Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC. The company reported better-than-expected results, with $25.8…
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file…
As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores…
Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season…
Epic Games said on Friday that it submitted Fortnite to Apple’s App Store, the month after a judge ruled in favor of…
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road,…
A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of…
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled…
National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial…