Browsing: business news in the us

Amazon responsible for product recalls, says US US regulators have determined that Amazon is responsible for handling recalls of unsafe…

Jeff Bezos to sell another $5bn of Amazon shares Amazon founder Jeff Bezos plans to sell another 25 million shares…

Korean web comic giant set for $2.7bn market debut Webtoon Entertainment, the world’s largest webcomic platform, has pegged its market…

The city of San Francisco is facing a surge in tax disputes with companies following the approval of several new…

After 20 years of providing discount shoppers with a treasure trove of bargains, Bargains in a Box is closing its…

Camino Brewing Company, a beloved craft brewery in San Jose, has announced its closure after six years of operation. The…

Shares in Donald Trump’s media firm have soared on their stock market debut in New York, leaving his majority holding worth almost $6bn (£4.8bn) on paper at one stage.

A former Boeing employee, known for raising his concerns regarding the company’s production standards, has been found dead in the US.

Jeff Bezos, the multi-billionaire and founder of Amazon, has continued to divest his shares in the company, bringing the total value of recent sales to over $4 billion (£3.2 billion). The tech giant, established by Bezos in 1994, confirmed that he has sold 24 million Amazon shares this month alone. Serving as the firm’s executive chair, Bezos had last offloaded Amazon shares in 2021.

The loss of nearly 2,000 jobs has been great for Microsoft’s share price, as details begin to come through about which teams are affected.

(Picture: Apple)

Apple has unveiled its Apple Watch Series 9 at its Wonderlust event, where the iPhone 15 series will also be launched.

The new device is powered by Apple Silicon, and boasts ‘all-day battery life’.

You can watch the launch as it happens below.

Top US senator calls for probe into Prime energy drink US Senator Chuck Schumer has called on regulators to investigate…

US moves to block Microsoft’s Activision takeover Regulators in the US have requested a judge blocks Microsoft from completing its…

George Soros gives empire to son Alex American billionaire philanthropist George Soros has announced that he has handed over the…

Top Twitter engineering boss quits just one day after chaotic DeSantis launch glitch An engineering boss at Twitter has announced…

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit Billionaire Elon Musk has been subpoenaed by the US Virgin Islands in…

Elon Musk announces new CEO for Twitter | Tesla shares rise Billionaire Elon Musk has revealed that he has found…

‘She will be starting in ~6 weeks!’ tweeted Twitter CEO Elon Musk.

Big Tech bosses told to protect public from AI risks Tech bosses, including Sundar Pichai of Google, Satya Nadella of…

NBCUniversal boss Jeff Shell ousted after ‘inappropriate relationship’ at work Jeff Shell, the CEO of NBCUniversal, has resigned from the…

Collapsed US Silicon Valley Bank bought by rival First Citizens BancShares has purchased the assets and loans of the collapsed…

Central banks to boost flow of US dollars amid market troubles Following a turbulent period in the US banking sector…

Global bank stocks slump after Silicon Valley Bank collapse, despite Biden reassurances Despite assurances from the US president that the…

Financial stocks take a hit as Silicon Valley Bank shares plummet Shares in Silicon Valley Bank (SVB) dropped sharply on…

Adidas unsure what to do with €1.2bn Yeezy goods Adidas is currently weighing its options for the €1.2bn (£1bn) worth…