BURBANK, CA – The Walt Disney Company has initiated a new round of layoffs, impacting several hundred employees globally across its film, television, and corporate finance divisions. This move is part of the entertainment giant’s ongoing efforts to streamline operations and achieve significant cost efficiencies.
NATIONWIDE – Hims & Hers Health, Inc. has been a prominent name in financial news throughout 2025, with its stock price experiencing a significant surge, climbing over 130% year-to-date. This remarkable performance is largely attributed to the company’s aggressive expansion in the personalized healthcare market, particularly its strategic moves within the rapidly growing weight loss sector and […]
NATIONWIDE – A federal court has delivered a significant blow to President Donald Trump’s trade policies, ruling that many of his broad tariffs exceeded presidential authority. The decision, which immediately halted the implementation of a new round of duties, prompted a notable positive reaction across global financial markets.
NATIONWIDE – The quest for employment has become a frustrating ordeal for many job seekers across the U.S., with anecdotal evidence and recent reports suggesting a market far tougher than official unemployment rates indicate. Despite seemingly positive macroeconomic figures, a pervasive sense of difficulty in landing jobs is emerging, particularly for recent graduates and even experienced […]
NATIONWIDE – CVS is set to close approximately 270 more retail locations in 2025, continuing a multi-year “enterprise-wide restructuring plan” aimed at optimizing its store footprint and adapting to evolving consumer needs. The closures follow the shutdown of around 900 stores between 2022 and 2024, signaling a significant shift in the pharmacy giant’s retail strategy.
WASHINGTON, DC – Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and X, has announced his departure from his role as a top adviser to President Donald Trump, where he spearheaded the Department of Government Efficiency (DOGE). His exit, revealed in a post on X on Wednesday evening, marks the end of a contentious period in Washington that […]
WASHINGTON DC – Jeanine Pirro, a former prosecutor and television personality, was sworn in Wednesday as the interim U.S. Attorney for the District of Columbia. The appointment follows the withdrawal of President Donald Trump’s previous nominee for the role, Ed Martin, and places Pirro at the helm of one of the nation’s most prominent federal prosecutor’s […]
NATIONWIDE – All U.S. Costco warehouse locations will be closed on Monday, May 26, in observance of Memorial Day. This closure is a consistent policy for the wholesale retailer, distinguishing it from many other major chains that remain open for holiday shopping.
PITTSBURGH, PA – DICK’S Sporting Goods (NYSE: DKS) today announced a definitive agreement to acquire Foot Locker, Inc. (NYSE: FL) in a deal valued at approximately $2.4 billion. The surprising move sees the leading sporting goods retailer significantly expanding its footprint, particularly within the crucial sneaker and athletic lifestyle market. Mega-Merger: DICK’S Sporting Goods is set to […]
