Biz breakdown: Adobe Calls Off Merger, Southwest Gets Fined, Nippon to Buy U.S. Steel

Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.

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Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

IRS Layoffs Could Hurt Revenue Collection and Aid Tax Dodgers

Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after tax dodgers.

Big Business This Week: Guess Who’s Back? Inflation!

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How Dream Exchange Is Serving Underserved and Minority Markets

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All Survive As Delta Jet Flips Upside Down on a Snowy Toronto Runway

A Delta Air Lines plane has flipped upon arrival at Toronto’s Pearson Airport and ended up on its roof, injuring 18 people.

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