business news

Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter to employees Wednesday. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” Zuckerberg said in the letter. “I’ve decided to reduce the size of our team by about 13% and […]

Walgreens is introducing 24-hour delivery at 400 stores, the company announced Thursday. Courtesy Walgreens.Your next late-night Walgreens delivery. “Walgreens knows that taking care of health and wellbeing isn’t exclusive to business hours and that needs can pop up at any time of day,” said Stefanie Kruse, group vice president of digital commerce at the company. […]

For tech investors hoping Meta Platforms finds religion on cost cuts as they relate to heavy spending on virtual reality, now is not the time to bet on it. The company is cutting costs, including mass layoffs, and much of the market has been focused on the billions that Mark Zuckerberg is pouring into Reality […]

A Tesla dealership in Colma, California, on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Images For consumers who have found that costlier insurance is just one of the expenses that make electric cars trickier to love, this is the year when relief may be coming. Tesla says its company-backed insurance, now […]


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