3M will cut jobs as part of a cost-savings plan: report
Job cuts are coming to 3M as the Minnesota-based company deals with challenges from potential legal liabilities to a slowing economy.
GM venture begins battery cell production at new Ohio factory
Production is underway at General Motors' new battery plant located in Warren, Ohio. The joint-venture with LG Energy Solution could help customers get federal tax credits.
Bed Bath & Beyond to cut jobs, close underperforming stores as part of turnaround plan
Bed Bath & Beyond will cut about 20% of its workforce and close 150 underperforming stores. Shares fell more than 20% trading after the news was announced.
Bed Bath & Beyond discloses stock offering plan ahead of strategy update, shares fall
The size of the potential stock offering was not disclosed by the struggling home goods retailer, once known for providing shoppers with 20%-off coupons.
Toyota investing $5.6B in US, Japan EV battery production
Toyota is investing $5.6 billion to boost manufacturing of electric batteries for both the U.S. and Japanese markets.
Snap to lay off 20% of its workforce: report
Snap, Inc. is reportedly planning to lay off 20% of its 6,400-plus employees starting Wednesday after warning earlier this year that it would slow hiring.
Twitter whistleblower complicates legal battle with Musk: analyst
The legal battle between billionaire Elon Musk and Twitter will kick off on Oct. 17. Zatko has been subpoenaed by Musk's legal team to testify in a deposition.
Nasdaq board-diversity rule takes center stage in court battle
The Nasdaq's new rule on corporate board diversity is being taken to court in the New Orleans-based Fifth U.S. Circuit Court of Appeals over its constitutionality.
Jobs data, Bed Bath & Beyond update, Best Buy earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
FedEx cuts ties with ground delivery contractor, files suit
FedEx has cut ties with one of its largest delivery contractors after suing him for spreading misinformation about the company.
Bed Bath & Beyond to disclose 'strategic update' on Aug. 31
Bed Bath & Beyond has been "working expeditiously" over the past several weeks with external financial advisers and lenders to bolster its balance sheet.
Powell speech, Gap gains and more: Friday's 5 things to know
The main event of the week will be Fed Chairman Jerome Powell's speech on the economy and interest rates at the annual Jackson Hole meeting on Friday.
Chipotle workers in Michigan to join teamsters, first for restaurant chain
Chipotle workers at a Lansing, Michigan restaurant have voted to join the Teamsters, the first in the chain to organize.
Fed's Powell in Jackson Hole spotlight with speculation on rates
Fed Chair Jerome Powell will have the attention of economists and central bankers on Friday when he gives a speech at the Jackson Hole gathering.
Tesla 3-for-1 stock split: What to Know
Under the 3-for-1 stock split, Tesla stockholders of record as of Aug. 17 are receiving a dividend of two additional shares of common stock for each then-held share.
Peloton shares plunge as losses widen, sales slump
Peloton's disappointing results come after it embarked on an $800 million restructuring plan, which has included sweeping layoffs and price hikes on its Bike+ and Tread products.
Peloton's quarterly loss tops $1.2B as bike, treadmill sales plunge
The exercise equipment company is taking steps to shore up finances, according to Chief Executive Officer Barry McCarthy, who took over earlier this year.
GDP revision, Salesforce falls and more: Thursday's 5 things to know
Traders will keep their eyes on some important data points in Thursday's session including a GDP revision and jobless claims. The Fed's annual symposium will also get underway in Wyoming.
Starbucks accused of withholding raises from union workers: report
Starbucks has been accused of allegedly withholding wages and benefits from unionized workers by the National Labor Relations Board.
Tips for navigating a recession
The U.S. economy entered a technical recession in the second quarter of the year, which could spell financial trouble for millions of Americans as inflation rages.

















