For weeks, an unpleasant dream haunted Md (short for Mohammed) Atik Ullah Khan. In his sleep, he heard machine guns and saw himself stuck in a fierce fight between a group of pirates and navy commandos. He woke up sweating. “I was running and running… trying to go to a safe place, but I could not,” Khan recalls of the ...
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro Chief Financial Officer Gina Goetter said on the company’s fourth-quarter earnings call that the toymaker’s 2025 guidance — which includes adjusted EBITDA of $1.1 billion to $1.15 billion, compared with ...
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers at the celebrity video-greeting app are reporting into the company’s Chicago headquarters Monday through Thursday. In exchange, the roughly two dozen eligible employees can expect a $10,000 annual raise, free lunch, free parking and access to an onsite ...
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat Walmart’s sales for the period, which came in at $180.5 billion, the company reported on Thursday. Since 2012, Walmart has held the distinction of being the top revenue generator each quarter, a title it gained after overtaking ...
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in the target bonus percentage” for its annual bonus plan for executives. Meta’s named executive officers could earn a bonus of 200% of their base salary under the new plan, up from the 75% they earned previously, according to the ...
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump administration plans to take a friendlier approach to the broader crypto industry. In a release it titled ‘Righting a major wrong,’ the exchange, Coinbase, said SEC staff had agreed in principle to dismiss a suit filed ...
Mexican President Claudia Sheinbaum says she’ll propose reforms to the country’s constitution aiming to reinforce the nation’s sovereignty, after the US designated several Mexican cartels as foreign terrorist organizations – a move that could potentially lay the groundwork for direct US strikes inside Mexican territory. “The people of Mexico, under no circumstances will accept interventions, interference or any other act ...
Israel says it has identified two of the dead bodies returned by Hamas on Thursday as Ariel and Kfir Bibas – but tests show another body that was expected to be that of their mother Shiri is not hers – and does not match any other Israeli hostage. The Israeli military said forensic evidence and intelligence suggested the boys were ...
Arab leaders are set to meet in Saudi Arabia on Friday for the first time to formulate a response to US President Donald Trump’s plan for the US to take ownership of Gaza, expel its Palestinian population and turn it into a Middle Eastern “Riviera.” The meeting – including Egypt, Jordan, the United Arab Emirates, Saudi Arabia, Qatar and other ...
Airlines have been contacted by Australia’s air traffic control agency warning them of reports of live fire off the country’s east coast where a Chinese navy task group has been operating, the agency and Australian officials said. A People’s Liberation Army Navy frigate, cruiser and replenishment vessel last week entered Australia’s maritime approaches, and travelled down Australia’s east coast this ...