A man stands as a cargo ship carrying containers sails into a dock at a container terminal in Shanghai, on October 17, 2025. – Jade Gao/AFP/Getty...
By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and...
By Greg Bensinger and Deborah Mary Sophia (Reuters) -Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts...
Thousands of workers are falling victim to job cuts at Amazon (AMZN), UPS (UPS), Nestlé (NSRGY), and other large companies, in an economy defined by uncertainty,...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. A collective angst...
By Trevor Hunnicutt BUSAN, South Korea (Reuters) -U.S. President Donald Trump said on Thursday he had agreed to reduce tariffs on China to 47% in exchange...
By Trevor Hunnicutt BUSAN, South Korea (Reuters) -U.S. President Donald Trump said on Thursday he had agreed with President Xi Jinping to trim tariffs on China...
Creators are making big bets on launching their own companies, taking equity over royalties or marketing fees. But as Logan Paul and KSI’s Prime Hydration shows,...
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” The layoff announcement this week...
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment, solid consumer spending—but is quietly losing...