Double blow to Healey as inflation rises to 3.5% and monthly deficit hits £24bn
UK inflation rose to 3.5% last month while the government deficit hit £24.5bn, delivering dual challenges for Chancellor Healey ahead of next week’s budget announcement.
EBay to lay off 9% of workforce in its second round of job cuts this year
eBay is cutting 9% of its workforce, affecting roughly 1,000 employees, marking the company’s second major layoff this year as it realigns operations around strategic priorities.
Walmart to cover some GLP-1s, inhalers and insulin for employees at no cost as it expands benefits
Walmart will cover over 250 prescriptions including certain GLP-1 medications, insulin, and inhalers at no cost to employees starting in 2027, as the company expands benefits to attract workers.
Southwest is overhauling its frequent flyer program. Here’s what’s changing
Southwest Airlines is replacing its two-tier A-List frequent flyer program with three new tiers—silver, gold, and platinum—starting next year while adding airport lounges and adjusting Companion Pass benefits.
KFC to switch to Coca-Cola beverages in U.S. restaurants for the first time in decades
KFC will switch from PepsiCo to Coca-Cola beverages across all U.S. restaurants by early 2027, marking the first major supplier change in decades for the Yum Brands chain.
Nike’s India campus is a long-term growth bet amid turnaround
Nike announced plans to establish a global campus in Bengaluru, India, as part of CEO Elliott Hill’s turnaround strategy amid struggles in China and efforts to revitalize the company’s business.