Business

400tmax/Getty Images (NEW YORK) — Alphabet Inc., the parent company of Google, said Friday that it will cut about 12,000 jobs from its global workforce, affecting approximately 6% of the company’s employees. “I have some difficult news to share,” Google’s CEO Sundar Pichai wrote in an email to Google employees on Friday morning. “We’ve decided […]

Tetra Images/Getty Images (NEW YORK) — The holiday shopping season began with a boom but ended with a whimper. U.S. retail sales fell in December, offering the latest sign of an economic slowdown driven by elevated prices and rising interest rates. Year-over-year retail sales dropped by about 1% last month, extending a nearly identical fall […]

Ian Gavan/Getty Images for Gucci (NEW YORK) — John Legend is officially entering the skin care game. The award-winning singer-songwriter just announced the launch of a new personal care brand, Loved01. Formulated in partnership with dermatologist Dr. Naana Boakye, the line was made to treat “melanin-rich skin,” according to Legend. “Our mission is to celebrate […]

Eva Marie Uzcategui/Bloomberg via Getty Images (NEW YORK) — Former President Donald Trump is looking to get back on Facebook. Attorneys for Trump, who was banned from Facebook after the Jan. 6 insurrection, have written to executives of Meta requesting a meeting to discuss “prompt reinstatement to the platform,” according to a copy of the […]

NicolasMcComber/Getty Images (NEW YORK) — Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash jobs as the sector contracts after a pandemic-era boom. The layoffs will affect nearly 5% of Microsoft’s global workforce, the company said. “As we saw customers accelerate their digital spend during the pandemic, we’re […]

shaunl/Getty Images (NEW YORK) — The Occupational Safety and Health Administration cited Amazon on Wednesday for failing to furnish a place of employment that was free from recognized hazards that were causing serious physical harm to employees. This is the second set of OSHA citations issued after referrals from federal prosecutors in New York who […]

Karl Tapales/Getty Images (NEW YORK) — A customer-service center uses artificial intelligence to identify a caller’s agitation, an insurance company scans voice data to flag illness and raise rates, a five-star restaurant denies a reservation over personal details revealed by the tone on the other end of the line. Far from science fiction, such scenarios […]

Tetra Images/Getty Images (NEW YORK) — Even as U.S. households begin to enjoy relief from inflation woes, a spike in heating bills could crunch budgets this winter due to a rise in natural gas prices. Nearly half of the nation’s households rely on natural gas for warmth. The price of the fuel surged last year […]

Urbanandsport/NurPhoto via Getty Images (NEW YORK) — As the Department of Transportation increases its call on airlines to promptly refund passengers, Delta Air Lines is telling some people on social media that it could be months before they see their money returned. Still, the company insisted to ABC News that it was working “in a […]

Chevrolet (NEW YORK) — Seventy years and eight generations later, the fabled, mesomorphic Corvette will join the world of electrification with the “E-Ray,” a hybrid sports car that bolts from 0-60 mph in 2.5 seconds, making it the quickest production Corvette in history. Chevrolet unveiled the new model on Tuesday, 70 years to the day […]