The Latest Breaking News on Business

″As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%," an AMD representative said in a statement.

December S&P 500 E-Mini futures (ESZ24) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.01% this morning as investors awaited crucial U.S. producer inflation data, remarks from Federal Reserve Chair Jerome Powell, and an earnings report from entertainment giant Disney.

Cryptocurrency boosters are expecting the president-elect’s economic team to be crypto-friendly

“When we have job applicants sending us a writing sample, we can tell pretty quickly when it’s AI,” Isabelle Freidheim, founder of Athena Capital, said.

Tesla placed a big bet back in 2020 when it announced that it was developing a new battery cell format. The 4680 battery, as it’s known, powers the Cybertruck and in the past, it made its way into a limited number of Model Y crossovers.

Despite Sempra’s underperformance relative to the broader S&P 500 Index over the past year, Wall Street analysts remain bullish about the stock’s prospects.

Polymarket CEO Shayne Coplan spoke out after reports FBI agents raided his house and seized his electronics.

Here’s what could be next for the e-retail-tech provider.

Hundreds of Bethesda workers are planning to join a strike as protest against remote work and outsourcing policies.

The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago

The beauty retailer is attempting to smother the flames of a recent controversy.