Volkswagen's Model Is In Crisis. Its Porsche Unit Will Shed 20% Of Its Jobs Over The Next Decade
Volkswagen's Porsche is set to shed about 20% of its jobs over the next decade, the company announced.
A Wall Street Firm Just Turned Bullish On Ford And GM. It Believes Gains Could Be As High As 22%
Jefferies has upgraded both Ford Motor and General Motors to "buy," arguing that improving earnings trends and stronger operating performance have created more attractive opportunities for investors.
Two of OpenAI's Models Went Rogue and Hacked Another Company. They Were Also 'Active on the Internet' for Days
Two of OpenAI's cybersecurity-focused artificial intelligence models remained active on the open internet for several days after escaping a testing sandbox and hacking AI platform Hugging Face in an attempt to cheat on a security benchmark.
Trump's Tariffs Are Targeting Indian Drugmakers. Americans Could Soon Pay More for Generic Medicines, CEO Warns
Erez Israeli, CEO of Dr. Reddy's Laboratories, said that President Donald Trump's proposed tariffs on imported generic medicines would inevitably translate into higher prices for patients.
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Survey Reveals Corporate America's AI Divide: Performative Adopters vs. Value Creators
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Washington Is Weighing Curbs On Chinese AI. Nvidia, Microsoft And Meta Warn Open Models Shouldn't Be Included
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Intel Posts Fastest Revenue Growth in Nearly 15 Years on AI Boom. But The Stock Still Fell
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Oil Has Topped $100 As The Iran War Escalates. Now Analysts Say Gas Prices Could Surge Even Higher
More news
The World's Oil Tankers Are Seeking To Flee Hormuz. The Bill Is $2.5 Million Per Ship
The combined disruption of the Strait of Hormuz and the Bab el-Mandeb is forcing some shipments to take a circuitous route around Africa's Cape of Good Hope, making voyages longer and $ 2.5 million more expensive.
Volkswagen Missed Its Profit Forecast, Deepening Its Crisis. CFO Says 4% Margin Is a 'Wake-Up Call'
Volkswagen reported an operating profit of 3.5 billion euros ($3.98 billion), a decline of nearly 10% from last year and well below analysts' expectations of 4.3 billion euros.
What Is Retargeting – The Ultimate Playbook For Midmarket Online Stores
Retargeting acts as your digital safety net by strategically placing targeted advertisements in front of bounced audiences as they browse other corners of the internet.
AI Was Supposed To Replace Workers. Google's Biggest Study Yet Says That's Not What's Happening
Artificial intelligence is being embraced across a growing number of professions, but it is largely serving as a workplace assistant rather than replacing employees, according to a new study.
Eli Lilly Cleared Two More Trials For Its Next-Generation Obesity Drug. It Will Seek FDA Approval Next Year
After 80 weeks of treatment, obese, non-diabetic participants receiving retatrutide lost an average of 22.6% of their body weight while also showing improvements in several cardiometabolic risk factors.
SpaceX's Stock Has Tumbled Below Its IPO Price. Short Sellers Betting Against It Are Up Billions
According to data from analytics firm Ortex Technologies, short sellers have continued to increase their bearish wagers against SpaceX even after the stock's steep decline.
Warner Bros.-Paramount Merger Is Temporarily Blocked in the United States. EU Regulators Just Cleared It
European Union antitrust regulators have approved Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, clearing one of the transaction's biggest regulatory hurdles.
Alphabet And Tesla Are Betting Hundreds Of Billions On AI. Their Shares Are Plummeting
Both Tesla and Alphabet reported negative free cash flow for this quarter, but assured investors that this was to be expected due to their investments in AI. Their stocks are plummeting anyway.
Ozempic And Wegovy May Boost Workplace Productivity: New Study Links GLP-1 Drugs to a 17% Drop in Sick Days
A new economic study suggests that GLP-1 medications like Ozempic or Mounjaro could reduce employee sick leave, potentially saving money for both businesses and governments while improving workplace productivity.
America's Car-Mart Ran Out Of Cash, Not Customers, After Wrong Turn On Wall Street
America's Car-Mart's cash crunch shows how higher interest rates and financial engineering drove the subprime auto lender toward a cliff.
How Entrepreneurial Thinking Shapes Sheikh Ahmed Dalmook Al Maktoum's Institution
Sheikh Ahmed Dalmook Al Maktoum runs a founder-led model from the UAE, signing directly with governments in Pakistan, Africa and beyond on decades-long terms.
News Corp Is Suing Brave Over AI Scraping As a New Internet Battlefield Emerges
Publishers are increasingly choosing between lawsuits and licensing agreements as AI companies seek access to news content.
Opening A Business At A Young Age: What Frank Berenyi Learned From His First Venture
Frank Berenyi learned the fundamentals of entrepreneurship the way most young founders do: by being responsible for everything, all at once, with no one else to hand the problems to.
AMD Wants A Bigger Piece Of The AI Boom. It's Investing Up to $5 Billion in Anthropic
Advanced Micro Devices is making one of the biggest strategic bets in its history, agreeing to invest up to $5 billion in artificial intelligence company Anthropic.
Amazon Laid Off Employees In Its AI Unit. Its Stock Is Falling
Amazon laid off employees in its artificial intelligence unit even as it continues to spend heavily into the technology.
Nvidia Unveils Vera AI CPU, Taking Aim at AMD And Intel In The Battle For Data Centers
According to Nvidia, the first Vera Rubin processors were delivered to customers in June, including AI companies like OpenAI, Anthropic and SpaceX.
Inflation and Interest Rates' Outlook Ceded After U.S.-Iran Ceasefire. It Is Going Up Again As it Resumes
Investment giant BlackRock estimated that the conflict with Iran is expected to increase global headline inflation by approximately 0.8 percentage points.
The Hidden Networks Behind Brazil's Energy Market
How methanol connects traders, criminal networks, and Russian commodities in Brazil.
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Ukraine Hits Iranian Ship In Crimea As U.S. Investigates Potential Russian Role In Iranian Attacks On CIA Sites
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Oil Plummeted On Hopes Of U.S.-Iran Talks But Chipmakers Dropped. Stocks Were Mixed Overall
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Volkswagen's Model Is In Crisis. Its Porsche Unit Will Shed 20% Of Its Jobs Over The Next Decade
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Tatyana Murray On The Art of Stillness in an Age of Distraction
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OpenAI Wants To Lease a Massive New Data Center. It Is Reportedly Discussing a Backstop Worth Hundreds Of Billions With Nvidia
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Ukraine Wants a Missile Defense Prototype by Next Year. It Could Become an Alternative to U.S. Patriots
