Business

Microsoft said it’s letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.

The Apple leader has received a $3 million base salary for the past three years, but his total compensation jumped from $14.8 million in 2020 to $98.7 million in 2021 and $99.4 million in 2022.

Two subsidiaries of the Trump Organization, former President Donald Trump’s business, were hit with fines of $1.6 million at sentencing.

Until Wednesday, few travelers had heard of a Notice to Air Missions, or NOTAM. Nor did they know that the system used to generate those notices could cause widespread travel misery.

Universal Parks & Resorts says they’re bringing a family-focused theme park and resort hotel to North Texas and a year-round horror experience to Las Vegas.

Bed Bath & Beyond is cutting jobs and seeking new outside advice as it faces the risk of bankruptcy.

A 2018 class action lawsuit alleged that Keurig engaged in “unlawful, unfair, and deceptive business practices” when they advertised and labeled their K-Cups as recyclable.

Salesforce is laying off about 10% of its workforce, more than 7,350 employees, in the latest round of job cuts in the tech industry as corporations cut back on software and other spending.

At the center of the dispute is Microsoft’s rivalry with PlayStation-maker Sony to secure popular Activision Blizzard franchises like the military shooter game Call of Duty.

Third-party sellers on Amazon regularly advertise red-soled shoes, and Louboutin brought cases against Amazon in Belgium and Luxembourg arguing that he did not give his consent for these products to be put on the market

A federal prosecutor says two associates of Sam Bankman-Fried have pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange FTX.

The resolution lifts one overhang for the bank, which has been led by CEO Charlie Scharf since October 2019.

The Fed’s seventh rate hike this year will make it even costlier for consumers and businesses to borrow for homes, autos and other purchases.