Spotify to cut 17% of workforce in third round of layoffs this year
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
Federal jury awards $17.7 million to Kraft, other suppliers after major price-fixing conspiracy
Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. were among the plaintiffs in the lawsuit.
Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. were among the plaintiffs in the lawsuit.
Old Taylor High School turned into small business shopping center
It's been 100 years since Old Taylor High School opened its doors to teach young minds, but now it serves a different purpose: home to 27 small businesses, eateries, and specialty shops.
It's been 100 years since Old Taylor High School opened its doors to teach young minds, but now it serves a different purpose: home to 27 small businesses, eateries, and specialty shops.
Companies are cutting worker benefits to offset the sting of high inflation
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Gas prices’ downward trend continues – for now: AAA
Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.
Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.
Homeowners could save tens of thousands in damages by using smart devices
Homeowners may miss out on significant insurance discounts by overlooking the benefits of smart home devices, according to a Nationwide study.
Homeowners may miss out on significant insurance discounts by overlooking the benefits of smart home devices, according to a Nationwide study.
US third quarter GDP estimate revised upwards on second reading
Real GDP increased at an annual rate of 5.2% for the July-through-September period after rising 2.1% in the second quarter this year, according to the BEA's second estimate released Thursday.
Real GDP increased at an annual rate of 5.2% for the July-through-September period after rising 2.1% in the second quarter this year, according to the BEA's second estimate released Thursday.
'Go F--- yourself:' Musk uses expletive to say he doesn't care about fleeing advertisers
Billionaire Elon Musk said Wednesday that advertisers who have halted spending on his social media platform X in response to antisemitic and other hateful material are engaging in “blackmail" and, using a profanity, essentially told them to go away.
Billionaire Elon Musk said Wednesday that advertisers who have halted spending on his social media platform X in response to antisemitic and other hateful material are engaging in “blackmail" and, using a profanity, essentially told them to go away.
Colorado poised to ban 'fatphobia' in workplace, housing
The law aims to prevent landlords from discriminating against renters due to weight limits and to implement workplace accommodations for overweight Americans.
The law aims to prevent landlords from discriminating against renters due to weight limits and to implement workplace accommodations for overweight Americans.
Subway is giving out free footlong cookies in these cities before they launch nationwide
Subway is celebrating National Cookie Day by giving customers in select cities a sneak peek of their new footlong cookies coming to stores nationwide.
Subway is celebrating National Cookie Day by giving customers in select cities a sneak peek of their new footlong cookies coming to stores nationwide.
Student loan payments render the holidays unaffordable for many: survey
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Red Lobster's Ultimate Endless Shrimp deal contributed to third-quarter operating loss
Red Lobster posted a huge loss in its third quarter -- linked partly to its Ultimate Endless Shrimp deal, which became a permanent fixture on its menu over the summer.
Red Lobster posted a huge loss in its third quarter -- linked partly to its Ultimate Endless Shrimp deal, which became a permanent fixture on its menu over the summer.
Home prices continued ascent in September despite soaring mortgage rates: Case-Shiller
Nationwide, home prices rose by 0.3% in September and now stand 3.9% above their year-ago level, according to the latest S&P CoreLogic Case-Shiller Indices report.
Nationwide, home prices rose by 0.3% in September and now stand 3.9% above their year-ago level, according to the latest S&P CoreLogic Case-Shiller Indices report.
Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Here's what ‘job cuffing’ is and how to avoid it
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
Best Buy combating theft with higher staffing levels in stores
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Small Business Saturday: Shopping and supporting local
Small Business Saturday is a nationwide initiative to support and celebrate local and small businesses and many shops say it helps drive up business each year.
Small Business Saturday is a nationwide initiative to support and celebrate local and small businesses and many shops say it helps drive up business each year.
Honda recalls more than 300K vehicles over missing seat belt piece
Honda says the pretensioners — which tighten seat belts in place upon impact — may be missing a rivet. This means passengers may not be properly restrained in a crash.
Honda says the pretensioners — which tighten seat belts in place upon impact — may be missing a rivet. This means passengers may not be properly restrained in a crash.