‘Barron’s Roundtable’ panelists discuss three things investors should keep in mind. Meta is preparing a sweeping workforce overhaul tied to its aggressive artificial intelligence push, including plans to move thousands of employees into AI-focused roles while cutting managers and laying off workers this week. The Facebook parent plans to lay off roughly 10% of its…
Check out what’s clicking on FoxBusiness.com. A Texas Chick-fil-A franchise operator is facing a federal lawsuit over allegations that it refused to accommodate an employee’s religious beliefs before ultimately firing her. According to a complaint filed by the Equal Employment Opportunity Commission (EEOC) and obtained by FOX Business, Hatch Trick, Inc. — which operates several…
Global fund managers raised their allocation to equities by the most on record in May, driven by optimism over earnings growth and by the possibility of the Federal Reserve cutting rates, according to a Bank of America monthly survey published on Tuesday. Source link
Subscriber content preview May 19, 2026 Local leadership changes for Skanska Skanska crews working on WSDOT’s $1.38 billion SR-520 Portage Bay Bridge and Roanoke Lid Project are starting on the westbound bridge’s permanent foundation. Two longtime local Skanska leaders have been promoted from within. . . . Source link
A California jury on Monday found OpenAI co-founders CEO Sam Altman and president Greg Brockman not liable for having allegedly unjustly enriched themselves by turning the once nonprofit company into a for-profit business, because Musk filed the suit outside the statute of limitations. Tesla CEO and fellow co-founder Elon Musk initially sued the pair, as…
A Democratic city council member who once welcomed the “change” from socialist Seattle Mayor Katie Wilson is now admitting he is “gravely concerned” about the business exodus affecting the major American city. This comes as blue states like Washington and New York face a business exodus in favor of more market-friendly red states. Starbucks, a…
Home Depot got a lift in the first quarter from professionals and also homeowners stocking up on spring supplies. “The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure,” CEO Ted … Source link
U.S. Education Secretary Linda McMahon discusses the new Workforce Pell Grant program, efforts to combat fraud in federal aid applications, addressing a ‘reading recession’ and more on ‘Mornings with Maria.’ The Trump administration on Monday unveiled the nation’s first Workforce Pell Grant program, a federal student aid initiative designed to move Americans more quickly into…
Swiss watchmaker Swatch and luxury partner Audemars Piguet are betting big on a Gen Z “product drop” culture – buzzy, often limited launches that have helped spur sales from Labubu dolls and Nike trainers to Popeyes chicken. Source link
Intel CEO Lip-Bu Tan said Monday that the company’s external manufacturing business is gaining traction, emerging as a key piece of the chipmaker’s turnaround. “Foundry is very important,” Tan told Jim Cramer on CNBC’s “Mad Money.” “It’s one of the key national treasures.” Intel’s manufacturing business, known as foundry, is of the most expensive and…
