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In this July 12, 2017 file photo, an issue of the National Enquirer featuring President Donald Trump on its cover is displayed on a newsstand in a store in New York. VVIP Ventures is buying the U.S. and U.K editions of the National Enquirer, the tabloid that engaged in “catch-and-kill” practices to bury stories about Donald Trump during his presidential campaign. Financial terms were not disclosed. (AP Photo/Mary Altaffer, File)

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National Enquirer, caught in 'catch-and-kill' scandal, sold
By MICHELLE CHAPMAN - AP Business Writer
Mon,02/06/23-6:47AM , 658 Reads
The National Enquirer, the scandal-plagued tabloid that engaged in “catch-and-kill” practices to bury stories about Donald Trump during his presidential campaign, has been sold.
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This July 3, 2014, file photo, shows the Microsoft Corp. logo outside the Microsoft Visitor Center in Redmond, Wash. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo Ted S. Warren, File)

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Big tech job cuts keep coming; Dell latest to trim headcount
By MICHELLE CHAPMAN - AP Business Writer
Fri,01/20/23-9:36AM , 504 Reads
The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs.
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This Nov. 19, 2019 photo shows a Peloton logo on the company's stationary bicycle in San Francisco, Calif. Peloton told employees Thursday, Oct. 6, 2022, that it will cut approximately 500 jobs, or about 12% of its workforce, as post- pandemic sales of its indoor exercise equipment continues to tail off. (AP Photo/Jeff Chiu, File)

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Peloton to cut 500 jobs as turnaround efforts continue
By MICHELLE CHAPMAN - AP Business Writer
Thu,10/06/22-8:43AM , 286 Reads
Peloton is cutting hundreds of jobs in a corporate reorganization of its stalled business as the pandemic-related surge ebbs.

The maker of high-end exercise equipment cut approximately 500 jobs, or about 12% of its workforce, Peloton said Thursday.
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This image released by Sony Pictures shows Brad Pitt, left, and Sandra Bullock in a scene from the film "Bullet Train." (Scott Garfield/Sony Pictures via AP)

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Movie chain Cineworld files for Chapter 11 bankruptcy
By MICHELLE CHAPMAN - AP Business Writer
Wed,09/07/22-11:17AM , 224 Reads
Movie theater operator Cineworld Group LLC has filed for Chapter 11 bankruptcy protection in the U.S. as it deals with billions of dollars in debt and lower-than-expected attendance at screenings.
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