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Categories Business

McDonald’s to close three CosMc’s locations — and open two more

Author January 12, 2025

McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year

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Categories Business

Chuck E. Cheese makes a comeback, with trampolines and a subscription program

Author January 12, 2025

Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its games and

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Categories Business

Meta announces end of its DEI programs. Read the memo.

Author January 11, 2025

Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse

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Categories Business

Vince McMahon settles with SEC over hush money agreements as civil assault case continues

Author January 11, 2025

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation

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Categories Business

Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

Author January 10, 2025

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful

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Categories Business

Microsoft confirms performance-based job cuts across departments

Author January 10, 2025

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus

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Categories Business

Disney says about 157 million global users are streaming content with ads

Author January 10, 2025

Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu

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Categories Business

Dockworkers union, port companies reach tentative 6-year deal

Author January 9, 2025

Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance, which represents

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Categories Business

Tariff threat looms over the year’s biggest electronics show

Author January 9, 2025

Tech companies big and small are offering bold visions of artificial intelligence-infused products that could be headed into our everyday lives soon.

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Categories Business

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Author January 9, 2025

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked

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