The IRS is reportedly considering drastic workforce reductions, potentially letting go of half its employees. These cuts would continue a trend of federal agency restructuring. Read more...

A roundup of today's top business news, including Alibaba's stock surge, rising coconut prices due to Indonesian imports, a Lamborghini fraud in Malaysia, and leadership changes at Seven & i. Read more...

A roundup of recent Canadian business news, including Jack Daniel's execs criticizing Canadian liquor policies, a strong buy recommendation for Canadian Natural Resources, and Canadian Tire store closures. Read more...

Walgreens faces acquisition and store closures, while investment firms adjust their holdings in financial ETFs. The Treasury Department also suspends a reporting deadline. Read more...

Škoda Auto plans to reduce its workforce by 15% while expanding its electric vehicle offerings. CEO Klaus Zellmer cites lower EV profitability as a key driver. Read more...