Business

What’s new: The news industry is facing an onslaught of grim headlines as it struggles to adapt to the digital age. Layoffs, closures, and reader fatigue have hit news organizations even as the U.S. heads into a consequential election year. Why it matters: The pain is especially…

Hollywood shut out of China’s top films: For the first time since 2020, no American movies ranked among China’s 10 highest grossing films last year. Major sequels like “Aquaman 2” dramatically underperformed despite big marketing pushes. The fading blockbuster formula: Hollywood studios once relied heavily…

Salesforce is showing Cousin Eddie some love, laying off about 700 employees (1% of their workforce) in a move echoing across the tech industry. This follows last year’s 10% workforce reduction under investor pressure. But wait, there’s more! Salesforce still has a cool 1,000 open…

Delta Air Lines topped the list for the fourth year in a row, followed by Southwest Airlines and Alaska Airlines. Spirit Airlines ranked last, behind Frontier Airlines and American Airlines.

Microsoft announced it is cutting 1,900 roles within its gaming division, marking the latest round of job layoffs in the tech industry.

The craft beer industry, which once enjoyed double-digit growth and endless variety, is slowing down and consolidating, as consumers seek fewer choices and more quality.

California lost more than 500,000 residents in the last three years, but it also gained more college graduates and high-income earners than any other state, according to census data and a new report by the Public Policy Institute of California.

Why it matters: Disneyland is the largest employer and taxpayer in Anaheim, and its resort is a major driver of tourism and economic activity in the region. The City Streets project would create thousands of jobs, generate millions of dollars in tax revenue, and enhance the…