PagerDuty CEO apologizes for quoting Martin Luther King Jr. in layoff email to staff

CEO Jennifer Tejada said using the quote from the late civil rights leader in an email announcing that PagerDuty was letting go of 7% of its workforce was “inappropriate and insensitive.”

Ford cuts price on Mustang Mach-E after Tesla trims prices

Ford is lowering the price of its electric SUV up to $6,000. The company says in a statement Monday that the price cuts are part of Ford’s plan to keep the SUV competitive in a fast-changing market.

Americans fear recession, but most believe their jobs are safe: Survey

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Vegas Strip resorts used vendor to fix hotel rates: Lawsuit

The average daily room rate for hotels on the Las Vegas Strip hit a high last year, topping $200 a night.

Amazon Prime ends free grocery delivery on orders under $150

Currently, the company offers members free grocery deliveries on orders above $35, with the exception of New York, where it’s $50.

Hasbro laying off 1,000 employees amid cost-savings push

The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.

Bed Bath & Beyond can't pay creditors, bankruptcy looms

Bed Bath & Beyond said it can't pay debt that suddenly came due when credit administrator JPMorgan slapped the company with a notice of default and acceleration of payment. 

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.

FTC warns of job scams amid recent layoffs in tech and other industries

Scammers may publish listings for nonexistent roles, create sham websites, or hold fake "online job interviews" for job hunters, according to the FTC.

Microsoft outage hits Teams, Outlook and other services, company says

Thousands of users reported problems with Teams, Outlook, the Azure cloud computing service, and Xbox Live online gaming service early Wednesday.

3M cutting thousands of jobs, profits tumble

3M, the maker of Scotch Tape and Post It Notes, said it will cut 2,500 jobs globally after fourth-quarter profits plummeted amid a slowing economy.

Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

Microsoft invests billions in artificial intelligence startup OpenAI

The tech giant described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that began with a $1 billion investment in 2019.