Tag: business news

Shares of high-tech glass maker Corning dropped 2.5% on Tuesday after climbing more than 80% this year. Investors took profits ...

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

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Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall meetings at ...

Amazon laying off about 14,000 corporate workers as it invests more in AI

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Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company's multiyear ...

The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here’s what happened

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The crypto industry recently had one of its worst days ever. And while bitcoin and ether holders seem to have ...

How Saudi Arabia is diversifying away from oil — and betting big on AI

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President and CEO of Saudi's Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia ...

Lululemon is partnering with the NFL to release apparel for all 32 teams

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Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesLululemon is partnering ...

iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled

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Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, ...

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

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U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., Oct. 22, 2025. Kevin Lamarque ...

Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 15%

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Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so ...

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

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