business

The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.

The $25-billion deal is likely to draw intense scrutiny from federal regulators and critics as it would form a new supermarket colossus at a time of soaring food costs.

Goodwillfinds launched Tuesday with roughly 100,000 items available online. The venture will help fund its community-based programs across the U.S. and increase donations and its customer base.

Former eBay Inc. executives were sentenced Thursday to prison for a scheme to terrorize the creators of an online newsletter that included sending live spiders, cockroaches, a funeral wreath.

Patagonia founder Yvon Chouinard says he will give his company over to a trust, with future profits being donated to causes fighting climate change.

The airline said it invested $15 million in a startup manufacturer, and signed a “conditional” agreement to buy 200 of the tiny aircraft with options for 200 more.

The electronic cigarette maker has agreed to settle a two-year investigation by 33 states and Puerto Rico into the marketing of its vaping products, which have been blamed for a surge in teen vaping.

Twitter says it is testing out the feature internally before rolling it out to Twitter Blue subscribers. It will allow users to edit tweets several times within 30 minutes of posting them.

"I once asked, 'If you're innocent, why are you taking the Fifth Amendment?' Now I know the answer to that question," Trump said in a statement. He called the case a politically motivated witch hunt.

The retail giant’s “InHome” delivery service began this week in parts of Florida, including across Palm Beach, Broward and Miami-Dade counties.

A federal appeals court Thursday rejected arguments by Florida restaurants and a furniture retailer that insurance policies should have covered losses stemming from shutdowns early in the COVID-19 pandemic.