JPMorgan Chase has informed approximately 1,000 employees of First Republic Bank that they will no longer have their jobs. Earlier this month, JPMorgan acquired most of First Republic's assets after

Google’s parent company, Alphabet, may be one of the world’s most powerful tech giants, but even it would feel the shockwaves if the booming artificial intelligence sector were to suffer

Gold prices recently soared to an all-time high as investors sought refuge from mounting global economic and political instability. The spot price of gold climbed to $3,508.50 per ounce early

The CEO of OpenAI, Sam Altman, has drawn attention for his sobering remarks about the potential risks posed by artificial intelligence (AI) technology, suggesting it could lead to an existential

As Hollywood faces challenges amid ongoing industry strikes, streaming giant Netflix had reason to celebrate on Wednesday with the release of its earnings report. The company's long-anticipated plans to clamp

Pernod Ricard, one of the world's largest alcohol producers, is selling the majority of its wine brands as global wine consumption continues to decline. The French conglomerate, which owns renowned

Ferrari has launched a new initiative asking its owners and fans to help identify and report counterfeit products, from cars to merchandise, in an effort to maintain the authenticity and

Pepsi has launched a new challenge that would give fans the opportunity to win an all-expense paid trip to watch the UCL finals 2023 live. For the first time ever,

Chancellor Rachel Reeves has emphasised that the United Kingdom’s trading relationship with the European Union may be more significant than its ties with the United States. Speaking to the BBC

Amazon, the global e-commerce giant, has issued cautionary emails to certain US-based office employees regarding their in-person attendance at work, indicating the company's commitment to enforcing its return-to-office policies. The

TikTok is currently addressing a cyber-attack that has compromised the accounts of several high-profile brands and celebrities, including Paris Hilton and CNN. The video-sharing platform, owned by the Chinese company

Harvey Mason Jr., the Chief Executive Officer of the Recording Academy, is leaving no stone unturned in his efforts to restore the credibility of the Grammy Awards, scheduled for its

When Lagos state authorities notified Nigerian business mogul Paul Onwuanibe in late March that he had seven days to leave his multimillion-dollar beach resort so it could be torn down,

The value of small parcels shipped from China to the UK more than doubled in the past year, sparking concerns among British retailers about unfair competition and lost tax revenues.

Home Depot has agreed to pay nearly $2 million to settle a civil enforcement case brought by California district attorneys, accusing the home improvement giant of false advertising and unfair

There have been whispers of an impending freeze on hiring and even layoffs across financial firms as soaring interest rates and recession fears have tanked appetites for mergers, IPOs and

The global tech sector has seen more than 100,000 job losses in 2025, as major firms slash headcounts while redirecting resources toward artificial intelligence and other strategic shifts. Intel has

Air New Zealand has become the first major airline to retract a 2030 emissions reduction target, citing difficulties in acquiring more fuel-efficient aircraft and sustainable jet fuel. The airline had

In anticipation of Sony's upcoming PlayStation Showcase, there have been numerous rumors circulating about potential appearances and announcements. One company that has garnered significant attention is Konami, especially after recent

Nike is undergoing a major leadership overhaul as it grapples with intensifying competition and internal strategy missteps. On Thursday, the athletic apparel giant announced that CEO John Donahoe will retire