Business news

Business news from Google News (RapidAPI).

9330 articles

GM to cut hundreds of IT workers in department overhaul

GM is cutting 500 to 600 IT workers globally as it restructures the department while pushing for cost discipline amid sales pressure and EV losses.

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Business news • May 11

Mosaic Pulls Guidance, Cuts Spending as Fertilizer Costs Surge

The fertilizer producer said that prices for key ingredients are continuing to climb as demand increasingly outstrips supply.

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Business news • May 11

A Disney Adventure cruise was canceled after guests boarded

Disney's newest cruise ship is sailing again, after a mechanical issue unexpectedly canceled its previous voyage. Guests had already boarded Disney...

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Business news • May 11

Burry warns investors to cut tech stock exposure amid bubble concerns By Investing.com

Investing.com -- Michael Burry urged investors to reduce their holdings in technology stocks, stating the current market has reached historically dangerous...

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Business news • May 11

GM to Cut Hundreds of White Collar Workers in Push to Trim Costs

General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in...

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Business news • May 11

Meta Sued by Santa Clara County over $7B in Scam Ad Revenue

Social media giant Meta Platforms ($META) is facing a new lawsuit from California's Santa Clara County over scam ads on Facebook and Instagram.

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Business news • May 11

Frontier flight at Denver airport evacuated after gun magazine is found in aircraft

A Frontier Airlines flight at Denver International Airport was quickly evacuated Sunday night after a gun magazine was found in the aircraft.

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Business news • May 11

GameStop’s bid for eBay is wild — and it might just work

There are many reasons to think GameStop's bid for eBay is the stuff of fantasy. But the part that looks most problematic — that GameStop's market...

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Business news • May 11

General Motors to cut white-collar IT jobs (GM:NYSE)

General Motors (GM) is letting go of as many as 600 white-collar employees amid an effort to transform its information technology department to “better...

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Business news • May 11

GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs

General Motors is laying off hundreds of salaried employees in its information technology operations.

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Business news • May 11

Trump Mobile collected $59 million in deposits — and delivered nothing

Trump Mobile launched on June 16, 2025, and has since amassed an estimated $59 million in deposits to preorder the flagship T1 gold cell phone.

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Business news • May 11

OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment

CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon Musk never contacted him with concerns that Microsoft's...

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Business news • May 11

FCC to allow banned drones and routers to receive critical updates until 2029

Good news for owners of foreign-made drones and routers: the Federal Communications Commission has amended its original deadline that would have banned...

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Business news • May 11

Michael Burry Warns of Stock Crash as Tech Jump Echoes 2000 Peak

Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic”...

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Business news • May 11

7 of our favorite deals from Amazon’s Pet Days sale

Amazon's Pet Days is here through May 16th, and we've collected seven of the headlining deals for cat and dog owners.

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Business news • May 11

Saudi Aramco warns fuel stocks heading for ‘critically low levels’

Saudi Aramco has warned that the world's stocks of gasoline and jet fuel could reach “critically low levels” ahead of the summer months if the Strait of...

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Business news • May 11

CSL slashes revenue projection and takes $5B impairment as interim CEO flags R&D misses, market erosion

CSL has slashed its revenue projection for the fiscal year from $15.8 billion to $15.2 billion and is taking a $5 billion asset impairment.

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Business news • May 11

Microsoft’s CFO admits she joined the tech giant without even knowing her salary—and then missed her first day of work

Amy Hood accepted a Microsoft job in 2002 without knowing her salary. Two decades later, her compensation now tops $29 million.

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Business news • May 11

Michael Burry is not a believer: 'For any stocks going parabolic reduce positions almost entirely'

Michael Burry said investors should "reject greed" as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher.

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