Tag: Breaking News: Business
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EBay to lay off 9% of workforce in its second round of job cuts this year
EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its “top strategic priorities.”
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The political ad wars are still being fought over the airwaves even as digital gains share
Broadcast TV is set to capture nearly half of political advertising spending ahead of the midterm election as local stations benefit from record spending.
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OpenAI expands ChatGPT Ads to 26 new countries as diversification push accelerates
OpenAI is rolling out ChatGPT Ads in 26 new countries as it works to expand its advertising business
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United Airlines set to open its biggest airport lounge in $2.6 billion overhaul at Houston hub
United is opening a 54,000-square-foot lounge as part of the revamp of Houston’s George Bush Intercontinental Airport.
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Mortgage rates drop for the first time in 2 months, but demand still falls further
Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market.
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United Airlines slashes 2026 profit outlook on fuel prices, but travelers keep booking despite higher fares
United Airlines cut its profit outlook for the year as fuel prices continued to climb.
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Boeing wins FAA approval for 737 Max 10 after years of delays
The 737 Max 10, the largest model in the family, was set to start flying in 2020, but increased scrutiny and other safety issues delayed its certification.
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What Amazon must do to get its stumbling stock back to record highs and beyond
The performance of Amazon Web Services is the key.
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September data shows housing market in a deep freeze
New data on the housing market’s performance in September is bleak, with sales, construction and sentiment all falling more than expected.
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Novo’s next-generation obesity drug shows 25% weight loss in women in late-stage analysis
Novo released new evidence that its experimental CagriSema injection can improve upon the weight loss with its blockbuster GLP-1 obesity injection, Wegovy.
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