2026 layoffs: List of companies cutting jobs this year
More than 100 companies are set to layoff workers in 2026.
More than 100 companies are set to layoff workers in 2026.
Microsoft cuts 4,800 jobs, including many in Xbox division
Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. Here's what to know.
Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. Here's what to know.
Alibaba agrees to pay $600 million to settle illegal drug lawsuit
Alibaba reached a massive financial settlement with the U.S. government to resolve accusations that the company allowed the sale and importation of illegal pharmaceuticals and medical equipment on its major platforms.
Alibaba reached a massive financial settlement with the U.S. government to resolve accusations that the company allowed the sale and importation of illegal pharmaceuticals and medical equipment on its major platforms.
Another Costco warehouse and gas station coming to Downey
The Downey City Council approved a $10.5 million development agreement to build a new Costco warehouse and gas station on Firestone Boulevard.
The Downey City Council approved a $10.5 million development agreement to build a new Costco warehouse and gas station on Firestone Boulevard.
Trump Accounts for kids launch July 4: How to get $1,000
Trump Accounts, a new initiative to boost babies' financial independence later in life, kicks off on Independence Day.
Trump Accounts, a new initiative to boost babies' financial independence later in life, kicks off on Independence Day.
Kroger to buy Giant Eagle after failed Albertsons merger
Kroger plans to acquire Giant Eagle which has over 100 supermarkets and multiple pharmacies in several states.
Kroger plans to acquire Giant Eagle which has over 100 supermarkets and multiple pharmacies in several states.
Target and Ulta Beauty to end store partnership this August
A popular beauty brand’s five-year relationship with one of the nation’s largest chains is expected to end next month.
A popular beauty brand’s five-year relationship with one of the nation’s largest chains is expected to end next month.
Court blocks Trump administration’s student loan forgiveness overhaul
Two federal judges have struck down a Trump administration overhaul of the public service student loan forgiveness program.
Two federal judges have struck down a Trump administration overhaul of the public service student loan forgiveness program.
99 Ranch Market parent company sued for alleged discrimination against non-Chinese employees
The EEOC has filed a federal lawsuit against 99 Ranch Market parent Tawa Supermarket Inc. for allegedly discriminating against non-Chinese employees.
The EEOC has filed a federal lawsuit against 99 Ranch Market parent Tawa Supermarket Inc. for allegedly discriminating against non-Chinese employees.
Trump earned $1.2 billion from crypto business, filings show
A recent federal filing reveals that President Donald Trump generated about $1.2 billion from his cryptocurrency ventures in 2025, highlighting the substantial wealth amassed since his return to the White House.
A recent federal filing reveals that President Donald Trump generated about $1.2 billion from his cryptocurrency ventures in 2025, highlighting the substantial wealth amassed since his return to the White House.
New California laws in effect July 1, 2026
A sweeping slate of new California state laws is in effect July 1, introducing strict regulations across public education, food safety, consumer technology, and transportation.
A sweeping slate of new California state laws is in effect July 1, introducing strict regulations across public education, food safety, consumer technology, and transportation.
Student loan overhaul takes effect: What borrowers and parents need to know about new limits, repayment plans
A massive overhaul of the federal student loan system goes into effect Wednesday, impacting roughly 43 million Americans who collectively owe $1.7 trillion.
A massive overhaul of the federal student loan system goes into effect Wednesday, impacting roughly 43 million Americans who collectively owe $1.7 trillion.
5 companies conspired to drive up egg prices, Justice Dept. says
Five companies are accused of conspiring to drive up the price of eggs, the Justice Department announced on Tuesday.
Five companies are accused of conspiring to drive up the price of eggs, the Justice Department announced on Tuesday.
Hyundai recalls 96K Tucson SUVs as dashboards may go blank
Hyundai recalled nearly 100,000 SUVs over concerns that the instrument panel could reboot while the vehicle was being driven.
Hyundai recalled nearly 100,000 SUVs over concerns that the instrument panel could reboot while the vehicle was being driven.
Saks Global comes out of bankruptcy with new name, fewer stores
The parent company for Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman stores emerged from bankruptcy this week with a lot less debt, a lot fewer stores, and a whole new name.
The parent company for Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman stores emerged from bankruptcy this week with a lot less debt, a lot fewer stores, and a whole new name.
Mortgage rates edge higher amid Iran tensions, inflation uncertainty
Mortgage rates edged slightly higher this week, with the average 30-year fixed loan rising to 6.49%, according to Freddie Mac, while remaining relatively stable over the past six weeks.
Mortgage rates edged slightly higher this week, with the average 30-year fixed loan rising to 6.49%, according to Freddie Mac, while remaining relatively stable over the past six weeks.
As the World Cup brings the world to Los Angeles, Miya Miya is serving up a taste of Jordan
As the World Cup brings global fans to Los Angeles, viral West LA restaurant Miya Miya is serving up authentic Jordanian shawarma and cultural hospitality rooted in a son's tribute to his late father.
As the World Cup brings global fans to Los Angeles, viral West LA restaurant Miya Miya is serving up authentic Jordanian shawarma and cultural hospitality rooted in a son's tribute to his late father.
Ex-Meta executive sues over attempt to silence her ‘Careless People’ memoir
A former Meta executive has released a tell-all memoir, "Careless People," detailing her time at the tech giant and filed a lawsuit accusing the company of attempting to silence her.
A former Meta executive has released a tell-all memoir, "Careless People," detailing her time at the tech giant and filed a lawsuit accusing the company of attempting to silence her.
Johns Hopkins University lays off 110 workers after losing some federal funding
Johns Hopkins University laid off about 110 employees, citing significant cuts to federal research funding. Here's what to know.
Johns Hopkins University laid off about 110 employees, citing significant cuts to federal research funding. Here's what to know.
Judge blocks limits on graduate student loans
A federal judge struck down part of a Trump administration policy that would have restricted access to federal loans for students pursuing graduate degrees in nursing and other specialized fields.
A federal judge struck down part of a Trump administration policy that would have restricted access to federal loans for students pursuing graduate degrees in nursing and other specialized fields.