Bombardier to cut 2,500 aviation jobs as pandemic dents travel demand

Bombardier to cut 2,500 aviation jobs as pandemic dents travel demand

Canadian plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11 percent of the workforce at its aviation unit, as the coronavirus pandemic’s…

Barry Diller says IAC, Expedia will ditch earnings guidance

Barry Diller says IAC, Expedia will ditch earnings guidance

Media magnate Barry Diller says his companies will end the “absurd” practice of giving earnings guidance to shareholders. The billionaire chairman of IAC and Expedia said firms are wasting the…

Retailers tighten security as looting fears rise

Retailers tighten security as looting fears rise

It may be safer to rob a bank. Retailers across the country are increasing their defenses to protect against looting, including by hiring armed guards, planting scouts to monitor, and…

Bernie Madoff denied compassionate release, likely to die in prison

Bernie Madoff denied compassionate release, likely to die in prison

A federal judge on Thursday rejected Bernard Madoff’s request to be released from prison early because he was dying of kidney failure, saying the scammer still had no remorse for…

Ken Griffin pays $ 100 million for Basquiat painting amid racial protests

Ken Griffin pays $ 100 million for Basquiat painting amid racial protests

Hedge fund billionaire Ken Griffin has disbursed more than $ 100 million for a painting by Jean-Michel Basquiat, the late black artist whose works focused on race and inequality. The…

Impossible Foods will be sold to consumers as the plant-based meat market skyrockets

Impossible Foods will be sold to consumers as the plant-based meat market skyrockets

Impossible Foods said Thursday it will sell plant-based meat patties in the US. USA Directly to consumers through their own website, as the demand for vegan alternatives increases amid rising…

Elon Musk tweets that it is “time to break Amazon”

Elon Musk tweets that it is "time to break Amazon"

Elon Musk’s Twitter break did not last long. Only three days after announcing he was “off Twitter for a while,Musk returned to the platform saying it is “time to break…

Jack Dorsey donates $ 3 million to charity led by Kaepernick

Jack Dorsey donates $ 3 million to charity led by Kaepernick

Twitter CEO Jack Dorsey doesn’t appear to be interested in making peace with President Trump any time soon. Just a week after tagging two of Trump’s tweets with fact-check tags,…

“Fortnite” delays the end of season event due to protests by George Floyd

"Fortnite" delays the end of season event due to protests by George Floyd

The effects of George Floyd’s protests have reached the world of video games. One of the world’s most popular free-to-play shooter games, Fortnite, announced this week that it would delay…

Simon Property sues Gap for not paying rent during coronavirus crisis

Simon Property sues Gap for not paying rent during coronavirus crisis

The nation’s largest mall operator is suing its largest tenant for not paying rent during the pandemic in what could be the start of a stream of litigation over rent…