Apple’s AI chief abruptly steps down
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since 2018, where his official title was…
Editor’s Pick
27 posts
Airbus says most of its recalled 6,000 A320 jets are now modified
PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines…
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows a lawsuit filed in Michigan by…
Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on…
Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of…
Bargain hunters drive Walmart sales and outlook higher
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it…
U.S. added 119,000 jobs in September, but there are signs of a weakening labor market
The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details…
What AI bubble? Nvidia’s strong earnings signal there’s more room to grow
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in…
Longtime Walmart CEO to step down in January
Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to some given the company’s success in a rapidly…
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended…