Nike shares plunge 9% as turnaround slows, restructuring could bring job cuts

The young instructor founded Project Root in Crewe after seeing gaps in local access to health and wellness resources. He has also developed RootBreath, a free app designed to help people practice breathing exercises and mindfulness. The…

American Express plans to cut 3,500 jobs worldwide despite a 28% profit surge, as the credit card giant restructures operations and prepares for AI. The post American Express to cut 3,500 jobs despite 28% profit surge appeared first on The…

Tesla and SpaceX CEO Elon Musk has invested around $1 billion in Skydance, according to a Semafor report citing people familiar with the matter. The post Musk invests $1 billion investment in Ellison’s Skydance appeared first on The…

Amazon’s new Nvidia AI servers worth billions are piling up in warehouses as data centers face electricity shortages, raising concerns about cash flow and the cost of its AI expansion. The post Amazon’s $5 billion Nvidia AI servers sit…

Trump defends Ramaswamy’s controversial ad targeting Amy Acton’s mother, criticizing Ohio Governor Mike DeWine for demanding its removal The post Trump defends Ramaswamy’s attack ad on rival’s mother, rebukes Ohio Gov. DeWine appeared…

Zuckerberg reaches a deal allowing him to sell nonvoting shares to help pay a proposed 5% California wealth tax that could cost him over $11B The post Zuckerberg strikes deal with Meta to prepare for California’s proposed billionaire tax…

The Supreme Court allows New Hampshire to restrict student IDs as voter identification ahead of the November midterm elections. The post Supreme Court allows New Hampshire to restrict student IDs for midterm voting appeared first on The…

An Indian H-1B worker laid off while visiting India is seeking legal advice on whether he can return to the US before his separation date The post H-1B layoff leaves Indian worker in India unsure if he can reenter US appeared first on The…