Business

The selloff in stocks deepened after weak consumer-spending data fueled worries about a recession, with the S&P 500 suffering its cruelest first-half since Richard Nixon’s presidency. It was a rout...

Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months. The S&P 500, Wall Street’s broad benchmark for many stock funds, closed the...

The WGA’s historic reshaping of the talent agency business will take full effect at the end of business today, after which agency packaging fees will no longer be permitted under...

RadioShack has let loose on Twitter with a series of questionable and explicit tweets, but it isn’t an intern gone rogue, it’s a turning point for the electronics retailer. The company’s...

Clearly, this isn’t your father’s RadioShack. The zombie retailer’s Twitter account contains a stream of explicit comments, vulgarities and a bunch of drug references. Many companies have edgy social media...

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and forecast further economic expansion despite looming gas shortages, but...

Pokémon Go developer Niantic has canceled four projects, including Transformers: Heavy Metal, as the gaming company seeks to “focus” on its top priorities. The San Francisco-based software development company is...

Sambalpur, India – Nityananda Deep has worried about losing his home for the third time in his life ever since his mud house was marked for demolition by mining officials,...

Manila, Philippines – Even as demand for his taxi service gradually recovers with the waning of the COVID-19 pandemic, Edward is not celebrating. Instead of taking home more money, he is...

Substack is the latest tech company to announce layoffs, with the company’s CEO Chris Best tweeting on Wednesday that he’s letting 13 workers go. According to Axios, that’s around 14...