Amazon's custom silicon operation just crossed a $20 billion annual revenue run rate. Growth exceeds 100% year over year. CEO Andy Jassy calls it one of the top three datacen...
Meta Platforms beat first-quarter earnings estimates. Revenue climbed 33% to $56.3 billion. Net income surged 61%. Yet shares plunged 6% to 10% after hours. Investors recoile...
With increasingly volatile market conditions, many roof developers see the price of replacing a commercial roof to be unexpectedly high, largely because th...
The U.S. dollar clung to gains near a two-week peak Friday. Federal Reserve policymakers exposed deep rifts over inflation. Jerome Powell wrapped up eight years at the helm w...
Amazon.com Inc. slashed 16,000 corporate positions on January 28, 2026, capping a four-month spree that eliminated 30,000 jobs from its white-collar ranks. The cuts hit nearly 1...
John Ternus steps into Apple's CEO role on September 1, 2026, inheriting a supply chain squeezed by memory prices that have quadrupled. RAM costs now threaten to balloon from...
Agentic AI doesn't announce itself with headlines of mass firings. It creeps in. Companies squeeze more from existing teams. New hires? Fewer and farther between.That'...
Missouri voters face a rare crossroads this November. For the first time since 1917, when the state embraced the individual income tax, lawmakers have teed up a ballot question...
The UK economy faces a punishing £35 billion shortfall over 2026 and 2027, even if Middle East hostilities end swiftly. That's the stark baseline from the National Institute of...
The Federal Reserve held its benchmark interest rate steady at 3.5% to 3.75% on Wednesday, marking the third straight pause in a year of policy restraint. But this time, frac...
Private equity firm CVC Capital Partners just handed Lipton Teas & Infusions a €210 million lifeline. The cash comes amid mounting pressures on the €4.5 billion tea business...
Chip Wilson isn't backing down. The Lululemon founder, who built the yoga-pants empire from a single Vancouver studio in 1998, fired off a blistering letter to shareholders t...
OTTAWA—The Bank of Canada nudged its economic growth projections higher for 2026 and 2027 on Wednesday, banking on steady U.S. tariffs and oil prices easing to $75 a barrel by m...
Intel Corp. shares rocketed more than 11% to $94.60 on Tuesday, capping a market cap above $424 billion, after CEO Lip-Bu Tan used the company's first-quarter earnings call to p...
Apollo Global Management chief economist Torsten Sløk has a message for those bracing for an AI-induced job apocalypse. Efficiency breeds expansion. AI won't gut white-collar ra...
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