Tri-State Area grocery chain Stew Leonard’s has seen demand for Bud Light plunge dramatically over the beer brand’s tie-up with transgender influencer Dylan Mulvaney, The...
Bob Iger wanted to buy NBA’s Phoenix Suns before Disney return
Disney boss Bob Iger was prevented from bidding on the Phoenix Suns because of a deep-seated grudge held by the NBA team’s disgraced former owner...
Masterworks’ fractional art sales getting the brush off
Masterworks, the “elite alternative asset” that allowed investors to buy fractional shares of high-end paintings, scrapped a funding round amid concerns it could face regulatory...
CEOs move to Nevada for cheaper fees, friendlier jurisdiction
Elon Musk’s decision to move Twitter’s corporate headquarters from Delaware to Nevada could add fuel to a growing trend: companies ditching the First State for...