BuzzFeed

New York CNN Business  —  BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate the latest media…

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019Cannes LionsWhile media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions…

Take a look at some of the biggest movers in the premarket:Target (TGT) – Target announced a series of moves to "right-size" its inventory levels, including additional markdowns and canceling orders. It cut its operating margin guidance…

BuzzFeed founder and CEO Jonah PerettiManuel Blondeau | AOP.Press/Corbis | Getty ImagesBuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people familiar with the matter describe as broader…

Stock futures were flat in overnight trading after Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes to combat rising inflation.Futures on the Dow Jones Industrial Average rose 10 points, while…