Category Business

Turkey floods kill 10 in earthquake-affected provinces

ANKARA, Turkey — Floods caused by torrential rains hit two provinces that were devastated by last month’s earthquake, killing at least 10 people and increasing the misery for thousands who were left homeless, officials and media reports said Wednesday. At…

Toymaker Hasbro laying off 1,000 to cut costs

PAWTUCKET, R.I. — Toymaker Hasbro said Thursday it is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025. The nearly century-old Rhode Island-based company behind Monopoly, Play-Doh and My…

TikTok dismisses calls for Chinese owners to sell stakes

WASHINGTON — TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn’t help protect national security. The company was responding…