Business News [UP]

Niantic, the game maker best known for creating Google Earth, will cancel production of its NBA and Marvel games amid a restructuring that will see 230 employees lose their jobs as the company increases its AR...

Electric car maker Polestar said Thursday that it would partner with Tesla and adopt its technology for the charging of electric vehicles....Read More

Japan and South Korea have agreed to reestablish currency exchanges in an apparent reconciliation after the pact was scrapped eight years ago amid unresolved political tensions and territorial disputes....Read More

U.S. data from Thursday show inflationary pressures aren’t severe enough to curb hiring, with the number of first-time claims of unemployment dropping from week-ago levels, but long-term claims are mounting....Read More

The International Brotherhood of Teamsters warned Wednesday that a nationwide UPS strike is “imminent” after the powerful union walked away from the bargaining table....Read More

Overstock, the Utah-based online retailer known best for selling furniture, has purchased the intellectual property for Bed Bath & Beyond amid the company’s bankruptcy proceedings and will relaunch the store’s website....Read More

The number of people taking out mortgage applications for a home climbed 3% from the week before but remained 21% lower from the same time last year, according to the Mortgage Bankers Association....Read More

Google is cutting an unknown number of jobs from the Waze mapping service it acquired for $1.3 billion in 2013. The layoffs come as Google merges Waze into the company’s Geo division....Read More

Warehouse retailer Costco is cracking down on membership sharing by increasing its photo ID enforcement at self checkout lanes....Read More

Starbucks plans to issue “clearer centralized guidelines” on its policy for in-store Pride month decorations following a clash with the union over claims the coffee giant banned the displays....Read More