Company needs to cut 85% of its workforce

Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a “bloated” workforce have been a drag on the company’s culture, as he vowed to slash headcount. “There’s 1,400 employees at Opendoor. I don’t know what most of them do. We don’t need more than 200 of them,” Rabois told CNBC’s “Squawk…

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‘Ozempic Effect’ has reached clothing store rack as America resizes

Jennifer Johnson, founder of True Fashionistas, Florida’s largest clothing reseller, started noticing something unusual about a year ago. Suddenly, once difficult-to-find larger sizes were becoming more common in the batches of clothing arriving for resale. Since then, the trickle has become a torrent. Johnson said that historically, her store has been overloaded with extra smalls and…

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Suspect identified in Charlie Kirk shooting: AP

The FBI has taken a suspect into custody in connection with the shooting of conservative activist Charlie Kirk after a multi-day manhint. Associated Press reported that the law enforcement identified the suspect as 22 -year -old Tyler Robinson, who was arrested in southern Utah. Law enforcement said that the suspect confessed to his father, who…

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Fintech firm Lendbuzz files for IPO

Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, filed an IPO prospectus Friday. The Boston-based company is targeting a valuation of around $1.5 billion, according to a person familiar with the matter, who asked not to be named discussing internal matters. That valuation may…

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