Disney president says layoffs 'extremely painful' but necessary
The Walt Disney Company's President Dana Walden said on Thursday that the company's layoffs were "extremely painful" but necessary for its survival."It is extremely painful," she added.
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Exclusive-Anthropic's IPO prospectus shows sweeping AI vision, surging costs
Sept 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 to get there will be staggering.
AI’s Wobbly House of Cards Puts Markets and US Economy at Risk
(Bloomberg) -- The heads of America's leading AI development labs have started a national conversation about tapping the brakes on a technology that's offering so much promise for society, while at the same time showing it can do a frightening amount…
Oil Jumps at Week’s Open as US Military Hits Iranian Launchers
(Bloomberg) -- Oil surged after fresh fighting flared up in the Strait of Hormuz, highlighting risks to flows from the Middle East after months of conflict. Reliance-Owned Firm Buys Lutyens Bungalow For $37 Million Forget GLP-1 Stocks, Baldness Drugs Are Wall Street's…
Feminism didn't kill the male breadwinner model, the economy did
The discourse around young men's place in the world is frustrating. On the one hand, the idea that men may genuinely be having a harder time of it is often summarily dismissed. On the other, for many young men, the…
Billionaire tax or not, California still dominates venture funding
Despite threats of a billionaire exodus and consistent complaints about the difficulty of doing business in California, it attracted three times more venture funding this year than every other state combined. The Golden State has attracted $366 billion, or around 90% of…
Executive Home Care Launches Third Annual Roses for Resilience Campaign To Honor Seniors
National Senior Citizens Day initiative delivers thousands of moments of connection to older adults nationwide SCOTTSDALE, Ariz., Aug. 17, 2026 /PRNewswire/ -- In celebration of National Senior Citizens Day on Aug. 21, Executive Home Care, a leading provider of in-home care services, is launching…
The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers' Favor
Redfin reports sellers outnumbered buyers by 51% in July—just shy of December's record high—giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer's markets, led by Miami, Nashville and a trio of Texas cities SEATTLE,…
US Set to Pay Most for 30-Year Debt in Quarter of a Century
(Bloomberg) -- The US government is about to sell 30-year bonds at the highest interest rate in a quarter of a century, after a historic selloff that has stirred speculation the nation will tilt borrowing further toward short-dated maturities. Walter Sells…
California calls Paramount's threat to leave state 'blackmail"
California accused Paramount of "blackmail" on Tuesday over a reported threat to pull the company out of the state because of lawsuits aimed at stopping its mega-merger with Warner Bros. A dozen US states have launched legal action to block…