Visa Cutting 7% of Jobs as AI Reshapes the Company
Visa plans to cut about 2,600 jobs, or 7% of its workforce, as CEO Ryan McInerney points to AI as a factor reshaping how work gets done at the payments giant.
Category: BUSINESS
Read the latest business news, company earnings, mergers, corporate strategy and economic developments affecting markets, investors and consumers.
Emirates Now Accepts Crypto Payments for Flights
Emirates has launched a partnership with Crypto.com to let passengers pay for flights using cryptocurrency, targeting a “digitally-affluent” traveler base.
Ocado Drops £190m Payout Dispute With Marks & Spencer
Ocado Group has quietly dropped its pursuit of a roughly £190 million payment from Marks & Spencer, ending a years-long dispute over their online grocery joint venture.
Ocado Drops £190m Payout Dispute With Marks & Spencer: What It Means
Ocado has quietly dropped its pursuit of a £190m payout from Marks & Spencer tied to their online grocery joint venture. Here’s what happened and why it matters.
Equifax Stock Falls 7% on Weak Guidance: What It Signals
Equifax beat second-quarter earnings estimates but its stock still fell 7% after weak guidance pointed to a slowdown in mortgage lending. Here’s what it means for borrowers.
3M Stock Jumps 7% After Earnings Beat, Raised Guidance
3M shares jumped 7% after the industrial giant beat second-quarter earnings estimates and raised its full-year profit guidance. Here’s what happened.
American Airlines Stock Drops 8% as Fuel Costs Rise
American Airlines cut its 2026 earnings forecast Thursday, citing rising fuel costs, sending its stock down 8%. Here’s what happened and what it means going forward.
Tesla Sales Jumped in Second Quarter as Elon Musk Shifts Focus to AI and Robotaxis
By Wall Street Sights Staff • Updated Today • 7 min read 📌 At a Glance Tesla Sales Jumped in…
Judges Block Trump Loan Regulation, Keeping Student Loan Forgiveness Rules in Place
Federal judges block Trump loan regulation that would have limited Public Service Loan Forgiveness eligibility for some public service workers.…
Kroger Giant Eagle Acquisition: Kroger to Buy Giant Eagle for $1.65 Billion
Kroger agreed to acquire family-owned grocery and pharmacy chain Giant Eagle for $1.65 billion on Wednesday, expanding its store footprint into markets…