Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…
Category: Economy
Target rolls back DEI initiatives, the latest big company to retreat
Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...
Trump recommends ending FEMA ahead of California fire site visit
President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…
Alphabet shares close above $200 for first time on split-adjusted basis
Investors are growing more bullish on Alphabet as the company speeds up its AI development. ...
Microsoft’s business development chief Chris Young resigns
Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard…
CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.…
GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq. ...
Can Trump force the hand of NATO allies to spend up to 5% of GDP on defense?
As President Trump looks to fix the issues that irk him the most, the issue of NATO defense spending —…
American Airlines shares tumble as outlook falls short
American forecast a wider than expected loss for the first quarter, sending shares lower. ...