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- [[Los Angeles Times]]
- Troubled AI startup files for Chapter 11
- CHARACTER.AI faces lawsuits alleging its platform’s chatbots harmed children.
- UMG axes execs as part of cost cuts
- THE CUTS aim to save Universal Music Group about $270 million a year.
- Sonoma winery to close tasting room
- Social Security payees say 3.6% cost-of-living boost isn’t enough
- THE PRESIDENT speaks alongside agency commissioner Frank Bisignano.
- Troubled AI startup files for Chapter 11
- [[USA Today]]
- GRANT BEEFS UP FOOD BANKS
- John Deere Foundation will help expand food sourcing and distribution
- The John Deere Foundation has committed $18.5 million to food banks and initiatives across the United States to help fight food insecurity, and build stronger connections between farmers and food systems. ● More than $13 million of the donation will go toward food security efforts in Iowa, directly connecting over 100 farmers with regional food banks, according to a release from the foundation. ● One of the Iowa initiatives supported by the donation is called Farm to Food Bank, which will support three food banks in connecting with local producers. ● The food banks are part of Feeding America, a nonprofit organization that coordinates over 250 food banks across the country. The nonprofit will receive $17 million over three years to expand food sourcing capacity and strengthen distribution across its network, the release stated.
- “People who are well-fed ... can contribute to their communities, and our communities are stronger for it.” Annette Hacker chief communications and strategy officer at Food Bank of Iowa
- Demand grows for Arizona copper
- Environmental concerns raised amid production
- Kroger memo says grocer to cut 3,000 corporate jobs
- GRANT BEEFS UP FOOD BANKS
- [[The New York Times]]
- Trump’s Latest Effort to Fire a Fed Official Underscores Political Motives
- President Trump tapped his political appointees to determine whether he could oust Lisa Cook, a Fed governor he had already tried to oust.
- A committee formed by President Trump will decide the fate of a Federal Reserve official he has already tried to fire.
- How American Retirees on Different Incomes Rely on Social Security
- Social Security funds are on track to run short by 2032, which would mean a reduction in benefits. Here’s how four hypothetical households rely on the program in retirement.
- Musk Blames Tycoon for Stalling Satellite Internet Access in India
- As Starlink seeks permission to operate in India, a recent protest in New Delhi showed how quickly authorities can cut off mobile internet access.
- During a weekend of protest, Elon Musk argued that his rivals were trying to protect a “monopolistic chokehold on the Indian people” by keeping out Starlink.
- Social Security Says Retirees Will Get a 3.6% Raise for 2027
- The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January.
- A Social Security Administration office in Jamaica, Queens.
- Trump’s Latest Effort to Fire a Fed Official Underscores Political Motives
- [[Wall Street Journal]]
- AI Feeds Banks’ Earnings
- Deal advice rakes in fees as wealth units attract draw new millionaire clients
- American Style Shapes China’s Cars
- LI Auto revealed a feature-rich five-seat SUV at the Paris Motor Show. Chinese cars aren’t available for sale in the U.S.
- General manager Zhao Fei said Changan Group, China’s fourth-largest automaker, plans 1.5 million exports by 2030.
- Netflix Unveils Steepest Staff Cuts Since 2022
- UBS Mulls Leaving Switzerland As Tougher Capital Rules Weighed
- Rate-Hike Worries, AI Jitters Sink Stocks
- Apple’s Market Cap Tops $5 Trillion Mark
- AI Feeds Banks’ Earnings
- [[Financial Times]] 영국에 위치한 니케이 소유 회사입니다.
- Netflix to slash 1,000 jobs as growth concerns mount and share price slides
- Netflix is cutting about 1,000 jobs, its largest lay-off in four years, as the streaming group grapples with a declining share price and mounting pressure to boost engagement on its platform.
- Netflix has not had a hit this year to rival previous breakout shows such as ‘Wednesday’
- Labour’s inheritance tax toll is mounting on UK family businesses
- Despite a partial U-turn, family companies continue to campaign for a complete reversal in the forthcoming Budget
- BofA profits drop 17% after $1.2bn penalty from Treasury
- ▸ US bank’s net income falls to $6.9bn ▸ Laundering and sanctions violations
- 'Financial institutions are on the front lines of protecting our economic and national security'
- Berkshire adds $330mn to Bending Spoons stake
- Berkshire Hathaway has ploughed a further $330mn into Bending Spoons, sending shares in the the technology conglomerate that owns AOL, Eventbrite and Vimeo soaring.
- Netflix to slash 1,000 jobs as growth concerns mount and share price slides
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