In a surprising move, the Trump administration is leveraging the ongoing government shutdown to push forward its long-standing goal of closing the Education Department, prompting fears of massive job losses and operational shifts.
Apple Inc. is set to make significant changes in its executive roles as COO Jeff Williams plans to leave. Eddy Cue will take over health and fitness, while Craig Federighi will oversee the Apple Watch OS.
Rite Aid has announced the closure of all its locations, following multiple bankruptcies and significant financial struggles. With over 520 stores shut down, customers are left searching for new pharmacies. What does this mean for your medication needs?
Nike is bracing for a decline in quarterly sales, but investors are eager to see if CEO Elliott Hill's new strategy will turn things around. With restructuring underway, can Nike reclaim its market share before the holiday season?
Starbucks is closing about 1% of its North American stores, including several in Chicago, as part of a restructuring plan, affecting 900 corporate employees. Discover which locations are impacted and the reasons behind the closures.
Starbucks announces a significant shift with plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring. This move reflects changing consumer habits and increasing competition in the coffee market.
In a bold move to revive its struggling sales, Starbucks plans to close several underperforming locations across North America, impacting around 900 workers while the CEO's pay raises eyebrows.
RFK Jr.'s overhaul of the vaccine committee raises alarms among public health experts. With new members and controversial decisions, how will this affect vaccine policies and public trust?
In a surprising move, xAI, led by Elon Musk, has laid off over 500 workers from its data annotation team to focus on specialist AI tutors. What does this mean for the future of AI development?
Spirit Airlines has filed for bankruptcy protection just months after emerging from Chapter 11. Despite the setback, the airline assures passengers can still book flights and use loyalty points during the restructuring. Union leaders warn employees to prepare for potential challenges ahead.
