Twitter employees may have left the office on Friday feeling particularly demoralized. Last month, after another round of layoffs, CEO Elon Musk indicated he would share information about “very significant…
Category: Business News
Gwyneth Paltrow testifies in Utah ski crash trial
Gwyneth Paltrow took the stand Friday to testify in a ski accident trial at a Utah ski resort where a man claims the movie star’s recklessness on the slopes caused…
Yellen tries to reassure banks after comment on deposit insurance
Treasury Secretary Janet Yellen told US lawmakers that regulators would be prepared for further steps to protect the banking system if warranted, a day after her remarks on national deposit…
Dwayne Johnson has reportedly bent DC Studios to his will
DC Comics superheroes Black Adam, Superman, and Shazam were always meant to clash, but not quite like this. It turns out that Dwayne Johnson, a.k.a. The Rock, put pressure on…
Bill Gates says AI tools can help reduce injustice
Microsoft co-founder Bill Gates is famously optimistic about artificial intelligence and its promise to accelerate innovation. He believes that AI tools like OpenAI’s ChatGPT chatbot are one of two technologies…
Last wild Atlantic salmon in the U.S. may coexist with dams, feds say
The federal government ruled Monday that the nation’s last wild Atlantic salmon can coexist with hydroelectric dams on the Maine River, dealing a blow to environmentalists who have long pushed…
Credit Suisse’s bankruptcy follows years of scandal and mistrust — with an Ohio mattress company playing a role
Credit Suisse Group AG, once one of the strong leaders of the global financial system, no longer exists. After tense talks over the weekend, UBS Group AG agreed to buy…
Credit Suisse crisis fuels another weekend of fear as fear of ‘unknown unknowns’ grows among traders, money managers
Waking up at 6 am. Tennis dates cancelled. Anxiety checks bond prices while walking the dog. These are just some of the scenes from traders and money managers over the…
Michael Jordan is reportedly close to selling his NBA franchise to the billionaire hedge fund at the center of the WallStreetBets/GameStop saga
Michael Jordan paid $275 million for a majority stake in the Charlotte Hornets in 2010. Now, according to ESPN, the NBA legend is in talks to sell that stake to…
Cases of tick-borne babesiosis are on the rise in the northeastern United States, the CDC warns. Here’s what you need to know
Tick-borne diseases are on the rise in the northeastern United States, jumping 25 percent from 2011 to 2019. One in particular has become endemic to three new states, the Centers…