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Meta Details Layoffs and Shift Toward AI Workflows

The Facebook parent company will downsize its workforce by 10% on Wednesday, with further workforce reductions planned later. Chief People Officer Janelle Gale announced plans to move 7,000 employees into new, specialized
19/05/2026

Germany Launches Historic Sale of Bailed-Out Uniper

Pre-market shares ticked upward after the top U.S. home improvement retailer beat first-quarter Wall Street expectations. Steady consumer demand drove higher average spending per trip, counteracting broader inflationary pressures in the housing
19/05/2026

Why Amazon Dominates Western Retail

Pioneering vision gave the corporation a massive head start. Shareholders sacrificed short-term dividends, allowing aggressive reinvestment into continuous growth. Subsidies from its lucrative cloud business, AWS, fund the retail side. This structure
18/05/2026
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