Business

Mass layoffs hit Texas-based tech giant in AI pivot – MySA

Mass layoffs hit Texas-based tech giant in AI pivot  MySA Indeed and Glassdoor are cutting over 1,000 jobs. The CEO overseeing both companies says ‘we must adapt’ to AI  Fortune Austin-based Indeed laying off roughly 1,300 workers  KVUE Job search giants cut 1,300 roles as parent doubles down on AI  San Francisco Chronicle Another company with Texas ties is slashing hundreds of jobs  Chron Source …

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Five Themes for Investors to Watch as Earnings Season Kicks Off

Five Themes for Investors to Watch as Earnings Season Kicks Off

(Bloomberg) — In just three months, US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America’s report cards justify the optimism priced into equity markets. Most Read from Bloomberg Expectations aren’t high: Wall Street is bracing for the weakest earnings season since mid-2023. Analysts see second-quarter profits on the …

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Tesla Applies in Arizona and Creates Job Postings

Tesla Applies in Arizona and Creates Job Postings

July 12, 2025 By Karan Singh Tesla is moving to aggressively expand its Robotaxi Network at a rapid pace, with new information revealing that an expansion into Arizona is imminent, pending, of course, regulatory approval. Tesla has already begun looking at building out the program to other cities, just weeks after the launch of its pilot program in Austin, Texas. …

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Benzinga Bulls And Bears: Nvidia, Tesla, Carvana — And Trump Amps Up Tariff Talk

Benzinga Bulls And Bears: Nvidia, Tesla, Carvana — And Trump Amps Up Tariff Talk

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. markets closed this week at record highs, driven by Nvidia NVDA surpassing a $4 trillion market cap — the first ever, marking a historic milestone — amid easing global tensions and broad AI enthusiasm. President Donald Trump‘s …

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Bitcoin Retail Traders Scarce as BTC Hits Highs

Bitcoin Retail Traders Scarce as BTC Hits Highs

Bitcoin has reached consecutive record highs this week, yet retail investors seem reluctant to jump back into the market, according to a crypto researcher. However, demand for spot Bitcoin (BTC) exchange-traded funds (ETFs) is surging, with Thursday and Friday recording daily inflows of over $1 billion, the first time this has happened on two consecutive days. Bitcoin leg up “driven …

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Trump’s new tax cuts include break for auto loans

Trump’s new tax cuts include break for auto loans

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans. The new tax break will be available even to people who don’t itemize deductions. But there are some caveats …

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American adds 3 new routes in big Latin America expansion

American adds 3 new routes in big Latin America expansion

American Airlines will give winter-weary travelers some warm-weather escapes later this year. The Fort Worth-based airline announced this week that it would add three new routes across Latin America for the winter season. The new flights include service between Chicago and two destinations in Mexico: Mexico City and Queretaro. American will also add service between Philadelphia and Santo Domingo, Dominican …

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Vietnam got an early trade deal with Donald Trump. Was it worth it? – Financial Times

Vietnam got an early trade deal with Donald Trump. Was it worth it? – Financial Times

Vietnam got an early trade deal with Donald Trump. Was it worth it?  Financial Times Vietnam thought it had a deal on its US tariff rate. Then Trump stepped in.  Politico Trump Targets ‘Transshipments’ in Trade Negotiations. No One Is Sure What It Means.  Barron’s Vietnam plans new penalties for illegal transshipments after Trump deal, documents show  Reuters Vietnam Surprised by Trump Tariff Decision, …

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