When the Trump administration announced a return-to-office mandate this week, it stated Americans “deserve the highest-quality service from people who love our country.” Federal employees like Frank Paulsen say that…
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Business
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Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday. The layoffs will affect…
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Business
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
by adminAmerican Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth…
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Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two build-on films just one year apart. Part…
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Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent…
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A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech sparred over their rival artificial intelligence initiatives. …
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Business
OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations
by adminOpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations, filling out forms, making restaurant reservations and ordering groceries. The tool,…
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Business
Retail crime ‘queenpin’ to pay millions in restitution to retailers for theft ring
by adminThe California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to…
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Business
With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake
by adminThe creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday. At 9:44 p.m. ET, the then-president-elect announced the creation of…
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JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a…