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Business

Follow business news and headlines on the world's most important companies from the Observer.

Apple CEO Tim Cook
35 seconds ago

Can Apple Avoid Layoffs? Analysts Look For Answers in This Week’s Earnings Report

Apple didn't over-hire during the pandemic like many of its big tech peers did. That doesn't necessarily mean it's immune to headcount adjustment given the current market environment.
By Sissi Cao
In this photo illustration, a Reddit logo is displayed on a smartphone.
1 hour ago

Reddit’s Delayed IPO May Mean It’s Time to Rethink Its Advertising Model

When Reddit goes public, it must show investors it can continue to make money. In this advertising economy, that's easier said than done.
By Rachyl Jones
PayPal lays-off 2,000
3 hours ago

PayPal Lays Off 2,000, Citing Challenging Economic Conditions

PayPal will lay-off about 2,000, or 7% of its global team, according to CEO Dan Schulman.
By Olivia Baker
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami,
3 hours ago

Bed Bath & Beyond, an Original Meme Stock, Faces Bankruptcy

By Ellen Chang
Gauatam Adani sitting at a desk, wearing white shirt
4 hours ago

Gautam Adani Loses His Title as Asia’s Richest Person After Hindenburg Report

By Alexandra Tremayne-Pengelly
Terry Bollea, aka Hulk Hogan, sits in court.
4 hours ago

BDG Media Shutters Re-Launched Gawker and Lays off Staff

By Rachyl Jones
Intel CEO Pat Gelsinger
5 hours ago

Intel CEO Pat Gelsinger is Taking a 25% Salary Cut as the Chipmaker Slashes Costs

By Sissi Cao
The 2022 Ford Mustang Mach-E GT
11 hours ago

Tesla Isn’t Alone in Cutting EV Price as Economic Conditions Now Favor Car Buyers

By Sissi Cao
Salesforce
1 day ago

Billionaire Paul Singer is the Latest Activist Investor to Take a Stake in Salesforce

By Ellen Chang
Madeline McIntosh smiles at the camera wearing a pink scarf.
1 day ago

Penguin Random House U.S. CEO Madeline McIntosh Is the Latest Company Executive to Quit

By Rachyl Jones
Someone holding a light blue Birkin bag on the street
1 day ago

Hermes Is Going to Court Over ‘MetaBirkin’ NFTs in a Landmark Trademark Case

By Alexandra Tremayne-Pengelly
Mary Barra
1 day ago

CEO Mary Barra Confirms GM’s Electric Vehicle Ambition After Record 2022 Earnings

By Sissi Cao
Spotify logo displayed on mobile with Spotify seen on screen
1 day ago

Spotify Shares Jump After It Reports Adding Record Monthly Active Users

By Rachyl Jones
A detail of TV remote control with streaming platform buttons
1 day ago

Streaming Is the New Frontier for Cultural Protectionism

By Rachyl Jones
Hindenburg disaster
2 days ago

The Adani Group Is Just the Latest Target for Nathan Anderson’s Hindenburg Research

By Sissi Cao
Shou Zi Chew and Vivian Kao smile for a photo at the Met Gala.
2 days ago

TikTok CEO Shou Zi Chew Will Testify in Front of Congress in March

By Rachyl Jones
Gautam Adani
2 days ago

Asia’s Richest Man Gautam Adani Lost $28 Billion Last Week After Hindenburg Report

By Sissi Cao
2 days ago

After Layoffs, Twitter Sales Reps Are Ghosting Advertisers

By Alex Kantrowitz
Museum curator looks at mummy encased in glass box at museum
2 days ago

Museums Rebrand ‘Mummy’ as ‘Mummified Persons’ to Humanize Egyptian Remains

By Alexandra Tremayne-Pengelly
A Netflix sign appears above a monitor advertising Stranger Things Season 4.
2 days ago

‘Stranger Things’ Was 2022’s Most Streamed Show as Netflix Titles Dominated Rankings

By Rachyl Jones
2 days ago

Despite the Digital Wallet Revolution, Credit Cards Aren’t Going Anywhere

By James Ledbetter
Adrienne Lahens
4 days ago

The TikTok Executive Who Connects Creators to Companies

By Rachyl Jones
People walk in Times Square in front of billboard depicting Bored Ape Yacht Club NFT.
4 days ago

Bored Apes Were at the Center of the NFT Boom. Now They’re Mired in Lawsuits and Plunging in Value

By Alexandra Tremayne-Pengelly
Chart of tech stocks
5 days ago

Layoffs Are Sending Big Tech Stocks Soaring

By Sissi Cao
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