Roomba-maker iRobot has announced that the planned deal to be acquired by Amazon will not be completed, resulting in the company announcing they will be laying off 31% of its workforce.
Read More iRobot Cutting 31% Of Workforce After Amazon Deal Falls Through
with Christopher Tremoglie
Read More New Cartoon on Amazon Prime Video Literally Glorifies Satan and Demons
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut bets
AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions and improve safety.
Read More AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
In a move to save on costs, Walmart is importing more goods to the United States from India instead of China.
Read More Walmart Shifts To India For Cheaper Imports
Amazon says they are not going to offer promotions to employees who do not comply with their return-to-office mandate.
Read More Amazon Remote Workers: Employees Who Don’t Return To Office May Not Get Promoted