Food supply chain company Cargill is cutting around 8,000 employees, approximately 5% of its global workforce, as part of a restructuring effort. The Minnesota-based company, which has over 160,000 employees worldwide and generates $160 billion in annual revenue, cited the need to “realign our talent and resources” to align with its strategy. The move comes … Read more
PSQ Holdings, Inc., America’s leading commerce and payments ecosystem, has announced the appointment of Donald Trump Jr. and Willie Langston to its board of directors effective December 3, 2024. The appointments come as PSQ Holdings is gaining momentum and scaling in the fintech space. Both Trump Jr. and Langston are committed to building shareholder value … Read more
Early access has begun for those who purchased the premium edition of Indiana Jones and the Great Circle, allowing them to play three days ahead of the official launch date. For standard edition players, early access starts on December 5 at 4 p.m. PT and ends when the official launch date begins. Here are the … Read more
South Korean President Yoon Suk Yeol declared martial law on Tuesday, but reversed his decision just hours later after lawmakers voted to block it. The move outraged many in the country and sparked painful memories of past military rule. Yoon’s declaration came amid tensions between the government and opposition parties over alleged anti-state activities linked … Read more
President-elect Donald Trump has upset local union leaders by opposing a $14.9 billion sale of US Steel to Japan’s Nippon Steel Co., vowing to block the deal when he takes office. Some steelworkers in Pittsburgh’s Mon Valley, who support the deal and Trump, were left frustrated after his sudden change of heart. “It was like … Read more
Apple is expected to introduce a new display size in the iPhone 17 lineup, slotting neatly between the existing Pro and Pro Max models. The iPhone 17 Air will have a 6.6-inch screen, making it a more compact option for users who want the benefits of a Pro model without the bulk. This could be … Read more
Intel CEO Pat Gelsinger is leaving the company with a significant severance package, worth at least $10 million. According to a Securities and Exchange Commission filing, Gelsinger will receive 18 months of his base salary of $1.25 million, plus 275% bonus, totaling approximately $3.4 million over 18 months. He’ll also be eligible for 11/12ths of … Read more
Ubisoft has announced that it will shut down its free-to-play battle royale game XDefiant in June 2025 due to poor player numbers and lack of spending. The decision was made following an internal all-hands meeting, where sources revealed that layoffs would impact a significant number of employees. Season 3 will be the final season of … Read more
The US stock market opened higher on Wednesday morning, with Dow Jones futures rising 0.4%, S&P 500 futures climbing 0.3%, and Nasdaq 100 futures advancing 0.7%. Salesforce.com (CRM) led the strong earnings overnight, while Nvidia (NVDA) signaled a move back above its buy point. The Nasdaq composite rose 0.4% on Tuesday, but the Dow Jones … Read more
Travel Tuesday has become a significant shopping event for travelers seeking deals on flights, cruises, tours, and accommodations. A recent report by McKinsey & Company found that bookings spiked on Travel Tuesday 2023, with airline purchases increasing by over 60% and cruise bookings jumping by 50%. This year’s sales season has seen hundreds of promotions, … Read more