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ECONOMY
Starbucks to close 1% of stores and lay off 900 employees in restructuring plan

Starbucks announces plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring effort.

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ECONOMY
Turkish Airlines Finalizes Major Boeing Aircraft Deal

Turkish Airlines confirms a landmark deal with Boeing for aircraft purchases, expanding its fleet significantly within a changing economic backdrop.

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ECONOMY
Bosch to Cut 13,000 Jobs Amid Challenges in Germany’s Auto Sector

Bosch plans to cut 13,000 jobs in response to economic pressures impacting Germany's auto industry.

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ECONOMY
Amazon to pay $2.5 billion to settle FTC allegations over deceptive Prime practices

Amazon settles FTC lawsuit for $2.5 billion over deceptive Prime membership enrollment practices.

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ECONOMY
US Senators Question Big Tech Hiring Practices Amid H-1B Visa Concerns

US lawmakers demand explanations from major tech firms about their H-1B visa hiring amid job cuts.

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ECONOMY
Trump's $100,000 H-1B Visa Fee Could Reshape Hiring Practices Across Tech and Finance Sectors

Trump's new $100,000 fee for H-1B visas may severely affect hiring in tech and finance, prompting firms to reconsider foreign recruitment.

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ECONOMY
Intel Explores Investment Opportunities with Apple Amidst Financial Challenges

Intel is seeking investment from Apple to bolster its struggling chip manufacturing business amidst fierce competition.

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ECONOMY
U.S. Economy Grows at Strong 3.8% Rate in Second Quarter Boosted by Consumer Spending

The U.S. economy grew 3.8% in the second quarter, primarily driven by strong consumer spending and reduced imports.

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ECONOMY
Surge in New Home Sales Drives Expectations in U.S. Housing Market

New home sales in the U.S. have surged, prompting speculation about market trends as mortgage rates decline.

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ECONOMY
Apple Calls for Repeal of Digital Markets Act, Citing User Experience and Security Risks

Apple urges the EU to repeal the Digital Markets Act, claiming it adversely affects user experience and poses security risks.

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