Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report. The tech giant intends to slash roughly 10% of its global workforce — or nearly 8,000 employees — in an initial round of cuts on May…

A Kansas-based restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has filed for bankruptcy. 801 Restaurant Group LLC filed for Chapter 11 reorganization last Friday in U.S. Bankruptcy Court in Kansas, the company confirmed to Fox Business.The business owns several companies…

Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a National Highway Traffic Safety Administration (NHTSA) investigation into reports of unexpected downshifts, the regulator said on Friday. NHTSA’s recall announcement said Ford was aware of two injuries and one accident that were potentially related to the…

More good news on President Trump winning the war and the growing likelihood that some kind of agreement will be made with Iran. It’s driving the stock market sky-high.  My guess is improving the animal spirits of all Americans who know the cause to destroy Iran is just but were…

The parent company behind the well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy.   QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District of Texas, announced the filing in a press release Thursday, saying the company will undergo a Restructuring Support Agreement…

The Federal Aviation Administration (FAA) announced on Thursday that it would implement a scheduling reduction at Chicago’s O’Hare International Airport after the airlines that serve the airport planned to scale up flights despite significant levels of cancellations and delays.  O’Hare is the busiest airport in the U.S. based on flight…

Walmart announced that it’s planning to remodel more than 650 of its stores around the U.S. while it also will open about 20 new stores in 2026 and early 2027. The retail giant said on Thursday that the plan builds on its 2024 commitment to open or convert over 150…

Fans planning to use New Jersey’s NJ Transit to travel from New York City to MetLife Stadium for FIFA World Cup games this summer will have to pay $150 for a round-trip ticket, officials confirmed on Friday. The fare would apply to fans taking NJ Transit’s rail service from New…

Netflix co-founder Reed Hastings will not seek re-election to the company’s board. He is currently the chair of the streaming entertainment giant’s board of directors.”Reed Hastings has informed us that he will not stand for re-election to our Board when his current term expires at the Annual Meeting in June,…

Oil prices plummeted more than 10% on Friday after Iran’s foreign minister said that the Strait of Hormuz will be open to all commercial shipping traffic for the duration of the ceasefire between Israel and Lebanon. Prices for West Texas Intermediate crude fell over 10% to under $85 a barrel,…