Dropbox to lay off 500 employees, or about 16% of its workforce
Dropbox is laying off 500 employees, or about 16% of its workforce, the company said.
Southwest scales back 2023 hiring because of Boeing aircraft delays
Southwest expects to receive only 70 Boeing 737 Max planes this year, down from 90.
Shares of this Swedish EV maker could nearly double, Cantor Fitzgerald says
A severe selloff represents a long-term buying opportunity in this stock.
DeSantis dismisses Disney lawsuit over loss of self-governance as ‘political’
The Florida governor’s pushed back at Walt Disney Co.’s lawsuit over the revocation of its self-governing privileges, which alleges DeSantis and other officials engaged in a “targeted campaign of government retaliation.”
Americans are saving far less than normal in 2023. Here’s why
The U.S. personal savings rate fell in 2022 after excess savings from pandemic stimulus bolstered deposits. The slowdown could introduce economic headwinds.
How to set up a budget: An easy guide for college students and recent grads
If you’re a college student or recent grad, you need a budget. It will help ensure you have money for essentials — and the fun stuff! Here’s how to get started.
Amazon stock dips as uncertain cloud outlook overshadows revenue beat
Amazon reported first-quarter sales on Thursday that beat analysts’ estimates.
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Gross domestic product was expected to increase at an annualized pace of 2% in the first quarter, according to Dow Jones.
Musk met with Schumer and other lawmakers to discuss A.I. regulation
The meeting comes after Schumer recently launched an effort to develop a new framework to foster the technology while mitigating its biggest risks.
Il Makiage parent Oddity buys biotech startup Revela to design new molecules for beauty products
The company will use AI-based molecule discovery, a common tool in pharmaceutical drug development, to target cosmetics pain points like hair loss and aging.
