The Latest

Instacart slows hiring across the company during brutal tech downturn

The news comes two months after Instacart slashed its valuation from $39 billion to $24 billion and said it had confidentially filed for an initial public offering.

Jet fuel prices double ahead of busy summer travel season

The price of jet fuel is twice as much as it was last year, according to federal data – an ominous sign for cash-strapped summer revelers ahead of what is...

MSNBC ratings fall during Rachel Maddow's once-a-week schedule

MSNBC’s key 9 p.m. ET primetime weeknight slot has been mired in a ratings slump since “The Rachel Maddow” show shifted to a once-per-week format, according to Nielsen data.

Dow soars 500 points as stock market recovers from slump

Wall Street continued its recovery from a seven-week losing streak on Thursday amid signs that the worst of sky-high inflation may be over.

Twitter investors sue Elon Musk for alleged 'market manipulation'

Billionaire Elon Musk was sued by Twitter investors for delayed disclosure of his stake in the social media company in a complaint filed on Wednesday in California federal court.

Chipmaker Broadcom to buy VMware for $61B, one of year's biggest deals

The proposed deal comes just weeks after billionaire and Tesla CEO Elon Musk offered to spend $44 billion on Twitter.

Twitter rescinds job offer to new hire: 'Whole world just got destroyed'

A recently hired Twitter employee’s job offer was reportedly rescinded last week as the social-media giant frantically slashes costs during buyout talks with Elon Musk. The scorned job seeker, identified...

Jack Dorsey's 'backstabbing' led to Musk takeover: Twitter co-founder

Ex-Twitter CEO Jack Dorsey served up the company on a platter to Elon Musk by "backstabbing" the social media's board of directors, a co-founder said.

Back-to-office shopping sprees fueling huge growth at Macy's

The largest department store in the US is selling lots of blazers, dresses, accessories and make-up as consumers update their wardrobes for their return to office life.

Sexy bank: Justin Timberlake sells song catalog for $100M

The "SexyBack" and "Cry Me a River" singer turns over full ownership and control in some 200 songs he wrote or co-wrote spanning his career.