Business
Ballmer Denounces Founder He Backed After Fraud Guilty Plea
Microsoft's former CEO says he was 'duped' by Joseph Sanberg, detailing investor harm in sentencing letter.
Amazon-Backed Nuclear Startup X-energy Raises $1 Billion in IPO Driven by Data Center Demand
Small modular reactor developer exceeds expectations as tech companies seek clean power for AI infrastructure
The Upfronts Aren't About TV Anymore: Where Madison Avenue's Billions Are Really Going
As streaming captures prime viewership, the industry's annual ad-buying spectacle is quietly transforming into a marketplace where traditional broadcast plays a shrinking role.
O'Leary Blasts Reported Spirit Airlines Bailout as 'Really Bad Idea'
Investor warns Trump administration against supporting 'bad management' as debate over government intervention in failing carriers intensifies
O'Leary Breaks With Trump on Spirit Airlines Bailout Plan
Prominent investor calls proposed federal intervention a "really bad idea," citing free-market principles
Nike to Cut 1,400 Jobs as Sales Slowdown Pressures Sneaker Giant
Layoffs represent roughly 2% of workforce as athletic apparel maker confronts inventory challenges and cooling consumer demand
Nike Cuts 1,400 Jobs as Athletic Apparel Giant Grapples with Sales Slowdown
Workforce reduction comes as sportswear maker faces cooling consumer demand and inventory management challenges
Nike to Cut 1,400 Jobs as Sales Slowdown Pressures Athletic Apparel Giant
Workforce reduction reflects broader challenges facing discretionary retail sector amid cooling consumer demand