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Rupert Murdoch just slashed the price of his Manhattan penthouse by half. See inside the $28.5 million apartment he can't seem to sell.
The former chair of the Fox Corporation and News Corp., who married his fifth wife, Elena Zhukova, …
Maria Noyen
This company wants to slash corporate bureaucracy and let employees manage themselves. Could it work?
The CEO of Bayer, a pharmaceutical giant, hopes to transform the workplace by getting rid of bosses…
Lloyd Lee,Tim Paradis
Jack Dorsey defends Musk's Twitter leadership, saying the billionaire slashed the 'critical sin' of its business model
Advertising let corporations control Twitter's moderation, Dorsey said, blaming the old revenue mod…
Matthew Loh
Target slashed this year's Pride collection after last year's backlash, leaving some LGBTQ+ insiders feeling alienated
Three designers featured prominently in prior years' Target Pride collections say the brand isn't d…
Dominick Reuter
Wall Street is worried about Tesla's Q1 deliveries as analysts slash estimates
Wedbush Securities analysts have called it "a nightmare quarter for Tesla" ahead of Tuesday's deliv…
Beatrice Nolan
Homegrown healthtech unicorn Pristyn Care slashes around 120 jobs
Healthcare unicorn Pristyn Care has slashed around 120 jobs in a restructuring exercise, impacting …
IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption
The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.
Yuheng Zhan
Rivian is slashing 10% of staff. Read the email it sent to its workers.
Electric vehicle maker Rivian announced its 2023 fourth quarter earnings Wednesday, revealing a pro…
Grace Eliza Goodwin
Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted
Homebuyers may finally have the upper hand in cities where prices are falling. In Austin, an agent …
Alcynna Lloyd
Elon Musk isn't even close to being done with his 'absolutely hard core' slashing of Tesla's headcount
"We need to be absolutely hard core about headcount and cost reduction," Musk told Tesla executives…
Kwan Wei Kevin Tan
Warren Buffett's company just slashed its Apple stake and grew its cash pile to a record $189 billion
Warren Buffett's Berkshire Hathaway sold a net $17 billion of stocks last quarter, fueling a $21 bi…
Theron Mohamed
BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more
"We see it hard for the company to generate additional sales with its current product portfolio or …
Matthew Fox
COVID-19 vaccine can slash risk of post-infection heart failure by half, study finds
Research has shown that COVID-19 infections have the capability to cause unusual blood clots in mul…
IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs
Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…
Advertisers slashed spending on X by more than 55% ahead of this year's Super Bowl
Top advertisers including NFL Enterprises, McDonald's, and YouTube, spent $48.4 million on X ads in…
Katherine Tangalakis-Lippert
Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says
Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in "duplication of r…
Kwan Wei Kevin Tan
Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs
Citigroup's CEO Jane Fraser is still paid less than other major bank CEOs on Wall Street.
Hannah Getahun
MG Comet price slashed – India’s most affordable electric car gets cheaper
MG Motor has announced a huge price cut for its compact electric car, the MG Comet EV in India. The…
Elon Musk once said Tesla's FSD would only get more expensive. The automaker just slashed the price to $99 a month.
Tesla brought down the price of its FSD software, now called Supervised FSD, to $99. Elon Musk once…
Lloyd Lee
Climate change is slashing half a year from our lives, research shows
A global temperature increase of just 1°C is linked to a drop of around 0.44 years in life expectan…