Amazon cuts 16,000 jobs across company in latest round of layoffs

Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.

Pinterest to layoff 15% of workforce as it pivots to AI

Pinterest plans to lay off under 15% of its workforce as the image-sharing platform pivots more of its money to artificial intelligence.

UPS looks to cut up to 30,000 jobs this year

UPS plans to cut up to 30,000 jobs this year in a continued effort to reduce the number of Amazon shipments it handles.

Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market

Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.

Nike plans to cut hundreds of jobs amid automation push

Nike is planning to cut nearly 800 jobs amid an automation push at the footwear and apparel giant's distribution centers.

Amazon to cut thousands of jobs in sweeping corporate layoffs

Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as next week.

Popular alcohol brands could be forced to sell off inventory after bankruptcy setback

Alcohol giants Stoli Group USA LLC and Kentucky Owl LLC are liquidating their inventory in the U.S. after struggling to reorganize their businesses under Chapter 11 bankruptcy protection. 

New IRS tax deductions: Why your paycheck could be higher

Are you seeing a different amount than you were expecting in your first paycheck of 2026? Here’s a look at the new IRS tax deductions.

Ads coming to ChatGPT for some US users

OpenAI said Friday that it would start rolling out ads in ChatGPT to some U.S. users.

Stimulus payment January 2026, IRS direct deposit relief payment & tariff dividend fact check

Rumors about new stimulus checks, IRS direct deposits, relief payments and tariff dividends swirled throughout 2025, and they’re continuing to circulate as we head into 2026. But is there any truth to them? 

Customers impacted by Verizon outage to get $20 credit: How to redeem

Verizon says it’s giving $20 credits to customers who were impacted by a widespread service outage, but you have to accept the credit for it to be applied.

Cinemark's $5 bring-your-own bucket popcorn deal returns for National Popcorn Day 2026

Cinemark and Lowe’s team up for a $5 popcorn bucket deal this Jan. 18-19. Bring any container—including a 5-gallon Lowe’s bucket—to celebrate National Popcorn Day 2026.

Macy's to close 14 stores as part of turnaround strategy: See the list

Macy’s is continuing its turnaround effort by announcing plans to close about 14 additional underperforming stores in early 2026.

President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers

The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get credit cards.

Meta cuts over 1,000 jobs in major metaverse retreat

Meta is cutting over 1,000 jobs, shifting its investment from Metaverse to wearable technology.