Posts with tag: technology
Starbucks plans to cut jobs in a move to enhance efficiency amid its turnaround strategy led by CEO Brian Niccol, targeting corporate support roles rather than in-store employees.
Published on: January 17, 2025, 11:01 PM UTC
Bank of America to Award Stock to Most Employees Following Strong 2024 Performance
Published on: January 17, 2025, 11:01 PM UTC
ChatGPT maker OpenAI to launch enhanced reasoning AI model o3 mini in coming weeks, CEO says.
Published on: January 17, 2025, 11:00 PM UTC
Donald Trump's energy policy favors fossil fuels, but green energy has boomed since he took office. Despite political headwinds, private sector investment in green energy is increasing due to growing demand and incentives.
Published on: January 17, 2025, 10:03 PM UTC
GM faces a potential recall of 877,710 SUVs and trucks for engine failure, according to an NHTSA investigation. The issue affects vehicles equipped with the L87 engine, a 6.2L V8 used in models like the Chevrolet Silverado and Suburban.
Published on: January 17, 2025, 08:02 PM UTC
The US government's debt is projected to exceed record levels set after World War II within four years, despite lowering deficit projections for the next decade. The CBO's estimates exclude revenue losses from President-elect Trump's tax plans.
Published on: January 17, 2025, 08:01 PM UTC
Medicare will negotiate prices for 15 drugs, including Novo Nordisk's Wegovy, potentially expanding access to GLP-1 drugs for seniors but not addressing affordability issues for all patients.
Published on: January 17, 2025, 08:00 PM UTC
Retailers are bracing for potential tariffs from President-elect Donald Trump, with discount chains, footwear brands, and big box stores likely to be impacted. Dollar Tree, Five Below, and footwear giants like Adidas and Nike could face significant price increases if tariffs are imposed.
Published on: January 17, 2025, 07:48 PM UTC
US government debt on track to surpass record levels set after World War II in just four years, CBO warns. Higher yields on Treasury securities mean the US is paying an increasing amount to service its debt, with net interest payments expected to reach 3.2% of GDP in 2025.
Published on: January 17, 2025, 07:47 PM UTC