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Canada-based Thomson Reuters has announced plans to cut up to 500 engineering roles as it accelerates the use of artificial intelligence across its products and internal workflows. The reductions, which amount to just ov…
Nvidia has sharply reduced the number of Asian customers allowed to buy its advanced artificial intelligence chips, cutting more than half of buyers in Singapore, Malaysia and Japan from an approved list after stricter c…
Global oil prices climbed to a one‑month high on Tuesday, July 14, as escalating military conflict in the Strait of Hormuz disrupted maritime traffic through the key energy chokepoint. Brent crude rose 9.6% from the prev…
A new survey released on Monday, July 13, 2026, by outplacement and talent transition firm Careerminds finds that more than 90% of U.S. human resources leaders regret implementing artificial intelligence-driven layoffs. …
U.S. semiconductor shares have come under pressure at the start of July after a powerful rally driven by artificial intelligence demand. The Philadelphia Semiconductor Index has dropped more than 11% since hitting a reco…
Volkswagen Group CEO Oliver Blume has warned staff that the carmaker may need to cut up to 50,000 additional jobs worldwide, according to an internal memo dated July 13, 2026 and seen by multiple media outlets. The poten…
Washington — Federal banking regulators on Monday, July 13, 2026, issued joint guidance that significantly tightens credit standards for borrowers who are not legally authorized to work in the United States, a move that …
California Governor Gavin Newsom signed legislation on July 13 creating state rebates of $3,500 for first-time buyers of new electric vehicles and $1,750 for eligible used EV purchases, establishing a $270 million progra…
Madison, Wisconsin. The Wisconsin Department of Revenue issued updated Streamlined Sales Tax materials — the Taxability Matrix, Certificate of Compliance, and Library of Definitions — finalizing version v2026.0 dated Jul…
Dallas — Texas Capital Bancshares announced on 13th July 2026 that Mo Jamous has joined the firm as Managing Director, Chief Digital and Information Officer. Jamous will lead the bank’s technology strategy, including inf…
Cebolleta, New Mexico — Premier American Uranium Inc. completed a 6,030-foot PQ-core drilling program at its wholly owned Cebolleta Uranium Project and delivered recovered underground resource samples to Hazen Research i…
Atmore Community Hospital in Atmore, Alabama, has filed for Chapter 11 bankruptcy protection as financial pressures on rural healthcare providers intensify. The voluntary petition, submitted to the U.S. Bankruptcy Court …
BATON ROUGE, Louisiana — Meta is dramatically expanding its Hyperion data center project in rural Richland Parish, lifting the planned investment to more than $50 billion and increasing the facility’s capacity to 5GW, th…
South Korean memory chipmaker SK Hynix fell about 15 percent on its main Seoul listing on Monday, one trading day after a $26.5 billion American Depositary Receipt debut on Nasdaq under the ticker SKHY. The company’s ADR…
The estate of late Microsoft co-founder Paul Allen has reached a definitive agreement to sell the NFL’s Seattle Seahawks to investor Vinod Khosla for approximately $9.6 billion, the highest valuation ever for a professio…
United States-based Microsoft’s Xbox gaming division is facing mounting internal and public backlash after announcing workforce reductions that cut about 20% of Xbox staff and shut down five internal studios across its p…
JPMorgan Chase is liquidating more than $160 billion in U.S. equities on Monday, July 13, in a move that sharply reduces its stock market exposure ahead of a pivotal week for Wall Street. The reduction comes just before …
Microsoft is cutting about 4,800 jobs, or roughly 2% of its global workforce, as part of a sweeping restructuring aimed at redirecting resources toward artificial intelligence infrastructure. The move, disclosed in inter…
UNITED STATES – The global crypto derivatives market recorded about $77 million in liquidations over the past 24 hours, with short positions bearing a larger share of the impact than longs, according to Coinglass data pu…
Elon Musk abruptly canceled a highly anticipated live television interview with CNBC on Friday, July 10, 2026, as SpaceX shares fell about 3 percent amid post-IPO volatility. The interview was set for noon Eastern Time o…
In New York, a coalition of major U.S. newspaper publishers has asked a federal judge to impose severe sanctions on OpenAI, accusing the company of deception and evidence destruction in a high‑profile copyright lawsuit. …
United States – The U.S. Department of Commerce has officially eased export restrictions on advanced artificial intelligence semiconductors to the United Arab Emirates, effective immediately. A notice issued on Friday gr…
Portland, Oregon. The Oregon attorney general's office on Tuesday withdrew a court motion to delay Paramount's proposed $110 billion acquisition of Warner Bros, after earlier this week seeking a 60-day pause and court-or…
New York, United States – South Korean memory chipmaker SK Hynix Inc. completed its Nasdaq debut in New York on Friday, July 10, raising $26.5 billion in the largest-ever U.S. initial public offering by a foreign company…
Warren, Michigan. Stellantis is increasing output at two Metro Detroit stamping plants in Warren and Sterling Heights this week, producing body panels and components for Jeep, Dodge and Ram models; the Sterling Heights f…