Disney hit by layoffs and a few hundred workers cut
EXCLUSIVE: Disney has initiated layoffs as it continues to tighten its belt under recently appointed CEO Josh D’Amaro. Today’s job cuts would affect a few hundred employees, largely in areas such as technology and human resources, which is a…
OpenAI launches Dots, its competitor Muse
OpenAI responds to Meta’s lively Muse AI with its own agent assistants: Dots. During its DevDay keynote on Tuesday, OpenAI announced that Dots will serve as always-on AI assistants that can “do almost anything” on connected apps in the…
Trump’s proposed diesel export ban sparks fears of energy crisis in Europe – The Washington Post
Trump’s proposed diesel export ban sparks fears of energy crisis in Europe The Washington Post These Republicans called on Trump to ban U.S. diesel exports The New York Times Trump’s diesel export ban could lower diesel prices first, then add…
Micron to report fourth quarter results as memory boom continues
Memory giant Micron (MU) will report its fourth-quarter results after the bell on Wednesday, providing investors with insight into the state of the memory and AI market. Micron’s fortunes, along with those of fellow memory chip producers Samsung…
Meta expands its Muse AI agent to small businesses
Meta announced Tuesday that it is expanding its Muse AI agent to small businesses and adding new integrations, including Shopify, Dropbox, Slack, and more. The tech giant says the agent can help owners run their businesses and find new clients. By…
Anthropic IPO Prospectus Showcases Big Picture on AI and Rising Costs
By Echo Wang September 28 (Reuters) – Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the Internet, according to its IPO prospectus seen by Reuters. But the cost of…
National Coffee Day 2026 Offers and Giveaways
National Coffee Day is here with major discounts and giveaways to help fuel your daily life. Americans are more caffeinated than ever. According to the National Coffee Association, two-thirds of American adults drink coffee every day. To celebrate this…
Job postings and hiring remain stable as ‘low hiring, low firing’ market drags on
Job openings and hiring were little changed in August, according to the Labor Department’s monthly Job Openings and Labor Turnover Survey, yet another data point that suggests the economy remains in a “low hiring, low fire” labor…
Fair Isaac stock plunges 20% after Fannie and Freddie open the door to credit rival FICO
Shares of Fair Isaac Corp. (FICO) shares fell sharply Tuesday after Federal Housing Finance Agency Director Bill Pulte announced a change in mortgage pricing, introducing competition for the FICO Score’s long hold on mortgages. Fair Isaac’s…
Consumer optimism declines sharply as fears mount over rising prices and jobs
Consumer confidence deteriorated sharply in September, as an inflation-weary public took a gloomier view of the job market and the impact rising prices would have on their finances, the Conference Board reported Tuesday. The board’s consumer…