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,…
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…
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…
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…
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…
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…
A train collided with a herd of elephants in Sri Lanka on Wednesday night, killing at least six of them, according to Sri Lanka Police. No passengers were injured, but wildlife veterinary officers are treating a female elephant and an injured calf in the city of Giritale, Sri Lanka’s state-owned…
On a wet evening in Suhl, in the former East Germany, a smattering of youthful faces were among hundreds lining up to hear from an unlikely idol – Björn Höcke, one of the most controversial figures in the far-right Alternative for Germany (AfD) party. Höcke, a former history teacher, has…
How did things get so bad, so fast? Europe’s leaders and officials have been blindsided by a staggering collapse in American support for Ukraine in the past week. Many still cannot understand why US President Donald Trump has turned so furiously on Ukraine’s leader, Volodymyr Zelensky, parroting the vitriolic disinformation…
A “window for peace is opening” in Ukraine, China’s top diplomat told a meeting of G20 foreign ministers on Thursday, as the Trump administration ramps up its push to end the war in close coordination with Russia. China’s Foreign Minister Wang Yi met with Russian counterpart Sergey Lavrov on the…