Business

A collection of 1683 posts

Business

Inverse shutters gaming section, lays off three staff

Kotaku reports Inverse's gaming section was shut down on Friday and three staff, including Deputy Editor Shannon Liao, were laid off as the site reportedly "divests from gaming." Staff shared the news on Bluesky. Liao wrote, "After flying back from Vegas last week, I was

Business

Wayfair’s 72-Hour Clearout Sale: Up to 83% Off Furniture and Decor

People reports Wayfair is holding a 72-Hour Clearout Sale now through January 19, offering discounts up to 83 percent on accent chairs, coffee tables, rugs, bedding and other home items. Highlights named in the roundup include a Bedsure Textured Weave Queen Quilted Blanket Set for $40 (orig. $240), the Magnolia

Business

Plan holidays now to avoid scams and protect payments

With the January lull prompting many to think about holidays, travel companies are predicting a 5% rise in bookings this year despite the ongoing cost-of-living squeeze, the report said. Experts argue a package holiday often offers more protection than assembling your own trip. All UK companies selling holidays that include

Business

East Palestine seeks recovery nearly three years after Norfolk Southern derailment

East Palestine, Ohio, is trying to revive its economy nearly three years after a Norfolk Southern freight train derailed in February 2023 and authorities carried out a controlled burn of hazardous chemicals, an action federal safety regulators later said was unnecessary. Trains still pass close to the building where pet

Business

Wall Street retreats from net‑zero finance pledges after initial push

Six years after major financial firms pledged to use trillions of dollars to fight climate change, those efforts have largely collapsed, with many institutions walking back commitments and industry alliances unraveling. The movement began after BlackRock’s chief executive Larry Fink declared in 2020 that the firm would use its

Business

Retailers and Tech Giants Push A.I. Into Every Corner of Shopping

At the National Retail Federation summit in New York this week, Walmart and Google executives said they would use artificial intelligence to reshape how retailers sell products. John Furner, the incoming chief executive of Walmart who will step into the top job on Feb. 1, joined Google’s Sundar Pichai

Business

Sarandos pledges 45-day theatrical window for Warner Bros. films

Netflix co-CEO Ted Sarandos said the company will keep future Warner Bros. films in theaters for at least 45 days after the proposed acquisition closes, Businessinsider reported. Sarandos framed the commitment as part of running Warner Bros.ʼ theatrical business “largely like it is today,” saying, “we will run that

Business

Nordstrom’s winter sale: top fashion picks under $50, prices start at $12

People reports Nordstrom is offering steep winter fashion discounts, with top picks under $50 and prices starting at $12, in a roundup by Averi Baudler published on January 16, 2026 09:00PM EST. Baudler highlights selections from Free People, Béis, Billabong and BaubleBar, with specific bargains including Nordstrom Brushed Hacci

Business

Bedsure wearable heated blanket, an Amazon best-seller, is $50 off

People reports that Amazon’s best-selling new release in electric blankets is a wearable version by Bedsure, and the item is currently $50 off. The cordless wearable blanket offers full-body coverage with an oversized hood, two roomy pockets, and plush fleece. It has four heat levels, four timer settings (one

Business

Southern California Edison sues agencies and firms over Eaton fire

Southern California Edison filed lawsuits on Friday accusing government agencies and businesses of failing to warn residents and prevent the spread of the Eaton fire, while acknowledging that its equipment most likely started the blaze that killed 19 people and destroyed more than 9,400 buildings in Altadena. In the

Business

WestJet reverses plan for reduced-pitch, non-reclining economy seats

WestJet, Canada’s second-largest carrier, has backpedaled on a plan to install economy seats that do not recline after videos of cramped passengers went viral on social media. The airline had proposed narrowing seat pitch to 28 inches from about 30 inches to add an extra row of seating. WestJet

Business

White House moves reshape U.S. stock market at start of 2026

President Trump’s administration is having a big influence on the stock market at the start of 2026, driving large moves in specific sectors from oil to credit-card lenders and technology. The U.S. attack on Venezuela sent the value of some oil stocks surging, a social media post by

Business

TSMC posts record quarter, says AI demand is 'endless' and raises capex plans

TSMC reported record fourth-quarter results and told analysts that AI demand is "endless." The company posted net income of NT$505.7 billion (about $16 billion) for the quarter, up 35 percent year over year and above analyst expectations, and revenue of $33.7 billion, a 25.5

