Business

IBM’s AI Pivot: Thousands Cut in Sweeping Layoffs Amid Tech Turmoil
In the early hours of November 2025, whispers of mass layoffs at International Business Machines Corp. began circulating through employee forums and social media. By dawn, the t...
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AI Bubble Alert: Wall Street Titans Predict Stock Splits and Market Turbulence Ahead
As the stock market hurtles toward 2026, top executives from Goldman Sachs and Morgan Stanley are sounding alarms about an impending shakeout, particularly in the high-flying AI...
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WEF’s Dire Warning: AI, Crypto, and Debt Bubbles Poised to Burst Global Economy
SAO PAULO—As global markets grapple with volatility, the head of the World Economic Forum has issued a stark warning about potential economic bubbles that could destabilize the...
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AI’s Ruthless Reckoning: Seattle Grapples with Microsoft and Amazon Layoffs
SEATTLE—In the heart of the Pacific Northwest, where innovation once promised boundless opportunity, a wave of layoffs at tech behemoths Microsoft and Amazon is reshaping the ec...
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IRS Axes Direct File: Free Tax Filing’s Sudden End and the Industry Fallout
In a move that has sent ripples through the tax preparation industry and left millions of Americans facing higher filing costs, the Internal Revenue Service has officially confi...
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AI’s Double-Edged Sword: CEOs Brace for Job-Killing Failures in 2025
In the high-stakes world of corporate leadership, artificial intelligence has emerged as both a golden opportunity and a potential career killer. A recent report reveals that 74...
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Apple Card’s Hertz Boost: Revving Up Rewards in a Shifting Credit Landscape
Apple Inc. has expanded its Apple Card rewards program by adding Hertz as a new partner for 3% Daily Cash back on car rentals, a move that underscores the tech giant's strategy...
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Private Credit’s Brewing Storm: UBS Sounds Alarm, Apollo Strikes Back
In the high-stakes world of global finance, a heated debate is unfolding over the burgeoning private credit market, pitting banking giants against alternative asset managers. UB...
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Private Credit’s Brewing Storm: Apollo Chief Clashes with UBS on Systemic Risks
In the high-stakes world of global finance, a heated debate is unfolding over the burgeoning private credit market, pitting traditional banking giants against alternative asset...
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Norway’s $2T Fund Rejects Musk’s $1T Tesla Payday
In a move that underscores growing tensions over executive compensation in the tech sector, Norway's sovereign wealth fund, managed by Norges Bank Investment Management, has vot...
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2025 Shutdown: Investors’ Data Strategies in the Dark
2025 Shutdown: Investors' Data Strategies in the DarkAs the U.S. government shutdown stretches into November 2025, stock investors are grappling with an unprecedented d...
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Apple’s Tim Cook Hits 65: Who Will Be Next CEO?
Whispers in Cupertino: Decoding Apple's CEO Succession PuzzleAs Apple Inc. navigates an era of rapid technological evolution, the spotlight turns to its leadership hori...
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Hedge Funds’ October Gains: Millennium, Balyasny Outpace Rivals
In the volatile landscape of 2025's financial markets, hedge funds like Millennium Management and Balyasny Asset Management have navigated October with notable gains, though many s...
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Wall Street Braces for 2025 Market Shakeup
In a stark warning to investors, the CEOs of Goldman Sachs and Morgan Stanley have signaled that a significant stock market correction could be on the horizon, potentially withi...
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Lyft CEO’s Falcon Mode: Soaring Above Ride-Hail Turbulence
In the fast-paced world of ride-hailing, where competition from Uber and the looming shadow of autonomous vehicles threaten to disrupt the status quo, Lyft's CEO David Risher ha...
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