Definitive coverage of corporate strategy, earnings, dealmaking and the executives steering global industry.
Walmart eliminated roughly 1,500 corporate jobs in May 2025 across Global Tech, e-commerce fulfillment, and Walmart Connect, a restructuring that set the template for more than 1,000 additional cuts and relocations a year later.
$8.3 billion in opening-day U.S. online spending made June 23 the biggest e-commerce day of 2026, yet average order size fell 16% to $45.94 as inflation-squeezed shoppers chased discounts instead of splurging.
Boeing's new North Line in Everett, Washington starts building 737 Max jets on July 6, 2026, marking the first time the planemaker has assembled its best selling single aisle jet outside the Renton plant.
Delta and American Airlines are absorbing billions in extra jet fuel costs after the February 2026 war on Iran, cutting routes and raising bag fees to $45 while fares stay elevated even as fuel prices ease.
9,000 roles will disappear from British American Tobacco by 2028 as the Lucky Strike and Vuse maker leans on AI and outsourcing partners like Accenture to bank $793 million in savings, sparing its largest market, the US.
Volkswagen management will ask its supervisory board on July 9, 2026 to approve up to 100,000 job cuts and four German plant closures, the largest restructuring in the automaker's 89-year history as China sales collapse.
5,000 Microsoft jobs are set to be cut the week of July 6, 2026, hitting sales, consulting and Xbox as new gaming chief Asha Sharma weighs closing or selling five studios, including Arkane and Double Fine.
59 driverless Model Ys make up Tesla's entire robotaxi fleet across three Texas cities, a fraction of Musk's promised thousand car rollout as Waymo's Texas registrations alone outnumber Tesla's nationwide count nearly eight to one.
Micron shed roughly $138 billion in a single session as the Philadelphia Semiconductor Index tumbled about 12% over two days, dragging Intel, AMD, Samsung and SK Hynix into the steepest chip rout since June 2026.
Reporting from adjacent desks, selected to broaden the view beyond the Business section.
Qualcomm will acquire AI software startup Modular in a nearly $4 billion all-stock deal, pairing a hardware-agnostic software layer with a new Dragonfly data center strategy aimed squarely at Nvidia's CUDA moat.
London hosts Samsung's redesigned two model Z Fold 8 lineup, the Z Flip 8, Galaxy Watch 9, and first Galaxy Glasses on July 22, roughly two months before Apple's expected foldable iPhone reveal.
$20,000 is the new annual ceiling on federal Parent PLUS borrowing as of July 1, 2026, replacing decades of uncapped loans and leaving families to bridge the gap on college bills that now average more than $38,000 a year.
