Business

Scale AI lays off 14% of staff, largely in data-labeling business

Scale AI lays off 14% of staff, largely in data-labeling business

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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Faced with geopolitics and trade war, US companies in China report record-low new investment plans

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 …

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Trump says Coca-Cola will swap corn syrup for cane sugar in US

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, …

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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 …

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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 …

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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 …

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Trump and the Energy Industry Are Eager to Power AI With Fossil Fuels

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 …

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