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Browsing: Business

Business

Ex-White House ‘AI czar’ warns US could lose AI race to China if Washington overregulates

Former White House "AI czar" David Sacks warned Monday that overregulation of artificial intelligence could erode America’s lead over China in the glo...

Business

LARRY KUDLOW: Trump has never ruled out military action, which now looks more likely

As the President patiently works toward a possible surrender deal with Iran, keep in mind two important points: one is no other president in modern hi...

Business

Meta launches $115M skilled trades academy with guaranteed jobs for graduates in 4 states

Tech giant Meta on Monday announced that it's launching a new academy for workers to receive training in a skilled trade at no cost with a job guarant...

Business

AI remains top reason for US job cuts for third straight month as employers axed 97,000 workers in May

U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading factor cited by companies cutting their workforces...

Business

Americans grow more pessimistic about finances as rent and food cost fears surge, Fed says

Americans are increasingly reaching a breaking point regarding their household finances.Despite hopes for a soft landing after years of elevated infla...

Business

McDonald's worker allegedly doused with hot cooking oil by co-worker, suffers burns over 22% of his body

A 20-year-old McDonald's worker in Northern California is facing multiple surgeries after a co-worker allegedly hurled hot cooking oil at him, leaving...

Business

Convicted FTX founder Sam Bankman-Fried insists he's innocent in exclusive prison interview

Sam Bankman-Fried, the former cryptocurrency billionaire serving a 25-year sentence for fraud tied to the 2022 collapse of his FTX exchange, says he w...

Business

Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization

Hibbett Sports will close 175 stores around the U.S. over the next three years as its parent company, JD Sports, looks to reorganize its footprint.JD...

Business

Tom Brady launches Good Nut coconut water line with Gopuff in market expected to reach $11B by 2030

Legendary NFL quarterback Tom Brady’s latest business venture is hitting the beverage shelves in a market expected to reach $11 billion by 2030. Brady...

Business

Gas-X capsules recalled over potential chemical contamination due to leaky machine: FDA

Gas-X capsules sold across the country are being recalled over potential chemical contamination because of a machine leakage during packaging, accordi...

Business

Costco quietly rolls back prices on popular Kirkland products in member-friendly move

Costco has quietly lowered prices on several popular Kirkland Signature items, including products shoppers had previously flagged online as increasing...

Business

NASA astronauts could soon wear Prada as luxury label unveils new gear for Artemis IV

Italian fashion house Prada and Axiom Space have unveiled a jointly developed next-generation lunar spacesuit layer scheduled to be worn during NASA’s...