News

U.S. employers' announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows.Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the same month last year. Job cuts increased 205% from December, when there were 35,553 layoffs announced.This January saw the most layoffs for […]

A prediction market company best known for allowing users to bet on world events is stepping into New York City’s food scene — if only briefly — with the launch of what it’s calling the city’s first-ever free grocery store.Polymarket will be open for New Yorkers in Lower Manhattan starting at 12PM from Feb. 12 through Feb. 16, according to the NYC for Free website. It’s being described as the […]

Football fans were left furious after a major sports apparel brand came under fire for multiple Super Bowl merchandising issues ahead of the big game this weekend.Fanatics released a statement on Tuesday responding to recent backlash on social media over low stock and complaints about the quality of its Super Bowl LX jerseys for the New England Patriots and Seattle Seahawks. "NFL fans, we've seen your jersey feedback, and we take […]

Pizza Hut will close about 250 locations in the U.S. through June as its parent company, Yum! Brands, moves to shut underperforming stores and reassess the brand’s long-term strategy, executives said.Yum! Brands Chief Financial Officer Ranjith Roy said during an earnings call that the closures will primarily target weaker-performing Pizza Hut restaurants as part of a broader effort to modernize the chain.The closures are tied to the company's "Hut Forward" […]

FIRST ON FOX: The House Judiciary Committee has opened a formal investigation into actions by South Korean regulators that lawmakers say may discriminate against American technology companies. In an attempt to learn more, the committee has issued a subpoena to U.S. e-commerce giant Coupang for documents and testimony on its experiences.The e-commerce company, listed on the New York Stock Exchange, has emerged as one of the most visible examples cited […]