Amazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms. The deals are…
Tag: SYND
Why Your Neighborhood Pharmacy Isn't So Friendly Anymore
CVS and Walgreens pharmacy employees say they are overworked, understaffed, and more liable to make prescription errors due to the companies prioritizing profits. Source link
The UAW’s Next Challenge: Getting Workers to Vote Yes
United Auto Workers leaders bargained for months and called a historic strike before clinching tentative agreements with Detroit’s automakers. Now, rank-and-file workers get the final say. UAW members at local chapters across…
Maersk to Cut 10,000 Jobs as Shipping-Industry Boom Ends
Updated Nov. 3, 2023 8:16 am ET Shipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving the industry with…
Citi to Cardholders: Go Paperless or Else
Some Citigroup credit-card customers are getting a stark warning from the bank: Go paperless or lose access to your online account. Banks and credit-card companies have been nudging customers to give up…
Three Concerns Facing Markets: Economy, Government Spending, the Fed
Wednesday provided a perfect demonstration of the three most important issues facing markets: the economy, government spending and the Federal Reserve. Ten-year Treasury yields posted their third-biggest daily drop since March, when…
Bring Back Corporate Pension Plans. Seriously.
It sounds like an idea frozen in time: Spend your career working at a company and then keep getting checks for the rest of your life. Now rising interest rates could help…
Charlie Munger Will Take Your Questions Now
Charlie Munger still isn’t afraid to call it like he sees it. The Berkshire Hathaway vice chairman and longtime business partner of Warren Buffett spent two hours on a recent morning chatting…
Investors Aren’t Buying Apple’s New iPhone
Compared with its big tech peers inflated by artificial-intelligence hype, Apple seemed to have the lowest bar to clear in the current earnings season. The world’s most valuable company still didn’t quite…
The AI Deals Enriching Silicon Valley’s Tech Giants
Amazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms. The deals are…