Bud Light experienced another week of sales decline, dropping 24% from year ago
Bud Light, continuing to face backlash, saw another seven-day period of declining U.S. sales in the last full week of May. Bump Williams Consulting provided NielsenIQ data.
Elon Musk passes the Twitter CEO torch to Linda Yaccarino
Twitter now has a new CEO running it. Linda Yaccarino revealed late Monday she had begun serving in that position, saying her first day was 'in the books!'
Spotify trimming more workers after laying off 6% in January
Spotify has revealed it will further reduce its headcount, with about 2% of its workers getting laid off. The company attributed the layoffs to it changing its podcasting approach.
Recall of 137 Tesla Model Ys over issue with steering wheel fastener
Nearly 140 of Tesla's electric Model Y vehicles could potentially have an issue with the fastener of the steering wheel, leading to a recall by the electric car maker.
Crypto exchange Binance, CEO hit with charges in SEC lawsuit
Binance and the cryptocurrency exchange's CEO were collectively hit on Monday morning with numerous charges from the Securities and Exchange Commission.
JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates
JPMorgan Chase Chief Operating Officer Daniel Pinto offered his take Friday on the economy and the direction U.S. interest rates could be headed.
Facebook parent Meta Platforms bringing workers back to office three times a week
Meta Platforms will soon require certain staffers to report a few days a week to do their work in person, a move first reported Thursday by The Information.
AI cost nearly 4,000 people in the U.S. their jobs, report says
AI cost several thousand people their jobs in May, according to Challenger, Gray & Christmas. For 3,900 of the layoffs, U.S. employers announced in May that AI was the reason.
85,000 hedge trimmers recalled over laceration risk
The risk of users getting cut has led to Chevron North America issuing a recall of 85,000 hedge trimmers in the U.S., according to a recall notice Thursday from the CPSC.