Author: News Room
Amid the complicated financial jargon at play in short-seller Andrew Left’s ongoing securities fraud trial, the defense has repeatedly returned to a simple question: Can’t people disagree about stocks? Loading audio narration… Citron Research founder Left, known for his bets on GameStop and frequent appearances on financial shows, has been…
The era of sky-high concert-ticket prices is exposing pop music’s middle class — or, at least, who isn’t among the 1%. Loading audio narration… A slew of high-profile artists have recently made headlines for downsizing, postponing, or outright canceling their arena tours, from heartthrob Zayn Malik and chart-topper Post Malone…
Congress is considering legislation that would allow sales of gasoline that contains more ethanol as Washington grapples with rising gas prices that have upset many Americans in an election year. The U.S. House approved a bill on Wednesday, May 13 that would allow year-round sales of E15 gas, which is…
Several years ago, Chandra Hawkins, 44 years old, was jobless and living out of her car. After being married for 15 years, she became a single mom with nothing to her name. A custody battle with the father of her three sons left her drowning in legal fees. She couldn’t…
Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…
The marketing team wasn’t spared from LinkedIn’s layoffs on Wednesday. Loading audio narration… LinkedIn chief marketing and strategy officer Jessica Jensen sent an email saying the company is reducing roles “across our team” to cut costs.”Growth is more competitive, infrastructure costs continue to rise and AI is reshaping how work…
Anthropic CFO Krishna Rao says AI now writes 90% of the company’s code — and it’s changing what white-collar workers do all day. Loading audio narration… Rao, on an episode of Patrick O’Shaughnessy’s “Invest Like the Best” podcast published Wednesday, described a workplace inside Anthropic where AI systems increasingly handle…
After three weeks of testimony that has shed new light on some of Silicon Valley’s biggest names, the Musk v. Altman jury trial is finally coming to a close. Loading audio narration… OpenAI wrapped up its case on Wednesday. Closing arguments are scheduled for Thursday morning, and the jury is…
Spirit Airlines’ collapse left travelers without nonstop options on more than a dozen routes across the US and Latin America, but competitors are already moving to fill much of the gap. Loading audio narration… The now-defunct budget airline abruptly ceased flying in the early hours of May 2 after years…
Most longevity scientists and doctors agree that one habit is better than any drug or supplement for healthy aging: Exercise. Loading audio narration… Researchers are still piecing together exactly why exercise supports longevity. Still, it appears to benefit not only fitness and metabolism, but also improve how our cells operate.Plus,…
