Business

Google plans to spend big as AI race with rivals intensifies

Alphabet executives struck a confident tone on Wednesday’s post-earnings call, signaling that Google’s heavy investments in artificial intelligence are now translating into real revenue growth across the business. The call was the first since Google released its Gemini 3 model, which has boosted user engagement and helped the company regain…

January layoffs rose to the highest level for the month since 2009

U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the…

Bahama Breeze to close all its restaurants

Darden Restaurants announced on Tuesday that it will close its Bahama Breeze chain after nearly 30 years in operation. The Orlando-based company said it will permanently shut down 14 of Bahama Breeze’s 28 restaurants, while converting the remaining locations into other Darden brands.Restaurants designated for permanent closure will continue operating…

Amazon’s Ring expands AI-powered network to help locate lost dogs

Amazon’s Ring is rolling out an AI-powered feature designed to help locate missing dogs by scanning footage from neighborhood security cameras – and it’s now available nationwide, even to people who don’t own the company’s devices. The expansion opens one of Ring’s core features to non-customers for the first time,…

Delta flight abruptly makes midair U-turn after smoke reported from engine

Authorities told FOX Business Wednesday that a Delta Air Lines flight was forced to turn back Tuesday after an engine issue was detected shortly after takeoff in Texas. Fire department officials confirmed that crews reported smoke coming from one of the aircraft’s engines.  Delta Air Lines said flight 1676 took off…