Lockheed Martin to pay $29.5M to resolve racial bias claims against white workers

Lockheed Martin will pay tens of millions of dollars to settle allegations that the major defense contractor’s internal bonus program discriminated against white workers. 

CVS announces major breakup, pharmacy expert weighs impact on consumers

CVS Health on Tuesday announced plans to split its sprawling conglomerate into separate health insurance and pharmacy businesses, a move one industry expert welcomed as a potential way to drive down costs for millions of Americans.

Comcast planning major layoffs as part of its restructuring: Report

As part of the restructuring of its cable-TV, broadband and wireless businesses, Comcast Corp. is planning to cut a significant number of jobs, according to reports.  

Disney planning to lay off thousands: Report

The Walt Disney Co. is planning to cut thousands of jobs with a goal of targeting 20% in annual cost savings, according to a report. 

Outback Steakhouse franchisee files for bankruptcy

Outback Steakhouse parent company Bloomin' Brands is moving to acquire 61 restaurants operated by a major franchisee that filed for Chapter 11 bankruptcy protection.

SpaceX looking into buying Boost Mobile or use network: report

SpaceX is in preliminary discussions with EchoStar to either acquire its Boost Mobile brand or secure access to the provider’s wireless network to expand the aerospace company's telecommunications presence.

Discount chain opening new stores across 7 states in October

Discount chain Ollie's Bargain Outlet is expanding its footprint with a wave of new store openings across seven states this month.

eBay to cut about 1,000 jobs in second round of layoffs this year

eBay is cutting approximately 1,000 jobs, or about 9% of its workforce, marking the online marketplace's second round of layoffs this year as it looks to streamline operations and focus on key areas of growth.

Tipping went from ‘un-American’ to unavoidable, economist says; why that could be a good thing

Tipping has grown into such a regular practice when eating out in the United States that many customers take for granted that they will leave one. In fact, an American overseas may have to fight the urge to do so in countries where it is much less common. But that was not always the case. In fact, as a Texas A&M University professor pointed out, the roles used to be reversed. 

Airbnb tells hosts to stop asking guests to do time-consuming checkout chores

Airbnb is changing its guidelines to reduce guests’ checkout chores and require hosts to clearly disclose fees and house rules before booking.

Trader Joe's plans to open 30 new stores nationwide: See the list

Trader Joe’s announced plans open new stores across various states, with some locations opening this week and others coming soon.

Elon Musk pledges to give every American child a share of SpaceX

Elon Musk said Monday he plans to give every child in America one share of SpaceX next year, a sweeping pledge that echoes his recent push for tech companies to distribute equity directly to the public.

Netflix laying off 6% of its workforce: What to know

Netflix is turning a profit, but about 1,000 employees will be losing their jobs. Here's what to know.

Walmart to offer employees hundreds of free medications, including GLP-1s

Walmart is expanding its healthcare perks for its workers to cover more than 250 prescription medications for free. That includes GLP-1 drugs, offering savings.