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business news

Roku to lay off 10% of workforce, stock jumps

by Adam Aitken

Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …

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Why UAW strikes at GM, Ford, Stellantis seem inevitable

by Francesco Algarotti

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto …

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India importing Russian oil is win-win for global economy, says ONGC

by Lotfi Akalay

Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation. …

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Meta’s Facebook provides Trump a fundraising lifeline

by Betti Alver

Former U.S. President and Republican candidate Donald Trump makes a keynote speech at a Republican fundraising dinner in Columbia, South Carolina, U.S. August 5, 2023.  Sam Wolfe | Reuters Ever …

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Comcast, Disney move up deadline to decide Hulu future ownership

by Claribel Alegria

Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The timeline to decide Hulu’s ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday. Comcast and …

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Trump found liable in E. Jean Carroll rape defamation case

by Peter Abrahams

E. Jean Carroll, former U.S. President Donald Trump rape accuser, arrives at Manhattan Federal Court for the continuation of the civil case, in New York City, May 9, 2023. Brendan …

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Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

by Leila Aboulela

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan …

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AI may breathe new life into smartphones

by Claribel Alegria

Qualcomm Inc. President and CEO Cristiano Amon speaks during the company’s press event for CES 2022 at the Mandalay Bay Convention Center on January 4, 2022 in Las Vegas, Nevada. …

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Football, NFL shift toward streaming, away from regular TV

by Peter Abrahams

Aaron Rodgers, #8 of the New York Jets, warms up prior to the game against the New York Giants at MetLife Stadium in East Rutherford, New Jersey, Aug. 26, 2023. …

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