Business news

Business news • Jul 06

Publix recalls blueberries after multiple people reportedly became severely sick with E. coli. Here are the impacted states

Frozen blueberries sold at Publix were recalled after they were connected to multiple E. coli cases.

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Business news • Jul 06

Trump Accounts Official App Launches: Which kids will get $1,000, $250, or no money at all

GREENSBORO, N.C. — The Trump Accounts Official App is now available on Apple and Android. It's a free app that allows you to sign up for the $1,000...

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Business news • Jul 06

Trump rings Wall Street's opening bells as he ties his presidency to stock market gains

President Trump gets to ring the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office.

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Business news • Jul 06

Microsoft axes about 4,800 jobs, including major cuts to Xbox

Microsoft is eliminating about 4,800 jobs — about 2.1% of the company's global workforce — with its Xbox gaming unit among the hardest hit.

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Business news • Jul 06

Strategy sheds $216 million in Bitcoin in crypto hoarder’s largest sale ever

The Bitcoin giant has reversed its crypto-hoarding strategy amid a broader market downturn.

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Business news • Jul 06

Louis Vuitton logo dispute sparks cultural design debate

Chinese drinks chain Molly Tea has been instructed to pay US$1.5 million to iconic fashion brand Louis Vuitton due to a recent logo dispute.

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Business news • Jul 06

Opinion | Trump's financial disclosure shows his corruption hitting a new low

As former White House ethics lawyers who served administrations of both parties, we upheld a clear bipartisan norm: Presidents and senior officials must...

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Business news • Jul 06

Trump rings opening bell to mark first day of trading for Trump Accounts

A year after becoming law, the new savings and investment vehicle for children known as the Trump Accounts officially became operational on Saturday,...

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Business news • Jul 06

Resetting XBOX

This message was just sent to Team XBOX employees globally. Team,. We are beginning the most significant restructure in XBOX history.

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Business news • Jul 06

Microsoft Is Cutting More Than 3,000 Jobs in Xbox Division

The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations.

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Business news • Jul 06

Versant Acquires Sports Tech Firm Full Swing For $530M

Versant Media Group has acquired sports tech firm Full Swing for $530 million, expanding its portfolio of businesses outside of traditional linear TV.

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Business news • Jul 06

Microsoft Lays Off Thousands of Xbox Employees, Closes Game Studios

Microsoft said on Monday that it was making major changes to its Xbox video game business, dropping several game studios and cutting its Xbox work force by...

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Business news • Jul 06

Microsoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major Overhaul

Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in...

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Business news • Jul 06

Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios

Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.

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Business news • Jul 06

Microsoft is laying off 4,800 employees

A year after cutting around 9,100 employees, Microsoft is making further layoffs today as it begins its new financial year. The software maker is laying off...

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Business news • Jul 06

Trump plugs Dell at first-ever White House opening bell, sending shares soaring

President Donald Trump promoted Dell Technologies from the White House after ringing the opening bell of the stock market in the Oval Office.

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Business news • Jul 06

U.S. futures rise as oil weighed by supply while earnings loom

SYDNEY/LONDON, July 6 (Reuters) - U.S. futures ticked higher and European stocks traded near record ​highs on Monday as the potential for increased energy...

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Business news • Jul 06

How Trump made more than $1B on crypto when most of his coin's investors lost money

President Donald Trump launched his $TRUMP memecoin in the days leading up to his second inauguration, ushering in a pro-crypto administration - and a...

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Business news • Jul 06

Elon Musk's No. 2 Says She's Giving SpaceX Stock to Trump Accounts

SpaceX president Gwynne Shotwell says she's donating company stock to Trump Accounts, days after President Donald Trump said he expected the rocket maker's...

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Business news • Jul 06

‘I’m Now Broke’: Meet The Investors Who Lost Billions Buying Trump Stocks And Crypto

Desperate to rebuild his fortune, Donald Trump asked his political supporters to become his business partners. Those who trusted him most got hurt the...

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