Spotify to cut 17% of workforce in third round of layoffs this year
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
Federal jury awards $17.7 million to Kraft, other suppliers after major price-fixing conspiracy
Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. were among the plaintiffs in the lawsuit.
Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. were among the plaintiffs in the lawsuit.
Network connects moms with companies in need
Thousands of moms and employers have joined the network that connects them with companies and businesses that need workers.
Thousands of moms and employers have joined the network that connects them with companies and businesses that need workers.
Woodbury contractor demolishes families trust
Tens of thousands of dollars disappeared into the hands of a Woodbury contractor who took payment for several projects his business never finished.
Tens of thousands of dollars disappeared into the hands of a Woodbury contractor who took payment for several projects his business never finished.
Companies are cutting worker benefits to offset the sting of high inflation
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Mpls to Duluth train hinges on federal funds
Any day now Minnesota state officials could learn whether the Northern Lights Express will secure key federal funding. When Minnesota approved $195 million in state dollars, that unlocked the ability to apply for federal grants. As the Minnesota Department of Transportation awaits the feds' decision, it has started negotiating with BNSF Railway, which owns the line where the train would operate.
Any day now Minnesota state officials could learn whether the Northern Lights Express will secure key federal funding. When Minnesota approved $195 million in state dollars, that unlocked the ability to apply for federal grants. As the Minnesota Department of Transportation awaits the feds' decision, it has started negotiating with BNSF Railway, which owns the line where the train would operate.
Subway is giving out free footlong cookies in these cities before they launch nationwide
Subway is celebrating National Cookie Day by giving customers in select cities a sneak peek of their new footlong cookies coming to stores nationwide.
Subway is celebrating National Cookie Day by giving customers in select cities a sneak peek of their new footlong cookies coming to stores nationwide.
Student loan payments render the holidays unaffordable for many: survey
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Red Lobster's Ultimate Endless Shrimp deal contributed to third-quarter operating loss
Red Lobster posted a huge loss in its third quarter -- linked partly to its Ultimate Endless Shrimp deal, which became a permanent fixture on its menu over the summer.
Red Lobster posted a huge loss in its third quarter -- linked partly to its Ultimate Endless Shrimp deal, which became a permanent fixture on its menu over the summer.
Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Here's what ‘job cuffing’ is and how to avoid it
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
Mpls community meeting discusses pollution
A community meeting was held in the East Phillips neighborhood of Minneapolis on Monday to discuss pollution coming from a Smith Foundry building that?s in violation of the Clean Air Act.
A community meeting was held in the East Phillips neighborhood of Minneapolis on Monday to discuss pollution coming from a Smith Foundry building that?s in violation of the Clean Air Act.
Best Buy combating theft with higher staffing levels in stores
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Minneapolis jewelry maker helps others after surviving domestic violence
Each piece is handcrafted in a Minneapolis studio using vintage and antique Swarovski crystals and German and Japanese glass.
Each piece is handcrafted in a Minneapolis studio using vintage and antique Swarovski crystals and German and Japanese glass.
MN jewelry maker helps domestic abuse victims
Minnesota jewelry maker, Meg Smith, hand makes her pieces with care. She also donates a percentage of sales to Women's Advocates, the first domestic violence shelter in the U.S. and is located in St. Paul. If you or someone you know is facing domestic violence, call the National Domestic Violence Hotline at 1-800-799-SAFE (7233) or visit the hotline?s website to chat with an expert.
Minnesota jewelry maker, Meg Smith, hand makes her pieces with care. She also donates a percentage of sales to Women's Advocates, the first domestic violence shelter in the U.S. and is located in St. Paul. If you or someone you know is facing domestic violence, call the National Domestic Violence Hotline at 1-800-799-SAFE (7233) or visit the hotline?s website to chat with an expert.
Black Friday traditions still strong
Despite an increased availability of online shopping, many people still brave the elements to head out to various retail outlets on Black Friday.
Despite an increased availability of online shopping, many people still brave the elements to head out to various retail outlets on Black Friday.
When do stores open for Black Friday shopping in Minnesota
Most stores are slated to open Friday morning for Black Friday shoppers. Here is your guide for Minnesota shopping.
Most stores are slated to open Friday morning for Black Friday shoppers. Here is your guide for Minnesota shopping.
Sam Altman reinstated as OpenAI CEO days after being ousted, along with new board
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.