Disney lays off hundreds in cost cutting measure
Walt Disney Co. is laying off workers at the corporate level as part of a continuing effort to improve the profitability of the business. “As part of this ongoing optimization…
Jerome Powell’s power grows after Fed endorses interest rate cut
One week before Federal Reserve officials gathered in Washington this month, they were split over how fast to lower interest rates. The economy wasn’t flashing the kind of obvious warning…
Google CEO Sundar Pichai predicts antitrust fight will last years
Alphabet Inc. Chief Executive Officer Sundar Pichai said it will take many years to resolve Google’s antitrust battles, downplaying the idea that they pose an immediate threat to the company’s…
China’s Envision Energy seeks its next green breakthrough
The number of energy companies committed to a green-power transition continues to grow. Some pioneers remain at the leading edge, and Fortune recognized three of them on the 2024 Change…
US businesses delay investments due to election uncertainty
A growing number of US businesses are holding off on major investments until they know the outcome of the upcoming presidential election. Some 30% of firms have postponed, scaled down…
Stock market today: Markets come down from China stimulus highs
The initial optimism off China’s stimulus announcement has faded in the U.S. with markets closing lower Wednesday and eyes returning to the Fed and labor markets. S&P 500 Futures: 5,774.25…
Solana may hit $330 and reach 50% of ETH market cap — VanEck research
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains. Source link
DOJ investigates SAP, Carahsoft for alleged price-fixing
German software developer SAP SE, product reseller Carahsoft Technology Corp. and other companies are being probed by US officials for potentially conspiring to overcharge government agencies for years. Since at…
Cardi B Looks Glamorous at PFW Weeks After Giving Birth to Baby No. 3
Play video content BACKGRID A little drizzle didn’t stand a chance against Cardi B ... who was out there slaying at Paris Fashion Week after welcoming her third child earlier…
Silicon Valley continues to embrace psychedelics, despite no longer being counter-culture
Step aside, hippies. After taking over California, Silicon Valley’s tycoons are now after your drugs. Sam Altman, the CEO of OpenAI, opened up about taking psychedelics in an episode of…
