Lyron Foster

Hasbro to cut 1,000 jobs as the pandemic-era toy-buying boom cools now that kids are back in school

While the pandemic led to a sales boom with parents buying toys for kids stuck at home, demand has cooled more recently. Read More

Intel’s horrible quarter revealed an inventory glut and underused factories

“Clearly, the financials aren’t what we would hoped,” Gelsinger told analysts.

Bernstein analyst on Intel earnings: ‘I don’t think I’ve ever seen anything quite like this before’

The analyst commented on the tech company’s results, which came up short of the Street’s expectations

Bed Bath & Beyond warns it can’t pay down debts, defaults on credit line

Bed Bath & Beyond again warned of potential bankruptcy, saying it doesn’t have enough cash to pay down its debts.

Hasbro warns of weak holiday quarter results, cuts 15% of its workforce

Shares of toymaker Hasbro fell more than 6% in extended trading after the company said it would cut around 1,000 jobs and warned of weak fourth-quarter...

FDA advisors recommend replacing original Covid vaccine with bivalent omicron shots for all doses

Currently, Pfizer’s and Moderna’s omicron shots are authorized as a booster, while the first two doses are still the old shots based on the original strain.

Billionaire Barry Sternlicht Thinks He Knows When Recession Will Hit

Intel earnings: Chip giant misses Wall Street expectations, Q1 guidance disappoints

A chemical plant’s polluting poisoned a generation of children in a small town. The settlement that the state just made has residents up in arms

“Toms River is known around the world for two things: winning the Little League World Series in 1998, and cancer deaths from a polluted chemical site,”...

Health effects of cannabis products are too uncertain for regulating the fast-growing market like food or supplements, FDA says

There’s not enough evidence about CBD to confirm that it’s safe for use in foods or as a dietary supplement, the FDA said. Read More