Business

Daniel Greenblatt, Business Correspondent Introduction In a historic step towards gender equality in sports, Major League Baseball (MLB) has announced its investment in the Athletes Unlimited Softball League (AUSL), an…

On June 5, 2025, Procter & Gamble (P&G) announced it will lay off approximately 7,000 non-manufacturing employees, representing about 15% of its white-collar workforce. The move is part of a…

In a groundbreaking development within the tech sector, Meta Platforms has entered into a 20-year agreement with Constellation Energy to procure nuclear power from the Clinton Clean Energy Center in…

On June 3, 2025, Wall Street’s major indexes opened with mixed signals, reflecting investor anxiety over unresolved trade negotiations and a pessimistic outlook for economic growth. While the Dow Jones…

By Jonathan Abel, Senior Correspondent CVS Health announced on June 2, 2025, that it will shutter 271 pharmacy locations across the United States, including five in New York State. The…

Charter Communications and Cox Communications Announce $34.5 Billion Merger In a landmark move in the cable industry, Charter Communications is set to merge with Cox Communications in a deal valued…

Impact of Ending Duty-Free Exemption on Low-Value Imports from China On May 2, 2025, the Trump administration will terminate the duty-free exemption on low-value imports from China and Hong Kong.…

Closure Announced for Joann Craft Stores Amid Major Discounts Joann, the well-known crafts retailer, is undergoing a substantial transition. The company has recently revealed that it will be closing all…

Impact of Tariffs on iPhone Production in the U.S. Location: Los Angeles President Donald Trump has intensified pressure on Apple by proposing a 25% tariff on iPhones manufactured outside the…