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US companies ‘upset’ over 10% spike in health insurance costs
US employers are bracing for the steepest jump in health insurance costs in at least 15 years, with…
Wholesale inflation unexpectedly fell in August, teeing up Fed for interest rate cut next week
Wholesale prices unexpectedly fell in August as producer inflation came in far below estimates, teeing up the Federal…
Meta’s AI ‘dream team’ triggers pay wars, staff resentment: report
Meta’s blitz to lure star AI scientists with multi-million-dollar paydays has backfired, sparking resentment among longtime staff and…
Oracle shares skyrocket as it projects half a trillion dollars in revenue — setting Ellison up for $90B gain
Oracle shares surged nearly 40% Wednesday – on track for its best day since 1999 – on jaw-dropping…
New Yorkers on Uber will be able to hail helicopter ride to JFK, Hamptons
Uber users in New York will soon be able to book helicopter flights to John F. Kennedy Airport,…
Ryan Seacrest re-signs with ABC to continue as ‘American Idol’ host
Ryan Seacrest has inked a new deal to stay on as host of “American Idol,” extending his run…
Wegovy-maker Novo Nordisk cutting 9000 jobs in restructuring
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as…
United Airlines, Spirit Airlines clash over business model
A war of words between United Airlines and ailing Spirit Airlines executives escalated on Tuesday after the Chicago-based airline’s chief questioned…
JPMorgan CEO Jamie Dimon warns US economy is ‘weakening’ after jobs revision
JPMorgan CEO Jamie Dimon claimed on Tuesday the US economy “is weakening” after the Labor Department slashed nearly…
Godfather of AI warns tech will bring massive unemployment
The “Godfather of AI” warned that the technology’s rapid adoption will unleash massive unemployment — hurting the poorest…