Data-labeling startup Scale AI is laying off 200 employees, roughly 14% of its staff, and cutting ties with 500 of its global contractors, Bloomberg reported on Wednesday. The cuts come just a month after Meta hired Scale AI’s CEO in a $14.3 billion deal. In a memo obtained by Bloomberg, interim CEO Jason Droege told staff that Scale AI had …
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ASML, J&J, Morgan Stanley, Ford, Palantir, Brighthouse, and More Movers – Barron's
ASML, J&J, Morgan Stanley, Ford, Palantir, Brighthouse, and More Movers Barron’s Stocks swing on Trump-Powell drama — plus, an industrial AI name makes a deal CNBC Stock Market, July 16, 2025: Dow ends almost 232 points higher, S&P 500 rises and Nasdaq logs another record after Trump says he isn’t planning to fire Powell MarketWatch London stocks slip after reports that Trump will …
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Read More »Faced with geopolitics and trade war, US companies in China report record-low new investment plans
WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic demand and overcapacity in local …
Read More »Trump says Coca-Cola will swap corn syrup for cane sugar in US
President Donald Trump says Coca-Cola has agreed to use real cane sugar in its drinks sold in the US. Coca-Cola uses corn syrup in its American products, but Trump’s Health Secretary Robert F Kennedy Jr has voiced concern about the ingredient’s health impacts. “I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, …
Read More »United Airlines Earnings Land Wednesday. There’s Less Uncertainty. – Barron's
United Airlines Earnings Land Wednesday. There’s Less Uncertainty. Barron’s United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’ CNBC United Refines Profit Target on Rebounding Travel Demand Bloomberg United Restores Single Outlook As Travel Demand Inches Toward Recovery The Wall Street Journal United Airlines just tweaked its profit outlook for the year. It’s still not enough for the stock. MarketWatch Source …
Read More »Trump says Coca-Cola has agreed to use real cane sugar in Coke – Axios
Trump says Coca-Cola has agreed to use real cane sugar in Coke Axios ‘It’s just better!’ Trump says Coca-Cola will use cane sugar in US drinks BBC President Trump says Coca-Cola will change its recipe NewsNation Trump says Coca-Cola will use cane sugar in US production of Coke Financial Times Trump says he’s convinced Coca-Cola to use can sugar in its U.S. cola CBS News …
Read More »Trump says Coca-Cola agreed to use real cane sugar in US – Reuters
Trump says Coca-Cola agreed to use real cane sugar in US Reuters ‘It’s just better!’ Trump says Coca-Cola will use cane sugar in US drinks BBC Trump says Coca-Cola has agreed to use real cane sugar in Coke Axios Coca-Cola agrees to use cane sugar in US sodas, Trump says USA Today Trump says Coca-Cola will use cane sugar in US production of Coke Financial …
Read More »Trump and the Energy Industry Are Eager to Power AI With Fossil Fuels
The industry is finding a willing partner in the Trump administration. Since taking office, Trump has used AI as a lever to open up opportunities for fossil fuels, including a well-publicized effort to resuscitate coal in the name of more computing power. The summit, which was organized by Republican senator (and former hedge fund CEO) Dave McCormick, clearly reflected the …
Read More »Dollar drops in choppy trading as Trump denies plans to fire Fed's Powell – Reuters
Dollar drops in choppy trading as Trump denies plans to fire Fed’s Powell Reuters Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It. The New York Times Dow adds 200 points, S&P 500 rises in volatile trading as Trump denies he’s firing Powell: Live updates CNBC How Trump could use a building renovation to oust …
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