Business

Hasbro has announced it will be laying off nearly 20% of its workforce, a sign of the current sluggish state of toy sales.

Monopoly maker Hasbro announces 1,100 job cuts, nearly 20% of workforce

Iran-backed Houthi rebels in Yemen are claiming responsibility for an attack on a Norwegian commercial tanker in the Red Sea.

US responds to mayday call after Iran-backed Houthi rebels attack ship in Red Sea: The Morning Rundown, Dec. 12, 2023

Ukraine President Volodymyr Zelenskyy will visit Washington D.C. on Tuesday, where he will meet with President Biden and leaders of Congress.

Ukraine President Zelenskyy to meet with Biden in D.C. as funding efforts flounder: The Morning Rundown, Dec. 11, 2023

Elon Musk wants Disney CEO Bob Iger fired immediately after posts on X revealed that Disney is still advertising on Facebook and Instagram.

Musk takes on Disney for Facebook ads as New Mexico says Meta exploits kids

Starting in 2024, a new California law will require large retail stores to have gender-neutral toy sections next to boys and girls sections.

California law requires gender-neutral toy, baby sections in retail stores

Decades of disastrous economic policies in Argentina led voters to Javier Milei, who is promising to blow it up.

Why is Argentina’s economy so bad? Does Javier Milei have the answers?

Trump has asked the Supreme Court to reject a request by federal prosecutors to immediately review his claim of immunity from prosecution.

How conservative radio host’s Supreme Court case threatens to upend the courts

Senate briefing on Ukraine aid becomes heated as Republicans demand border policy change: The Morning Rundown, Dec. 6, 2023

Top economists have tamped down their predictions of a recession in the U.S after predicting one this time last year.

Top economists say no recession likely in 2024 after predicting one for 2023

Despite Spotify reporting its first quarterly profit since 2021, the company announced it is cutting about 1,500 jobs.

Spotify’s latest round of layoffs to cut 1,500 jobs in battle to become profitable

Days after the temporary truce between Israel and Hamas ended, Israel said that it was expanding its ground operations to all of Gaza.

Israel expanding strikes in Gaza following end of temporary truce: The Morning Rundown, Dec. 4, 2023

After a weeklong pause in fighting, the cease-fire between Israel and Hamas came to an end as Israel said it resumed strikes in Gaza.

Airstrikes resume in Gaza as cease-fire ends: The Morning Rundown, Dec. 1, 2023

Video games and luxury goods bring in huge revenues each year. Here's what happens when they combine their powers in gaming-luxury collaborations.

Power-ups & prestige: 5 epic video game x luxury brand collabs

The final weeks of ChatGPT's first year were mired in drama. Now a co-founder's future with the company is in doubt.

It’s ChatGPT’s birthday. Here’s how it changed the AI game in 1 short year.

Elon Musk's week is marked by a nullified $56 billion compensation package, recalls, Neuralink's first human trial and environmental scrutiny.

X owner Elon Musk accuses advertisers of blackmailing him

Henry Kissinger, the secretary of state and national security adviser under Presidents Richard Nixon and Geral Ford, died Wednesday at the age of 100.

Henry Kissinger dies at 100: The Morning Rundown, Nov. 30, 2023

Billionaire Mark Cuban is reportedly selling a stake in the Dallas Mavericks to Miriam Adelson, casino mogul Sheldon Adelson’s widow.

The hidden hopes behind Mark Cuban’s $3.5B Mavericks sale to casino mogul

Amazon's chatbot is designed to help companies with a variety of tasks, such as summarizing documents, generating blog posts and drafting emails.

Amazon’s AI chatbot Q aims to help businesses with daily tasks

Charlie Munger, the Vice Chair of Berkshire Hathaway and Warren Buffett's right-hand man for nearly six decades, died Tuesday.

Berkshire Hathaway Vice Chair Charlie Munger dies at 99

This morning marks the beginning of a four-day ceasefire between Israeli and Hamas forces in Gaza following weeks of hostage negotiations.

Four-day ceasefire in Gaza sets table for hostage release: The Morning Rundown, Nov. 24, 2023

Each year, U.S. Marshals seize millions in luxury goods from criminals and auction it off to the highest bidder. Here are the most interesting scores.

Luxury loot: The 5 most intriguing items seized and sold by US Marshals

Altman's reinstatement comes with a new initial board, which is reportedly tasked with constructing a larger one.

Altman back as OpenAI CEO: Here’s the rollercoaster of events since Friday

Unions this year have been busy as they have successfully negotiated wage increases of 10% or more for 900,000 workers across the U.S.

Media Miss: Unions won at least 10% wage increases for 900K workers in 2023

Sam Altman will return as CEO of OpenAI, the same company whose board fired him just five days ago, the company announced.

Sam Altman returning as OpenAI CEO amid board shakeup