Five passengers bound for Atlantis Events' 'Symphony of the Seas' gay festival cruise were arrested after security dogs detected narcotics in their luggage, casting a shadow over the high-profile voyage.
A landmark study reveals a widespread and costly retirement planning error, with the vast majority of Americans claiming Social Security benefits too early and sacrificing significant lifetime income.
In a sweeping strategic shift, The Washington Post is laying off approximately 300 journalists, dismantling its sports desk, and scaling back international and local coverage. The move, described by staff as a 'bloodbath,' marks a profound contraction for the storied publication under owner Jeff Bezos.
Tractor Supply is significantly scaling its final-mile delivery network to over 1,200 stores, a strategic move designed to curb rising transportation costs and boost customer satisfaction by bringing more big and bulky item deliveries in-house.
The final pillar of post-Cold War nuclear arms control between the United States and Russia crumbles as the New START treaty lapses, raising urgent questions about strategic stability, a rising China, and global proliferation risks.
With household electricity costs remaining a significant burden, experts outline a clear path to savings, from navigating deregulated markets to simple efficiency upgrades that can curb energy waste.
The Washington Post has initiated a major restructuring, resulting in hundreds of layoffs across its newsroom, including the closure of its storied sports desk. The move comes despite direct appeals from reporters to owner Jeff Bezos and signals a sharp strategic pivot.
PepsiCo has announced significant wholesale price cuts of up to 15% on its flagship snack brands like Doritos and Cheetos. While the move is framed as a response to consumer pressure, the final savings for shoppers hinge on individual retailers' pricing decisions.
Despite posting quarterly results that exceeded analyst expectations, shares of Boston Scientific and AbbVie fell sharply as investors scrutinized underperformance in key business units and expressed caution over forward-looking statements.
Pinterest has dismissed two software engineers for creating and distributing an unauthorized tool that identified colleagues affected by recent layoffs, a move the company calls a clear violation of privacy and policy.
TransDigm Group concluded fiscal 2024 with robust cash reserves nearing $6.3 billion, powered by high-margin aftermarket revenues. While navigating Boeing strike impacts and a slower OEM recovery, the aerospace supplier projects steady growth for 2025 and signals continued aggressive capital deployment for acquisitions and shareholder returns.
The U.S. dollar found modest support Wednesday following the resolution of a partial government shutdown and amid stock market weakness. However, gains were capped by a soft private payrolls report, while longer-term concerns over fiscal policy and interest rate differentials continue to cloud the currency's outlook.
In a candid industry forecast, Volvo's outgoing CEO Håkan Samuelsson states that manufacturing efficiencies and falling battery costs will make EVs cheaper to produce than internal combustion vehicles within five years, a shift that could redefine auto market dynamics.
Fresh from navigating Florida's hurricane-driven insurance crisis, Florida Peninsula Insurance is now exploring a potential move into California, a market reeling from record wildfire losses and major carrier pullbacks.
Leading British banks, including Barclays and HSBC, are reversing course and increasing mortgage costs as market expectations shift towards fewer interest rate cuts in 2024, with the Bank of England widely expected to hold its base rate at 3.75%.
The Washington Post has laid off hundreds of employees in a sweeping restructuring, a move its former executive editor called one of the 'darkest days' in the paper's history. The cuts affect key departments as the publication seeks to reposition itself in a challenging media landscape.
Finance departments are ditching manual data entry for automated systems, unlocking dramatic gains in efficiency, cost control, and strategic insight. The shift is proving to be a strategic imperative, not just a technological upgrade.
Optical components leader Coherent is set to report quarterly results after the bell, with investors watching to see if surging AI infrastructure spending can propel a sixth straight earnings surprise and justify its meteoric stock rise.
Baxter International's Q3 2025 reveals a mixed financial picture, with earnings beating estimates but revenue falling short. The company slashes its dividend and grapples with prolonged safety holds on its Novum IQ infusion pumps, even as it launches a new product in the advanced wound closure market, leaving investors to weigh near-term risks against long-term strategy.
In a rare public rebuke, former executive editor Marty Baron condemned the deep staff cuts and strategic shifts ordered by owner Jeff Bezos, calling the move a betrayal of the newspaper's journalistic mission.
