Amazon has tapped Whole Foods CEO Jason Buechel to oversee its sprawling grocery business, the company announced Monday. Doug Herrington, the company’s worldwide…
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Business
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BusinessEditor's Pick
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by…
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DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing…
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When the Trump administration announced a return-to-office mandate this week, it stated Americans “deserve the highest-quality service from people who…
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BusinessEditor's Pick
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the…
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Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote…
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BusinessEditor's Pick
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on…
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Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce…
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BusinessEditor's Pick
Elon Musk and Sam Altman spar over Trump’s Stargate AI investment announcement
A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful…
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BusinessEditor's Pick
UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian…