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Pinterest is laying off 15% of its employees.

Pinterest to Lay Off 15% of Workforce in Order to Invest in AI

Pinterest plans to lay off up to 15% of its employees, approximately 700 positions, and reduce office space…

News January 28
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Amazon is laying off 16,000 more corporate employees.

Amazon to Eliminate 16,000 More Jobs as AI Drives Shift in Corporate Structures

Amazon will be cutting an additional 16,000 jobs in its ongoing effort to “strengthen our organization by reducing…

News January 28
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Amazon will shutter all Amazon Fresh and Amazon Go stores.

Amazon Pulls the Plug on Fresh and Go Stores, Plans 100+ New Whole Foods

Amazon will close all remaining Amazon Go and Amazon Fresh stores to focus on its growing online grocery offering…

News January 27
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Hong Kong-Based Anta Sports Buys 29% Stake in Puma for $1.8 Billion

Chinese sportswear company Anta Sports Ltd. will purchase a 29.06% stake in the Puma brand from Artemis —…

News January 27
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WHP Global Pays $300 Million for Lands’ End IP Plus 50% Stake in New Joint Venture

Lands’ End will sell its intellectual property (IP) and a 50% stake in the company to WHP Global,…

News January 26
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Ulta Beauty store in Kuwait.

Ulta Continues Middle East Expansion with UAE Debut

Ulta Beauty will make its debut in the United Arab Emirates with the opening of a store in…

News January 23
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The TikTok U.S. spinoff has been established a joint venture with a range of investors.

New TikTok U.S. Spinoff Hits Snags in First Week: Outages, Claims of Censorship

[Update as of Jan. 27, 2026] The newly formed TikTok U.S. spinoff has had a bumpy first week,…

News January 23
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UPDATE: Guess? Completes Deal with Authentic to Go Private

[Update as of January 23, 2026] Authentic Brands Group and Guess? have completed the transaction to take Guess?…

News January 23
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GameStop to Close Nearly 500 Stores Before Fiscal Year Ends on Jan. 31

[Update as of Jan. 21, 2026] GameStop will reportedly shrink its brick-and-mortar footprint by 475 stores in 43…

News January 21
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