Amazon Plans 16,000 Corporate Layoffs as A.I. Investment Accelerates
Amazon said it will cut about 16,000 corporate jobs, its second major round of layoffs since October, as part of a broader effort to reduce management layers.
Seth Goldstein, Senior Equity Analyst at Morningstar, examines Tesla’s new Roadster, SpaceX merger speculation and the race to make robotaxis profitable.
Antoine Marcel, founder and CEO of Flourish Robots, discusses how its AI-powered robot could transform household chores and bring home robotics to the masses.
Chris Stafford, haunted house expert and CEO of Thirteenth Floor Entertainment, reveals the business behind Halloween’s biggest scares and immersive attractions
Efraim Grinberg, Chairman and CEO of Movado Group, discusses keeping iconic watch brands relevant, expanding its portfolio and reaching a new generation.
Artificial intelligence company Anthropic is asking a full federal appeals court in Washington, D.C., to reconsider a ruling upholding the Pentagon’s decision.
Bank Of America is facing more than 1.2 billion dollars in penalties after federal regulators found major failures in its anti-money-laundering controls.