BUSINESS

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Chili's Grill & Bar is embracing its history as it prepares for a new era of expansion, proving that sometimes the best way forward is by looking back. The iconic American restaurant chain is rolling out a redesigned restaurant concept that revives many of the features customers fondly remember from decades past.

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Chipotle Mexican Grill is taking a bold step by opening its first restaurant in Mexico, marking a significant moment for the American fast food chain and creating considerable debate among consumers.

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Microsoft's latest wave of layoffs has sent shockwaves through the gaming industry, leaving thousands of employees uncertain about the future of Xbox and its network of development studios.

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Apple has launched a legal assault on OpenAI. The iPhone maker accuses its former partner of stealing trade secrets to build rival consumer hardware products. The lawsuit was filed Friday in federal court in Northern California.

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Stripe and private equity firm Advent International have submitted a joint offer to acquire PayPal for $60.50 per share in a deal that would value the struggling payments giant at more than $53 billion, sources familiar with the matter confirmed Wednesday. PayPal shares surged as much as 17% on the news.

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Google is going nuclear, pouring cash into a German startup, racing to build Europe's first commercial fusion power plant. The tech giant joined a massive $468 million funding round for Munich-based Proxima Fusion which just rocketed to a jaw-dropping $2.7 billion valuation.

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Warren Buffett has once again demonstrated his commitment to philanthropy, but this year's donation strategy marks a significant departure from a pattern that has defined much of his charitable giving for nearly two decades.

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Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.