Amazon CEO says layoffs will continue in 2023
Amazon's layoffs will continue in 2023 as the "economy remains in a challenging spot," CEO Andy Jassy wrote in a memo to employees.
Starbucks workers at over 100 stores picketing, striking on Red Cup Day
Starbucks workers at over 100 locations across the United States spent Red Cup Day Thursday picketing in a search for better pay and working conditions.
Documentary underway on FTX collapse; Oscar nominee directing for award-winning production company
An award-winning documentary company is tapping an Oscar-nominated director for an investigative nonfiction film on the fall on cryptocurrency exchange FTX.
Roku to lay off 200 US employees after advertising revenue sinks
The streaming platform Roku announced on Thursday it intends to lay off 200 employees following a decline in advertising revenue in the third quarter.
FTX meltdown could grind crypto investment to a halt: Ann Berry
Threadneedle Ventures founder Ann Berry and Thru the Cycle founder John Lonski discuss how the financial collapse of FTX could ripple through the U.S. economy on 'Cavuto: Coast to Coast.'
FTX lawyers say Bankman-Fried's 'incessant and disruptive tweeting' is complicating bankruptcy case
FTX bankruptcy lawyers accuse former CEO Sam Bankman-Fried of complicating their case with "his incessant and disruptive tweeting."
Americans face rising home affordability hurdles
FOX Business' Gerri Willis speaks to Redfin chief economist Daryl Fairweather, who argues that median income is not keeping up with the salary needed to buy a typical U.S. home.
Northwestern Kellogg moves to waive MBA test requirements for laid-off tech workers
Northwestern Kellogg School of Management Associate Dean Greg Hanifee discusses the school waiving testing requirements for laid-off tech workers interested in pursuing MBAs.
Bath & Body shares soar, Cisco gains, jobless claims and more: Thursday's 5 things to know
Traders will be watching premarket trading reaction to quarterly earnings reports from Cisco and Bath & Body Works.
FTX bankruptcy will offer a look behind crypto’s dark curtain
The bankruptcy of FTX brings cryptocurrency into the courtroom in a way never seen before, creating unprecedented challenges for judges and lawyers.
Here's why FTX's downfall could cause crypto 'contagion'
Decrypt editor-in-chief Daniel Roberts explains what could come next in the fallout from FTX's implosion on 'Fox Business Tonight.'
FTX-linked Alameda Research CEO Caroline Ellison: What to know
Some attention has turned toward Caroline Ellison over her position as CEO of the FTX-linked trading firm Alameda Research amid the rapid collapse of FTX.
FTX’s Bahamas liquidators reject ‘validity’ of US bankruptcy proceedings
Liquidators for FTX filed a petition to a New York court, rejecting the validity of US bankruptcy proceedings, arguing that Bahamanian law takes precedent.
Ken Griffin on FTX: 'One of the absolute travesties' for financial markets
Billionaire investor Ken Griffin, the founder and CEO of multinational hedge fund Citadel, warned that the collapse of cryptocurrency giant FTX could weaken confidence in financial markets at large and hurt the ability of younger investors to save for retirement.
BlackRock’s Rieder: If you’re in fixed-income, this is nirvana right now
BlackRock global fixed income CIO Rick Rieder discusses if the Fed could cause an 'economic accident' by continuing to raise rates, telling 'The Claman Countdown' the U.S. economy is slowing but 'resilient.'
Will FTX's bankruptcy spill into the general economy like Lehman Brothers?
The bankruptcy of FTX is expected to trigger more failures among cryptocurrency companies but whether those failures spill into the general economy is still undetermined.
Athletes, venture capital firms, others among victims in FTX collapse
FTX, one of the world's largest cryptocurrency exchanges, has rapidly collapsed. Here are some of the entities and individuals potentially impacted by it.
Activist investor TCI calls on Google parent Alphabet to slash costs
Alphabet and others have made large profits while buying back billions of dollars in shares in recent years as interest rates remained low in the developed world.
FTX bankruptcy may affect a million creditors
Bankrupt cryptocurrency exchange FTX said it may have more than a million creditors, including tens of thousands of customers as its assets remain frozen in the Bahamas and criminal probes get underway.
Nearly 48K University of California academic workers go on strike
Nearly 48,000 unionized academic workers at University of California campuses went on strike Monday, calling for pay increases and various additional benefits.