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VW’s surprise job-slashing deal is a big win for its bosses
Volkswagen is slashing its workforce by 50,000 to 100,000 jobs and closing four plants to reduce costs. The board approved these m
topicMeta Glasses Users Who Tamper With the LED Are Getting Their Cameras Bricked
Meta has bricked the cameras on thousands of its AI glasses. This action targets users who tampered with the device LEDs, which ty
topicViral bakery's missing cinnamon rolls spark $3,100 theft accusation and Border Patrol plot twist
Police recovered 400 cinnamon rolls five days after they vanished during delivery from a Florida bakery. The bakery initially accu
topicStock Market Today: Dow Sinks Amid Rate Fears; Sandisk, KLA Lead Nasdaq-100 As Utilities Gain
The Dow and S&P 500 ended lower after a strong August jobs report increased expectations for an interest rate hike. While broader
topicPancreatic cancer drug may hold promise for lung cancer as well, early study suggests
The FDA has approved daraxonrasib, marketed as Rasonque by Revolution Medicines, for the treatment of metastatic pancreatic cancer
topicNetherlands Moves Gold From New York to London, Citing Geopolitical Unrest
De Nederlandsche Bank moved 86 tonnes of gold bullion, valued at $11.6 billion, from the United States and Canada to the Bank of E
topicWall Street ends lower as higher yields, rising oil prices mark shaky start to September
U.S. stocks closed lower following a strong August jobs report that increased expectations for a Federal Reserve interest rate hik
topicAnthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility
Anthropic has shifted its initial public offering timeline to mid-October while finalizing a $15 billion credit facility. The comp
MU Stock Gains, but the 50-Day Moving Average Is a Mystery
Micron (MU) shares are rising following a recent price pop, though the stock's 50-day moving average remains an area of uncertaint
topicVolkswagen's surprise turnaround deal averts showdown as job cuts loom
Volkswagen is executing a radical overhaul to reduce costs, with the board approving 50,000 additional job cuts and the closure of
topicDutch central bank moves gold bars out of U.S. and Canada, citing ‘crisis preparedness’
De Nederlandsche Bank transferred 86 tonnes of gold bullion, valued at $11.6 billion, from the United States and Canada to the Ban
topicAnthropic Seals $35 Billion Cloud Deal With Nvidia-Backed Lambda
Anthropic has contracted $35 billion in computing power from Lambda, a cloud provider with backing from Nvidia. This agreement aim
topicFord Wants To Somehow Sell 100,000 Ford Fathom EVs In Its First Year
Ford aims to sell 100,000 units of its new Fathom electric midsize pickup during its first year on the market. The vehicle is sche
topicEurope’s Gold Fled the Nazis. Now It’s Fleeing Trump.
The Dutch central bank has transferred 86 tonnes of gold from the United States to Britain. Officials describe the shift as a cris
topicFDA Announces Recall of Berries Sold in 16 States for Potential E. Coli Contamination
The FDA has expanded a recall of frozen berries sold at Walmart stores in 16 states due to potential E. coli contamination. The re
topicZscaler Stock Falls After Earnings. How It’s Bidding to Join the Ranks of AI Winners.
Zscaler shares fell 4% after the company reported an earnings beat and soaring revenue driven by AI, but issued a fiscal 2027 outl
topicUS nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
The US economy added 162,000 nonfarm payroll jobs in August, significantly exceeding market expectations and nearly tripling Wall
topicFederal judge sides with Oregon’s recycling law
A federal judge in Portland ruled that Oregon's 2021 recycling law does not violate the U.S. Constitution. The court rejected chal
topicWarsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
Federal Reserve Chairman Kevin Warsh remains in a difficult policy position after adopting a hawkish stance on inflation. Warsh ha
topicFord Wants Its $30,000 EV Truck To Do Something Only Tesla Has Done
Ford aims to sell 100,000 units of its new Fathom midsize electric pickup in its first year, a milestone previously achieved only
topicLabor Day marks the start of 'fallcations' as wealthy travelers avoid summer crowds
Affluent travelers are increasingly scheduling vacations for autumn to avoid summer crowds, a trend termed "fallcations." This shi
topicFICO Parent Fair Isaac and Credit Bureaus Sink. Bill Pulte Is Behind the Drop.
Fair Isaac Corp. shares dropped between 16% and 21% after FHFA Director Bill Pulte ordered Fannie Mae and Freddie Mac to approve V
topicBrooks, Le Creuset and More of Our Favorite Brands Are Up to 80% Off at Amazon This Labor Day
Amazon and various retailers are offering Labor Day discounts reaching up to 80% on brands including Brooks and Le Creuset. Tech d
topicSam Altman apologizes for ‘messy’ GPT-6 Astra rollout that’s locked out paying users
OpenAI CEO Sam Altman apologized for a "messy rollout" of GPT-6 Astra after the launch locked out paying users. The new model, whi