Product that tells our story
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | Reuters Disney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the […]
The U.S. Attorney’s Office for the Southern District of New York has charged associates of an unidentified U.S. server maker with illegally diverting billions of dollars in Nvidia-powered servers to China. The U.S. government has been trying to figure out how high-powered chips have reached China without authorization, as American artificial intelligence companies such as […]
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own […]
Target has come under pressure from protesters and pols in its home state of Minnesota after ICE agents detained two employees of the big box retailer who were US citizens. Federal immigration agents detained the workers inside a Richfield, Minn., store on Jan. 8 after a confrontation that began in the parking lot and spilled […]
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Billionaire Barry Sternlicht, […]
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023 Ben Kriemann | Getty Images Microsoft said on Tuesday that employees will be expected to work in an office three days a week starting next year. Employees that work near Microsoft’s headquarters in Redmond, Washington, or the Puget Sound area, […]
The co-founder of trendy Manhattan cocktail lounge Employees Only is branching out with a new family-friendly restaurant in Brooklyn. Igor Hadzismajlovic, who opened the late-night industry fave in 2004, has chosen his wife, Helen Zhang, and Edo Ademovic to be his partners in the new venture. Ziggy’s Roman Cafe, at 15 Main Street in Dumbo, […]
A new survey is highlighting a restaurant chain that provides service with a smile. In-N-Out Burger has claimed the top spot for having the happiest employees among America’s major restaurant chains. Financial services company William Blair investigated Glassdoor data from the past 11 years, evaluating 530,000 reviews with about 90 different restaurant brands, according to Nation’s […]
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024. Jakub Porzycki | Nurphoto | Getty Images As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO […]
The SpaceX Starship sits on a launch pad at Starbase near Boca Chica, Texas, on October 12, 2024, ahead of the Starship Flight 5 test. The test will involve the return of Starship’s Super Heavy Booster to the launch site. Sergio Flores | Afp | Getty Images Over the weekend, Elon Musk got his new […]
