Author: franperez66q@protonmail.com
Uber CEO Dara Khosrowshahi answers audience questions during a recording of the “On With Kara Swisher” podcast at the Johns Hopkins University Bloomberg Center on December 15, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesUber is slashing 23% of jobs in its people division as it seeks to streamline operations under the direction of new president Jill Hazelbaker.CEO Dara Khosrowshahi said in a memo that the “changes are necessary to maximize the effectiveness of the People team and the enormous potential ahead of us.”The affected segments include recruitment and human resources staff. Uber did not disclose the number of…
DoubleLine manager sees AI debt bubble as almost certain Source link
The estimated size of the Ebola outbreak in the Democratic Republic of the Congo has fallen by hundreds of cases as outbreak response efforts have ramped up and increased testing has ruled out illnesses. On Tuesday, a representative for the World Health Organization confirmed to Reuters that Congolese authorities are now reporting 437 cases in the DRC, including 321 confirmed cases and 116 suspected. That’s a significant difference from the case count the WHO relayed Friday, which totaled 1,041 cases, including 135 confirmed cases and 906 suspected. Over the weekend, the director-general of the Africa Centres for Disease Control and…
No legislation on welfare reform was announced in the King’s Speech. Source link
Wednesday is garbage day where I live, and because of how recycling works here, we have four separate bins. One for solid waste, one for “containers” – bottles and cans, one for compost (grass clippings basically), and one for paper. These last two are the largest, but even so, somehow the one for paper is never big enough. We get everything delivered now, and everything delivered comes in a box. Sure enough today, no matter how much I folded and stuffed, a lot of the cardboard ended up next to the paper bin when there was no more room in…
Here are the companies making headlines in midday trading. Quantum computing stocks – A slate of quantum computing plays slid Wednesday as investors cashed out after shares rallied in the prior session. Rigetti Computing lost 10%, D-Wave Quantum fell 7%, and IonQ fell 4%. IBM , which recently announced plans to invest more than $10 billion toward quantum computing, lost more than 7% and weighed on the Dow Industrials. GameStop — Shares of the brick-and-mortar video games retailer gained 6%. GameStop reported first-quarter revenue of $835.3 million, reflecting a 14% gain from a year earlier. The company’s board also approved…
Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debut Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks fell on Wednesday as crude oil climbed back above $95 a barrel following renewed airstrikes between the U.S. and Iran. “Every time oil spikes, interest rates go up, and we have a bad market,” Jim said. Financials were the worst-performing sector, as higher bond yields pressured rate-sensitive stocks and revived concerns about private credit. Artificial intelligence and technology names also weighed on the broader market. Jim noted that if the S & P…
Scott Bessent, US treasury secretary, during a Senate Finance Committee hearing in Washington, DC, US, on Wednesday, June 3, 2026. Eric Lee | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent said Wednesday that he is “performing the duties” of Internal Revenue Service commissioner, even as he insisted he is not the agency’s acting commissioner, during a heated Senate exchange over President Donald Trump settlement with the IRS.Bessent, who had been the acting IRS commissioner since August, took over the commissioner duties in a little-noticed move two and a half months ago, the agency said in a post on its website…
Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesMore frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data.Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a real estate brokerage. That ties with December for the highest share of homes delisted since March 2020, when the pandemic hit and the housing market froze. Delistings in April were up 3.8% compared with March. The increase comes as higher mortgage rates, elevated gas prices and weaker…