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EXCLUSIVE: The ongoing government shutdown is having a negative impact on American manufacturers' operations, and dozens of state manufacturing associations are writing to congressional leaders urging them to reopen the federal government, according to a letter reviewed by FOX Business.Thirty state manufacturing groups and the National Association of Manufacturers (NAM) sent a letter to Senate Majority Leader John Thune, R-S.D., Senate Minority Leader Chuck Schumer, D-N.Y., House Majority Leader Steve Scalise, R-La., […]

Paramount cut approximately 1,000 jobs on Wednesday, with another 1,000 expected "swiftly" in a massive headcount reduction designed to address "redundancies that have emerged" after the company’s $8 billion merger with Skydance. Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance Corporation, in August. Roughly 1,000 positions were eliminated Wednesday and the company plans to slash another 1,000 in the […]

Walmart announced its annual holiday sales events are coming back with significant deals as the company tries to lure in budget-conscious shoppers and reaffirm its dominance during the critical shopping period.  The retailer holds three major sales events, dubbed Walmart Deals Events, with loyalty members getting priority access. The first event will run from Nov. 14 to Nov. 16, with Walmart+ members getting five hours early access online beginning the evening […]