Business
Walmart eliminates about 1,500 jobs on technology team
The company has about 1.6 million US employees, making it the largest private employer in the country Walmart is cutting corporate staff…
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Business
Business
Europe: Stocks ease from two-month highs as retailers, luxury stocks weigh
EUROPEAN stocks were little changed on Wednesday as gains in broader stocks outweighed declines in luxury and retail stocks, while…
Business
US: Stocks tumble as bond yields spike amid deficit worries
WALL Street stocks slid on Wednesday as US Treasury yields surged amid investor unease over President Donald Trump’s giant tax cut…
Business
LVMH said to warn of continued luxury weakness on China woes
LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three…
Business
Why Every Young Entrepreneur Should Consider VPS Hosting
Deanna Ritchie Deanna Ritchie is a managing editor at Under30CEO. She has a degree in English Literature. She has written 2000+ articles…
Business
OpenAI teams up with former Apple design chief Jony Ive as AI race heats up
Jony Ive, a former Apple executive known for designing the iPhone, is joining forces with OpenAI, the San Francisco startup behind popular…
Business
Surge AI is latest San Francisco startup accused of misclassifying its workers
Artificial intelligence training company Surge AI has been hit with a lawsuit alleging it has misclassified contractors hired to improve…
Business
UK Weather: Very low chance of tornado as rain expected over weekend
Downpours and thunderstorms are not unusual for UK weather in spring, and the risk of any particular place seeing a tornado on Wednesday…
Business
Terence Reilly Takes On New Role As Chief Brand Officer For Crocs Inc.
Crocs‘ Terence Reilly is going to be busy creating brand heat for both the Crocs and Hey Dude brands. Reilly, who rejoined Crocs in April…
Business
Tesla’s Cybertruck is officially a flop
We’ve known since launch that the Cybertruck is a flop. Sales have been residual after they peaked at 5,175 units registered in July 2024,…
Business
Ann Goldstein on Keeping English in Mind
When the translator Ann Goldstein—who has helped to bring Elena Ferrante, Primo Levi, and Pope John Paul II to English readers—works on a…
Business
TikTok signals layoffs as U.S. e-commerce team told to work from home
U.S. TikTok Shop employees received a memo on Tuesday that recommended its staff to work from home Wednesday, ahead of “difficult…
Business
'The mood is changing': Israeli anger grows at conduct of war
As Israel's war in Gaza enters a new, violent phase, a growing number of voices within the country are speaking out against it - and how…
Business
Meta AI chief: ‘Inferiority complex’ is stunting European tech
Europe’s not lacking talent — it’s lacking confidence. That’s the verdict from Meta’s chief AI scientist Yann LeCun, who says an…
Business
The world’s critical minerals come from just a few countries. That’s a big problem for clean energy
The world’s sources of critical minerals are increasingly concentrated in just a few countries, most notably China, leaving the global…
Business
CapitaLand Ascott Trust prices S$260 million of perpetuals at 4.2%
The issuance, with OCBC as lead manager and bookrunner, is expected to be on or around May 28 HOSPITALITY player CapitaLand Ascott Trust…
Business
US: Wall Street opens lower with focus on Trump's tax Bill
Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around US President…
Business
Shares for Vans Parent Company VF Corp. Sink After Q4 Revenue Miss
Shares for Timberland and Vans parent company VF Corporation sank 14 percent in pre-market trading on Wednesday morning following…
Business
Mórbido TV and Screen Capital Unveil Umbra, a Genre-First Streaming Hub for the LatAm Market (EXCLUSIVE)
Chilean investment firm Screen Capital has acquired Versatile Communications Inc. to launch the region’s first multi-platform hub…
Business
DBS’ Tan Su Shan ranked sixth in Fortune’s list of the most powerful women in business
Tan Su Shan, chief executive officer of DBS, has been named the sixth most powerful woman in business in Fortune magazine’s 2025 100 Most…
Business
By putting AI into everything, Google wants to make it invisible
Yes, Google’s roster of consumer-facing products is the slickest on offer. The firm is bundling most of its multimodal models into its…
Business
Gary Lineker's podcast The Rest is Football dropped by BBC after row
New episodes of Gary Lineker's podcast The Rest is Football will no longer appear on the BBC's audio streaming service after the presenter…
Business
Microsoft-backed Builder.ai set for bankruptcy after cash seized
Builder.ai, the British artificial intelligence startup backed by Microsoft and the Qatar Investment Authority, is filing for bankruptcy…
Business
West Nile virus detected in UK mosquitoes for first time
West Nile virus has been detected in UK mosquitoes for the first time, the UK Health Security Agency (UKHSA) said. It added that the risk…