AI Behind Over 50,000 Layoffs in 2025 at Top Tech Firms
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Dec 21CNBCTechnology
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Airlines are increasingly tying free WiFi to loyalty to boost membership sign-ups. SES American Airlines will soon offer free WiFi exclusively to AAdvantage members on nearly all flights. This follows...
Getty Images; Rebecca Zisser/BI The 2025 frozen job market could thaw by the time 2026 is over. Job-market experts like Claudia Sahm don't think the low-hire, low-fire state is sustainable. Hiring exp...
📋 Key Facts ✓ Tax fraud charges escalate schism within Agnelli dynasty ✓ Troubles mount across John Elkann's business empire ...
📋 Key Facts ✓ US banks are rebuilding core financial infrastructure behind the scenes. ✓ The rebuild enables cash, custody, and funds t...
📋 Key Facts ✓ Ashley Archambault was a single mother for seven years, learning holiday budgeting during financially challenging times. ✓ ...
📋 Key Facts ✓ Benchmark raised Hut 8 price target to $85 ✓ Adjustment follows AI data center deal ✓ Lease pushe...
Frederick Baba, a trader at Jane Street and former Goldman Sachs partner. Courtesy of Goldman Sachs Former Goldman partner Fred Baba shared the goodbye note he sent colleagues. He left Goldman in 2023...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
📋 Key Facts ✓ Apollo is cutting risks to prepare for market turmoil. ✓ The firm is stockpiling cash reserves for liquidity. ...
A view of the "El Palito" oil refinery in Puerto Cabello, Venezuela. Jesus Vargas/Getty Images The US captured Venezuelan President Nicolás Maduro in a surprise raid on Saturday. In a press co...
The restaurant industry is grappling with major changes this year — and there are big questions about finances, consumer behavior, and labor issues on operators' minds. Scott Suchman/For The Was...
📋 Key Facts ✓ 60% of Five Below's products are sourced from China, impacted by tariffs. ✓ Company stock rose 85% year-to-date as of...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Briana Bello, a recruiter for Hard Rock Stadium, looks over a resume from a job seeker during a job fair Thursday, Aug. 28, 2025, in Sunrise, Fla. (AP Photo/Marta Lavandier) Marta Lavandier/Associated...
The French government is facing two new no-confidence motions, after the EU gave the go-ahead on January 9 to the huge Mercosur trade pact with South America -- to the dismay of French farmers, who ha...
📋 Key Facts ✓ Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. ✓ Exports of US spirits decli...
📋 Key Facts ✓ Bitcoin is seeing new warnings of a price breakdown near $90,000. ✓ Gold and silver have achieved new all-time highs. ...
Protests around Iran over its economy have continued on January 6, with demonstrators holding a sit-in at Tehran's Grand Bazaar, later dispersed by security forces. It all comes down to a currency in ...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...