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Walt Disney Co. is planning to shed 32,000 employees by the end of March as the coronavirus pandemic continues to hammer its parks and resorts business.

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Slack shares shot up as much as 28% Wednesday, despite being halted twice for volatility, following a report that Salesforce has been in talks to acquire the workplace messaging app. Salesforce shares were down more than 4% on the news.

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The parents of Seth Rich, a Democratic National Committee staffer whose unsolved murder became the basis for right-wing conspiracy theories, settled their lawsuit with Fox News on Tuesday.

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About an hour after the news that BuzzFeed is acquiring HuffPost first broke, BuzzFeed chief Jonah Peretti held an all-hands for HuffPost staffers over Google Meet. Peretti appeared enthusiastic and optimistic, according to two HuffPost staffers who were on the call, and those feelings were …

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Shares of major cannabis stocks are soaring once again following the news that Joe Biden's transition has formally begun. The uptick is fueled by expectations that the incoming administration will loosen regulations, as well as more US states legalizing sales of recreational marijuana.

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Best Buy is capitalizing on shoppers snapping up laptops, home theater systems, kitchen appliances and other electronics as consumers continue to spend more time at home in the pandemic.

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Dick's Sporting Goods CEO Ed Stack is stepping down after 36 years, a tenure in which he transformed his family's small business into a national presence, took the company public and enacted a strong stance on the US gun debate.

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President-elect Joe Biden has made the historic decision to tap Janet Yellen, former chair of the Federal Reserve, as his Treasury Secretary. She doesn't have an easy job ahead of her.

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President-elect Joe Biden will choose Janet Yellen, former chair of the Federal Reserve, as his secretary of the Treasury, according to two sources with knowledge of the pick.

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I was laying flat on my back getting a gentle massage as I looked up at the clouds and the occasional seagull passing by overhead. For a moment, I could imagine I was at spa by the beach. But in reality, I was inside a Ford F-150 pickup truck in a parking lot in the Bronx.

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For years, social media platforms have blatantly copied some of Snapchat's most creative features. Instagram and parent company Facebook ripped off Stories -- posts that disappear after 24 hours -- which Snapchat created in 2013. Others followed suit with their own versions, including YouTub…

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More consumers indicate they’re trying to eat more plant-based foods; that’s pushing alternative proteins into a mainstream phenomenon, according to “OutsideVoice,” a consumer-insights platform developed by Archer Daniels Midland. And makers of alternative-meat products are working to increase production and efficiency with technologies such as protein fermentation.

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Guitar Center is filing for Chapter 11 bankruptcy, the latest company to go bankrupt during the pandemic that has decimated America's retail sector.

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The pandemic has transformed the holiday shopping season. Another major difference this year: People planning to shop on Thanksgiving will have fewer options than they have had in the past.

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Retailers forced to close down stores to customers early in the pandemic are now pushing officials to allow them to stay open on Black Friday and into the holiday shopping season, even as coronavirus cases surge across the country.

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Thanksgiving will look a lot different this year, with many cutting down the size of the festivities they have planned. Grocery stores are anticipating that some may do more than just host smaller gatherings — they may do away with the turkey altogether.

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