Hasbro, which has been reeling from a series of economic and corporate shocks, plans to cut 15% of its global workforce this year, or about 1,000 positions. In addition to those reductions, the compa

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — While many blue-chip companies reported lower pr

Bloomberg Law Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The show examines all aspects of the legal profession, from intelle

Signage is seen through an overturned shopping cart outside a Bed Bath & Beyond Inc. store in Greendale, Wisconsin. Bed Bath & Beyond said Thursday it doesn't have enough cash to pay down its debts a

NEW YORK, Jan 26 (Reuters) - Morgan Stanley (MS.N) has imposed financial penalties on employees who used messaging platforms such as WhatsApp for company business, according to two sourc

One of the most consequential years in the nearly three-decade history of Netflix is now underway. After 25 years of leading the video upstart that wrecked the unfettered primacy of Hollywood and movi

Bloomberg Businessweek Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions a

Business Of Sports If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industr

5 takeaways from the massive layoffs hitting Big Tech right now Enlarge this image toggle caption Jeff Chiu/AP Jeff Chiu/AP Explosive growth has been the norm in the tech sector for the past decade.

Quicktake Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover

[1/2] Equinor's logo is seen at the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins Summary Summary Companies Equinor holds stake in giant Agbami offshore field H

New York CNN — Senator Elizabeth Warren, a longtime crypto critic, warned recent turbulence in the digital asset space will only continue unless a host of regulators strengthen protections for invest

Australia's consumer price index reached the highest since 1990 for the quarter of December, 2022. Inflation in Australia rose to a new 32-year high of 7.8% in the final quarter of the fiscal year of

LONDON, Jan 25 (Reuters) - Britain's manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up h

Jan 24 (Reuters) - Amazon.com Inc (AMZN.O) said on Tuesday it is offering a $5 monthly subscription plan for U.S. Prime members that will cover a range of generic drugs and their doorste

New York CNN — California voters will decide next year on a referendum that could overturn a landmark new state law setting worker conditions and minimum wages up to $22 an hour for fast-food employe

A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Sticky contracts, higher wages

By Jonathan Stempel (Reuters) - Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protection in an effort to eliminate most of its debt, a

Jan 24 (Reuters) - Tesla Inc (TSLA.O) said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long

Summary Summary Companies U.S.-based short seller says concerned by Adani debt, financials Adani Group denies allegations, calls them baseless Adani Group has in the past dismissed concerns over hi

It has been expected for some time, but today the Justice Department and eight states are suing Google over its purported domination of the online advertising market. The government has a problem with

America, we have a problem. People aren't feeling engaged with their work Enlarge this image toggle caption Malte Mueller/Getty Images/fStop Malte Mueller/Getty Images/fStop When Tanvi Sinha first g

FTX’s HQ, we now know, was not your typical one. CEO Sam Bankman-Fried ran his business from a $40m Bahamian penthouse named the Orchid, complete with Venetian plaster walls and a grand piano. The lot

Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation

New York CNN — Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported anot

CNN — Walmart, America’s largest private employer, said Tuesday that it will raise its minimum wage from $12 to $14 an hour as it tries to retain store and warehouse workers in a tight labor market f

Quicktake Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover

The Federal Trade Commission on Monday ordered personal finance company Credit Karma to pay $3 million to customers the agency alleges were deceived into applying for products they weren't eligible fo

Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens.

First dispensary operated by someone with previous pot conviction to open in NYC First dispensary operated by someone with previous pot conviction to open in NYC First dispensary operated by someone

Lands' End's baby-boomer shoppers are among the most loyal of any brand, but they are aging. Sales fell when the company tried to attract millennials in 2015 with a move into party dresses and heels.

Imagine this: Instead of paying federal taxes to the IRS, you pay them to your local cafe every time you buy a latte or to your supermarket when you make a grocery run — or to countless other business

Spotify will lay off 6 percent of its workforce globally, the company’s CEO, Daniel Ek, announced in an all-staff memo today. Spotify had just over 9,800 full-time employees as of its last earnings re

Layoffs etiquette: Microsoft and others are showing us what not to do when eliminating jobs There’s no good way to eliminate thousands of jobs. But as the recent layoffs in tech and banking have show

CNN — Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed, fireballs erupted and Alicia Keys’ “Girl on Fire” blared through the spe

Microsoft says it’s extending its long-term partnership with OpenAI through a new “multiyear, multibillion dollar investment.” The investment comes just weeks after Microsoft was rumored to be investi