Business
Kroger is planning to eliminate approximately 3,000 corporate positions over the next three years as the grocery giant expands its use of artificial intelligence and looks to cut costs, according to a report. The planned cuts would affect roughly 37% of Kroger’s approximately 8,200 corporate employees, Reuters reported Monday, citing…
BlackRock expands skilled trades push with new financial wellness partnership for 75,000 apprentices
SaverLife on Tuesday announced the launch of a customized version of its financial wellness app designed to support skilled trades workers through a partnership with BlackRock. The app was funded by The BlackRock Foundation through its Future Builders initiative, which aims to support workforce development, and the SaverLife x BlackRock…
Six Flags has temporarily closed multiple roller coasters at amusement parks across North America as a precaution following a fatal incident at Six Flags Over Georgia that left one person dead and others injured. The closures affect major attractions in California, New Jersey, Illinois, Ohio, North Carolina and Canada, with…
Elon Musk accused rival Waymo’s driverless cars of being “pet destroyers” as he touted a Tesla robotaxi update designed to spot animals in some of the toughest nighttime driving conditions. The Tesla CEO made the remarks during a Tesla Owners of Silicon Valley livestream Saturday as he discussed testing the…
Microsoft President Brad Smith highlighted the need for global regulation of artificial intelligence (AI) in a new interview, saying that AI currently faces lighter safety requirements than milk. Smith said in an interview with the BBC that was published Monday that there’s a need for a global set of AI…
IM8, a premium health and longevity brand co-founded by David Beckham, has been endorsed by one of the best basketball players in the world: Miami Heat’s Giannis Antetokounmpo. Now, the NBA is naming the fast-growing brand its official nutrition partner in Australia and Southeast Asia.The NBA and IM8, which is…
A North Carolina man was sentenced to 18 months in prison after prosecutors said he used AI, or super intelligence, to create music and thousands of bots to fraudulently collect more than $8 million in streaming royalties. Michael Smith, 54, of Cornelius, North Carolina, pleaded guilty in March to one…
Americans facing high housing costs could see some normalization of prices in the years ahead, though a new report cautions that the timeline varies widely based on market dynamics and across different metro areas. Redfin released an analysis last week which found that housing costs could hypothetically return to “normal”…
Starbucks is putting an end to speculation that it could acquire burrito chain Chipotle Mexican Grill. A Starbucks spokesperson confirmed to FOX Business on Monday that the coffee giant is not buying Chipotle following a report that it had explored a potential deal.”Our team is laser focused on executing our…
Pickleball facility franchisor The Picklr has filed for Chapter 11 bankruptcy protection as the company seeks to reorganize after what its founder acknowledged was a costly business mistake tied to early lease guarantees. The indoor pickleball company filed late Friday in the U.S. Bankruptcy Court for the Northern District of…