China S Big Banks Cut Deposit Rates Signaling Monetary Easing Ahead
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Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Tiger (77) has 2 triple-bogeys, misses cut at PGA
After posting his 11th consecutive round of par or worse in a major championship with a 6-over 77 in the second round of the PGA Championship, Tiger Woods is headed home on the weekend again.ESPN - Sports - Golf -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Chelsea’s 2023-24: player ratings for Women’s Super League title winners
From Hannah Hampton to Maika Hamano we look at the players who won Chelsea their fifth consecutive league title . Hannah Hampton Brought in from Aston Villa in the summer, it looked as if she would have to settle for little game time with two more ...The Guardian - World - NFL -
House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Companies warn against immigration cuts as Trump plans crackdown
Business groups say US economy remains dependent on foreign workers as migration becomes election issueFinancial Times - World - Donald Trump -
Ship Freight Rates Soar as Red Sea Diversions Become a Norm
Cargo owners and shipping lines expect disruptions for the rest of the year, adding time and costs to ocean routes.The Wall Street Journal - World -
Target to cut prices on 5,000 items in bid to lure cash-strapped customers
Target joins other retailers and other major businesses moving to slash prices as inflation-weary consumers grow thriftier.CBS News - Top stories -
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.CBS News - Top stories - Mortgage -
Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul
The Australian telecommunications company plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.The Wall Street Journal - World -
What to Know About IP Ratings Before Your Phone Gets Wet
Just how resistant is your smartphone to dust and water?Wired - Tech -
Robinhood introduces lower margin rates in bid to wow advanced traders
Robinhood announces new margin rates.MarketWatch - Business -
CD interest rate forecast for summer 2024: Everything experts predict
CD rates might experience some changes this summer, experts say. Here's how — and why.CBS News - Top stories -
Pixar layoffs are underway. About 175 jobs are being cut
Famed animation studio Pixar is laying off 14% of its staff as part of a round of cutbacks that had been signaled in January.Los Angeles Times - Entertainment -
Biden takes credit for Target grocery price cuts: 'They're answering the call'
Target announced price cuts on roughly 5,000 items, which Biden says is because of his administration's pressure campaign.CNBC - Business - Joe Biden -
Pixar to Cut 14% of Workforce in Shift Away From Streaming Series
The animation studio behind hits like “The Incredibles” and “Toy Story” will focus on producing feature films.The Wall Street Journal - World -
Orlando Museum of Art Gets a Gift With Strings and Tries to Cut Them
The museum has asked a Florida court to modify restrictions on a donor’s bequest amid a financial crisis in the wake of its failed, “fake” Basquiat show.The New York Times - Top stories -
Interest Rate-Driven Debt Distress Creates 'Rifle-Shot' Opportunities
Economic expansion buoys businesses and requires more precision by investors in troubled credit, investors say.The Wall Street Journal - World -
Hogan Backs Codifying Roe, Tacking Left on Abortion Ahead of a Tough Race
The former two-term Republican governor, who vetoed legislation in Maryland to expand abortion access, called himself “pro-choice” in an interview and said he would back a federal law to ensure access to the procedure.The New York Times - Top stories - Abortion -
Pro-cannabis advocates in Thailand rally ahead of the government's plan to recriminalize the plant
Dozens of pro-cannabis advocates in Thailand gathered at the health ministry on Thursday to oppose the government’s plan to relist it as narcotics, two years after it was decriminalizedABC News - World -
Best Buy has a huge sale on TVs ahead of Memorial Day
Save hundreds on TVs from top brands like Samsung, LG, TCL and more with Best Buy's pre-Memorial Day deals.CBS News - Top stories -
Trump and Biden hone their messages ahead of the first debate and stretch run
A little more than a month before they debate and less than six months before voters go to the polls, Biden and Trump are clarifying their overarching messages to voters.NBC News - Top stories - Joe Biden -
Why Microsoft is still ahead of Google in the war for AI developers
Google, despite its technical prowess, will need to double down on its efforts to simplify and streamline its AI offerings for developers if it hopes to catch up.VentureBeat - Tech - Google -
Best lawn mower deals to shop ahead of Memorial Day
Discover the best pre-Memorial Day deals on lawn mowers you can take advantage of right now.CBS News - Top stories -
Morehouse College prepares for possible disruptions ahead of Biden's commencement address
President Biden is set to deliver a commencement address at Morehouse College, and the historically Black college is preparing for possible disruptions as protests over Mr. Biden's handling of the Israel-Hamas war have continued on college ...CBS News - Top stories - Joe Biden -
Can Schauffele hold on? Looking ahead to Friday at the PGA Championship
Xander Schauffele enters the second round in the lead, while some LIV golfers look to build on strong starts.ESPN - Sports -
Scheffler Detained by Police Ahead of PGA Championship Second Round
Scottie Scheffler, the world’s top-ranked golfer, was handcuffed and put in the back of a police car about two hours before his scheduled second-round tee time at the PGA Championship, held at the Valhalla Golf Club in Louisville, Ky. Scheffler ...Yahoo Sports - Sports -
Leap Into The Lore Of Assassin's Creed Ahead Of Shadows With These Discounted Books
If the full reveal of Assassin's Creed Shadows has you excited for the next entry in Ubisoft's long-running stealth-action series, several cool books focused on the Assassin's Creed universe are on sale for solid prices at Amazon.. The Making of ...GameSpot - Tech -
Americans split on abortion pill restrictions ahead of Supreme Court ruling
Americans are split on whether women should be required to have an in-person visit with a doctor before receiving abortion pills ahead of the Supreme Court ruling that will determine access to mifepristone, one of the two drugs used in medication ...The Hill - Politics - Abortion -
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.CNBC - Business -
Trump demands drug test for Biden ahead of first debate
Former President Trump said he wants President Biden to be drug-tested before their first debate. “I'm gonna demand a drug test too, by the way,” Trump said at the Minnesota Republican Party’s Lincoln Reagan Dinner Friday. “I am, no I really am. I ...The Hill - Politics - Joe Biden -
Hacker attack fears grow ahead of Taiwan presidential inauguration
Yahoo News - World - Taiwan -
European far-right leaders gather ahead of EU elections
Le Pen, Orbán and Meloni rail against socialism and ‘massive illegal migration’ at ‘great patriotic convention’ in Madrid. International far-right leaders, including France’s Marine Le Pen, Hungary’s Viktor Orbán, Italy’s Giorgia Meloni and ...The Guardian - World - European Union -
Airbnb CEO discusses what’s in store for the company ahead of summer travel season
Airbnb CEO Brian Chesky sat down with NBC News’ Hallie Jackson ahead of the busy summer travel season to discuss what’s in store for the company and respond to recent concerns from customers over fees and higher prices.NBC News - Top stories -
What to know ahead of this week's House v. NCAA settlement votes
Major college sports are set to shift this week to give athletes a significantly larger portion of the billions of dollars they help generate for their schools.ESPN - Sports -
The bestselling collagen powder on Amazon is discounted ahead of Memorial Day
Save on celebrity and athlete-loved collagen peptide brand Vital Proteins at Amazon ahead of Memorial Day.CBS Sports - Sports