Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
Meta announces new smart glasses starting at $299, as Zuckerberg keeps pushing wearables
Meta executives have said they see the lightweight smart glasses as a step towards a more advanced device that includes screens in the lenses.
SpaceX drops more than 3% following $400 billion selloff
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
SpaceX drops more than 3% following $400 billion selloff
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
Meta’s WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
Companies are demanding states cut red tape. Data center-wary voters may think differently
Pennsylvania Gov. Josh Shapiro touted a $20 billion economic development deal last June, the state’s largest ever. It’s caused Shapiro no shortage of grief.
Companies are demanding states cut red tape. Data center-wary voters may think differently
Pennsylvania Gov. Josh Shapiro touted a $20 billion economic development deal last June, the state’s largest ever. It’s caused Shapiro no shortage of grief.
Alan Greenspan, former chairman of the Fed, dies at age 100
Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.
‘Albania is not for sale’: Protests grow over Kushner-linked luxury development project
The primary focus of the unrest is a proposed multi-billion-euro tourism project on Albania’s Adriatic coast.
