Fintech company Block lays off more than 4,000 people, citing AI
BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday…
A slight uptick in US jobless claims as layoffs stay relatively healthy
WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy…
What Smithfield’s move could mean for environment, economy
Besides 120 acres of prime downtown real estate, Sioux Falls city leaders got something that has sometimes been…
Nvidia and other tech stocks lead Wall Street higher
NEW YORK (AP) — U.S. stocks rose Wednesday and erased their losses for the week so far, as…
AI standard-bearer Nvidia delivers another quarter of stellar growth
Artificial intelligence chipmaker Nvidia on Wednesday announced another quarter of astounding quarterly growth as investors try to decipher…
US jobless claims drop to 206,000 as layoffs stay historically low
WASHINGTON (AP) — U.S. applications for unemployment benefits fell last week as layoffs remain at historically low levels.…
Amazon scraps partnership with surveillance company after Super Bowl ad backlash
Amazon’s smart doorbell maker Ring has terminated a partnership with police surveillance tech company Flock Safety. The announcement…
The economy is booming. So why is the job market lagging?
WASHINGTON (AP) — The U.S. economy is on a tear. So why is the American job market limping…
Retail operator of Eddie Bauer files for bankruptcy, will keep stores open during restructuring
NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has…
Ring Offers New Tool for Owners of Lost Pets
Ring is widening the net for its canine-tracking tech, and you no longer need one of its…
Amazon’s $75 Million Melania Trump Documentary Beats Forecasts To Become Box Office Surprise: ‘Not Involved,’ Says President
Amazon.com, Inc. (NASDAQ:AMZN)-owned MGM Studios’ documentary about First Lady Melania Trump is exceeding box office expectations. A Breakout…
Some companies tie AI to layoffs, but the reality is more complicated
The one thing N. Lee Plumb knows for sure about being laid off from Amazon last week is…