US Business
Bed Bath & Beyond CEO Exits as Sales Plunge
Bed Bath & Beyond replaced Mark Tritton, as the home-goods retailer’s sales plunged due to a mismatch between what its stores carry and what shoppers want.
Month: June 2022
US Business
FCC Member Calls On Apple, Google to Banish TikTok
Citing security risks, Federal Communications Commission member Brendan Carr asks tech giants to remove TikTok from their app stores.
Government
SkyWest to Continue Air Service to Chicago and Denver Throughout 2022
(Joplin, MO) – City of Joplin officials are pleased to announce that air service with SkyWest Airlines operated by United Express will continue to offer a dual hub service plan for Joplin throughout 2022. The […]
US Business
Tech Giants Pour Billions Into AI, but Hype Doesn’t Always Match Reality
After years of companies emphasizing the potential of artificial intelligence, researchers say it’s now time to reset expectations.
US Business
Novartis to Cut up to 8,000 Jobs World-Wide
The Swiss pharmaceutical giant’s job cuts, including 1,400 in Switzerland, are part of a previously disclosed restructuring plan aimed at saving some $1 billion in costs.
US Business
FTC Accuses Walmart of Letting Scammers Use Its Money-Transfer Services
The Federal Trade Commission sued Walmart on Tuesday alleging the retailer allowed its money-transfer services to facilitate fraud. Walmart called the suit “factually misguided.”
US Business
Tesla Lays Off Some Staff in Closing California Office
The electric-vehicle maker said it was closing a San Mateo, Calif., office and letting go about 200 people there. The company is pursuing cost cuts under the pressure of inflation and supply-chain disruptions.
US Business
Disney Board Renews CEO Chapek’s Contract
Directors of the world’s largest entertainment company voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.
US Business
P&G, Target to Cover Employee Travel for Abortions
Big employers in Midwest states joined tech giants and big banks in adding the benefit after the Supreme Court decision.
US Business
Pinterest Taps Google’s Commerce President as CEO
Ben Silbermann will become executive chairman after leading the company since its founding in 2010. His replacement, Bill Ready, had been president of commerce at Google since 2020.