When Block, Inc. announced yesterday it was cutting nearly 40% of its workforce, Jack Dorsey framed as an efficiency reset. He called it an AI-driven restructuring aimed at…
Jack Dorsey’s Block has announced plans to cut over 40% of its workforce, a move that has sparked double-digit gains for the XYZ stock. The stock also rose…
Lumentum stock price has gone vertical this year and is now trading at its all-time high. LITE jumped to a high of $803, up by 1,600% from its…
Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its online ad spending in the U.S.…
Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an analysis of the incident that it…
Epic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in…
WASHINGTON — Boeing CEO Kelly Ortberg told senators on Wednesday that he’s happy with the company’s progress improving manufacturing and safety practices following several accidents, including a near catastrophe last year. Ortberg faced questioning…
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found…