Michigan-based Kellogg moving HQ to Chicago; will split into 3 companies
Kellogg, the maker of Frosted Flakes, Froot Loops and Eggo, will split into 3 companies; corporate HQ moves to Chicago.
American Airlines ending service in three cities due to pilot shortage
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.
Starbucks head of North America business leaving company after 17 years
Rossann Williams has been a prominent figure in the company's push against worker unionization.
Revlon, beauty icon in crowded market, files for bankruptcy
Revlon, a cosmetics maker that broke racial barriers and dictated beauty trends for much of the last century, has filed for Chapter 11 bankruptcy protection.
North Texas small business owners concerned about interest rate hike
It’s a scary time for small business owners who have been dealing with record inflation, both as a consumer and with trying to run a company.
Caterpillar to relocate global headquarters from Illinois to Irving, Texas
With Caterpillar's relocation, Texas is now home to 54 Fortune 500 corporate headquarters.
Goodbye, Internet Explorer: Microsoft retires browser after 27 years
Internet Explorer was first introduced in 1995 with the launch of Windows 95 and for some time was the most popular browser to surf the web.
Elon Musk will speak to Twitter employees for first time at company meeting
Elon Musk will answer questions from Twitter employees amid some workers expressing concern about his purchase of the social media company.
Jif recall could cost JM Smucker $125M, company warns
Over a dozen companies have pulled products that contain Jif peanut butter
Target is cutting prices to get rid of excess inventory
Consumer habits are shifting, and Target is trying to "right-size" its inventory.
Elon Musk threatens to walk away from Twitter deal over bot data
Elon Musk is threatening to walk away from his $44-billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts.
Baby formula shortage: Out-of-stock rate continues to worsen, jumping to 73.5%
Abbott Nutrition's Sturgis, Michigan, facility is expected to restart production this week, but that still means products from the plant won't likely return to store shelves until at least mid-July.
Ford to invest $3.7B, add over 6,000 union jobs to build 2 million EVs a year
Ford is committing $3.7 billion as it continues its investment into growing its electric vehicle plans across Michigan, Ohio, and Missouri.
Biden cites strain on families from infant formula shortage
To ease the baby formula shortage, the Biden administration's strategy calls for importing foreign supplies and using the Defense Production Act to speed domestic production.
Netflix explores livestreaming with plans to launch unscripted content, events
While the streaming company is currently in the early stages of development, its efforts are concentrated on unscripted content and live events.
Housekeepers struggle as US hotels ditch daily room cleaning
Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling.
Netflix lays off 150 employees amid subscriber losses
Netflix said the positions represent 2% of the streaming company’s total workforce, which includes nearly 11,000 employees. Most of the employees were U.S.-based.
Elon Musk: Twitter deal 'can't move forward' until company proves spam numbers
The Tesla CEO said his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam.
Elon Musk: Twitter deal 'temporarily on hold' pending details on spam accounts
Elon Musk said his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts. He later added that he's "still committed to acquisition.”
Small businesses struggle to hire and keep employees amid economic uncertainty
Some small businesses are still struggling to hire qualified workers, even as the broader picture in the U.S. job market looks much brighter.