GM cuts 50% of Cruise staff after ending robotaxi business

GM cuts 50% of Cruise staff after ending robotaxi business

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two ...

Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the ...

Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist ...

KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said ...

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull ...

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