Everyone thinks AI is replacing factory workers but Amazons layoffs show its coming for middle…
As Amazon slashes 14,000 white-collar roles and the U.S. approaches a million job cuts this year, AI’s first major labor casualty might be emerging.
Category: Business
The era of mega AI layoffs is upon us businessinsidercom
Amazon's full-throttle layoffs are a warning sign for white-collar workers everywhere.
Microsoft CEO Satya Nadella says Bill Gates warned him that investing in OpenAI would be…
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Apple Plans MacBook Air iPad Air and iPad Mini With Overhauled Displays Bloombergcom
Apple Inc. is preparing major changes to its MacBook Air, iPad mini and iPad Air lines, with a plan to give the popular devices higher-end displays.
Stock Market Today Dow Futures Gain After UnitedHealth Earnings Live Updates The Wall Street Journal
Earnings heat up this week and President Trump is in Asia to talk trade. Follow along for live updates and reaction from the Dow, Nasdaq, S&P 500 and other markets.
Exclusive Trump Xi to Discuss Lowering China Tariffs for Fentanyl Crackdown The Wall Street Journal
Exclusive | Trump, Xi to Discuss Lowering China Tariffs for Fentanyl Crackdown - The Wall Street Journal
UPS Earnings Beat Estimates as CEOs Turnaround Plan Takes Hold Bloombergcom
United Parcel Service Inc. shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year.
USChina Trade Deal Optimism Boosts Risk Assets Markets Wrap Bloombergcom
The record-breaking stocks rally faltered as investors parsed a flurry of corporate earnings, while awaiting results from US megacap technology companies as well as a Federal Reserve policy decision.
AIG to acquire the majority of renewal rights to Everest Groups global retail insurance portfolio…
The acquisition gives AIG access to future business without inheriting responsibility for claims and obligations predating the deal.