World News
CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers at the celebrity video-greeting app are reporting into the company’s Chicago headquarters Monday through Thursday. In exchange, the roughly two dozen eligible employees can expect a $10,000 annual…
Read More »Hasbro says it’s taking steps to offset China tariff effects
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro Chief Financial Officer Gina Goetter said on the company’s fourth-quarter earnings call that the toymaker’s 2025 guidance — which includes…
Read More »Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European plane maker’s imports stateside, CEO Guillaume Faury said Thursday. “We have a large demand from the rest of the world, so [if] we face very significant difficulties to deliver to the U.S., we can also adapt by bringing…
Read More »ESPN plans to add user-generated content to upcoming ‘flagship’ streaming service
In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which will debut later this year. While the details are still unclear, ESPN will allow subscribers to post their own content at some point in the application’s evolution, according to…
Read More »Walmart says it’s ‘not going to be completely immune’ from Trump’s tariffs
Walmart would likely see some impact from tariffs President Donald Trump is seeking to impose, especially if ones threatened against Canada and Mexico are implemented, the retailer said Thursday. The big-box giant reported quarterly earnings and also signaled slowing profit growth. Its shares fell about 6% amid a broader market decline Thursday morning. In…
Read More »Walmart is getting a bump from a surprising cohort: Wealthier shoppers
Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its stores. Households…
Read More »JetBlue talking to ‘multiple airlines’ about a new partnership
JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, said at a Barclays industry conference. A federal judge in 2023 ruled the New York airline’s partnership in the Northeast with American Airlines was…
Read More »Microsoft reveals its first quantum computing chip, the Majorana 1
Microsoft on Wednesday announced Majorana 1, its first quantum computing chip. The achievement comes after the company has spent nearly two decades of research in the field. Technologists believe quantum computers could one day efficiently solve problems that would be taxing if not impossible for classical computers. Today’s computers use bits…
Read More »Trump Media sues Brazil Supreme Court judge who battled Elon Musk
Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking of Musk’s own social media firm, X, in that country. The Tampa, Florida, federal court lawsuit accuses Justice Alexandre de Moraes of allegedly illegal attempts to censor a “well-known politically outspoken…
Read More »Argentine President Milei faces impeachment calls for promoting cryptocurrency that tanked
Argentine President Javier Milei is facing withering criticism, including some calls for impeachment, after promoting a new cryptocurrency on his social media account. In a since-deleted post from his personal account on X on Feb. 14, Milei shared a link to a site where users could purchase a cryptocurrency called…
Read More »