Business

Emma Cosgrove named Editorial Director of AI Innovation in newsroom reshuffle

Businessinsider: The newsroom said the following members have earned well-deserved promotions and announced a new class of January fellows working from the London and New York offices. Emma Cosgrove is the new Editorial Director of AI Innovation; she joined several months ago, has acted as a coach, trainer, editorial advisor,

Business

State Street to reengineer traditional assets with blockchain, not bitcoin

State Street, a $36 billion bank, is aiming to change legacy finance by using blockchain technology, CEO Ronald O’Hanley said. O’Hanley said the transformation isn’t about bitcoin, but about reengineering traditional assets for faster, modern rails. The remarks frame the effort as an infrastructure upgrade rather than

Business

Julian Gerighty leaves Ubisoft to join EA's Battlefield Studios

Pcgamer reports that Julian Gerighty, the executive producer of The Division series, announced he is leaving Ubisoft to take a position at EA's Battlefield Studios, posting on X that "The Division's future burns bright, and I can't wait for you to discover what

Business

Spotify raises prices for Premium, Student, Duo and Family plans

Spotify is increasing prices for several of its paid plans, the company said, affecting Premium, Student, Duo and Family subscriptions. In a message to subscribers earlier this week the music streamer said it was "updating the price of Spotify," and that Premium users would receive an email over

Business

UK demand for dog coats rises as cold, wet weather boosts sales

The market for dog clothing in the UK has surged this winter, with coats topping retailers' lists as increasingly cold and wet weather drives demand, industry figures say. Luxury pet shop Pawelier lists bestsellers including a £135 four-leg puffer coat with a fuzzy hood and toggle detailing and a

Business

Michael Saylor’s Strategy under strain as bitcoin bets falter

Michael Saylor’s company, Strategy (formerly MicroStrategy), has come under strain as its plan to convert the software firm into a Bitcoin-focused treasury faces losses and mounting financial obligations. Over the past six years Mr. Saylor used share issuances, borrowing and other financial tools to funnel much of the company’

Business

Couple saved $20,000 living in wife's parents' finished basement

Businessinsider reports that Caroline and Gabriel Navarrete, a newly married couple based in Maryland, have been living in Caroline's parents' finished basement and say the affordable rent helped them save $20,000 toward a home. The Navarretes moved into the basement after Caroline's parents bought

Business

Larry Fink named interim co-chair of World Economic Forum ahead of Davos

Larry Fink, the chairman and C.E.O. of BlackRock, has taken on the role of interim co-chair of the World Economic Forum’s board and is being described as a de facto mayor of Davos as the annual meeting in Davos, Switzerland, approaches. The change follows the resignation of

Business

Ted Sarandos defends Netflix’s $83 billion Warner Bros. deal, vows to keep theatrical releases

Ted Sarandos, Netflix’s co-chief executive, spoke at length for the first time since his company announced an $83 billion agreement to buy Warner Bros. Discovery’s movie and television business, saying the company would keep the studio running and continue releasing films in theaters. The interview was conducted in

Business

Amazon long-weekend deals: 15 writer-approved finds under $25

People reports a writer scoured Amazon’s sale section to round up long-weekend deals priced under $25, highlighting brands such as Ugg, Hanes and Owala. Standout finds include a Hanes EcoSmart fleece zip-up sweatshirt for $8 (orig. $14) — the item has landed in more than 1,000 Amazon carts this

Business

Goldman posts strong quarter as Solomon says dealmaking could top 2021

Businessinsider reports that Goldman Sachs posted strong fourth-quarter earnings as dealmaking surged, its stock is up more than 60% over the past year, and CEO David Solomon said dealmaking levels may soon rival — or exceed — the heyday of 2021. Goldman's rebound follows strategic shifts dating to a 2020

Business

Amazon sells cleaning essentials under $10, including Scrub Daddy and The Pink Stuff

People reports Amazon is offering a range of cleaning essentials priced under $10, including Scrub Daddy sponges, Stardrops The Pink Stuff cleaning paste and Dawn Powerwash spray. Prices start at $3; examples listed include Windex Glass and Window Cleaner, $3 (orig. $4); Scrub Daddy Sponge, $7; Dawn Powerwash Spray Dish