Nike to cut 775 employees as it accelerates ‘automation’ at U.S. distribution centers
Nike is cutting 775 employees, primarily from jobs at distribution centers in Tennessee and Mississippi....
Category : Business
Auto executives are hoping for the best and planning for the worst in 2026
Automakers are entering a new phase of uncertainty as they deal with affordability issues and slowing consumer demand....
Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push
Sen. Elizabeth Warren seized on contradictions within the Trump administration when it comes to his push to make credit cards more affordable for Americans....
Wall Street braced for a private credit meltdown. The risk of one is rising
Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms...
Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
Capital One’s acquisition of Brex is the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, after its Discover Financial deal...
Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
Capital One’s acquisition of Brex is the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, after its Discover Financial deal...
When the ultra rich hire family for their private investment firms, what to pay them can be tricky
Even among the wealthiest families, the issue of salary is a loaded topic, according to advisors to family offices....
Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
American CEOs have mostly avoided direct criticism of Trump’s policies over the past year....
Netflix posts narrow earnings beat, reports 325 million global subscribers
Netflix this week amended its offer for Warner Bros. Discovery assets amid a Paramount Skydance hostile takeover attempt....
Stellantis stock off 43% as Jeep maker turns five, executes turnaround
Stellantis shares were largely up – as high as 93% in March 2024 – until reporting troubling financial results that year amid cost-cutting efforts and...