Morgan Stanley’s surprise round of layoffs this past week can be summed up in two letters: “A” and “I.” The Wall Street giant’s latest bloodbath was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks. No doubt, some of the employees who were…
WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America’s future. In his State of the Union address less than two weeks ago, the Republican president confidently told the country: “The…
March 8, 2026Updated March 9, 2026, 8:38 a.m. ET Americans have a new beef – a legal one, that is. As more than 11,000 baby boomers now turn 65 years old every day, approximately $124 trillion is expected to shift to younger generations and charities through 2048, according to Cerulli and Associates. Even with financial…
“If you’re in this room, all your family and friends think you’re crazy,” the host calls out. It’s Wednesday night and, along with over 1,300 others (the line wrapped around an entire block), I’m at New York City’s inaugural ClawCon. Here, passionate fans of the personalized AI agent OpenClaw can meet each other and, among…
SUGARLOAF, Pa. (AP) — For John Zola, the 40 acres were like a paradise: apple orchards tucked into northern Pennsylvania’s rolling hills, a barn, meadows and more than enough land for four houses: one for himself and his wife and each of his three adult children. It’s been “hell,” however, since a contractor hired by…
Airline tickets could soon become more expensive as rising oil prices driven by the escalating Middle East conflict begin to ripple through the aviation industry. United Airlines CEO Scott Kirby is already warning that if fuel prices remain elevated, airlines will soon have little choice but to raise fares. Oil prices have surged in recent…
Microsoft says threat actors are increasingly using artificial intelligence in their operations to accelerate attacks, scale malicious activity, and lower technical barriers across all aspects of a cyberattack. According to a new Microsoft Threat Intelligence report, attackers are using generative AI tools for a wide range of tasks, including reconnaissance, phishing, infrastructure development, malware creation,…
New CEO Greg Abel just delivered his first annual letter to Berkshire Hathaway‘s (BRKA 0.39%)(BRKB 0.28%) shareholders, a tradition that former CEO Warren Buffett carried out for the past six decades. The letter was 18 pages and provided a ton of details on how Abel plans to run the company, a detailed overview of all…
The Trump administration’s new national cyber strategy places the security of cryptocurrencies and blockchain technologies within the United States’ broader push to maintain leadership in emerging technology. In a section focused on maintaining “superiority in critical and emerging technologies,” the document states that the government will support the security of “cryptocurrencies and blockchain technologies.” The…
LOS ANGELES (KABC) — Gas prices surged across Southern California this week, with the statewide average climbing above $5 per gallon and some drivers encountering prices more than $8 at the pump. The national average has risen nearly 50 cents a gallon in the week since the war in Iran began, according to AAA. The…
After a brutal fourth quarter in which they somehow managed to lose a staggering $218 million, the Emeryville-based Grocery Outlet is shuttering 36 stores, though these may not be Bay Area stores that are closing. Yes, the cult-favorite, oddball-item, discount grocery store Grocery Outlet Bargain Market is indeed a Bay Area company, their headquarters is…
ATLANTA — A Southwest Airlines flight diverted to Atlanta Friday night over a possible security concern, but investigators later determined there was no credible threat, according to the Federal Bureau of Investigation. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] Southwest Flight 2094, which was traveling from Nashville to Fort Lauderdale, landed safely…
Rising gasoline prices on Long Island are causing residents such as Marie Weiss to look for ways to lessen the impact. The cost of gas has jumped more than 13% since the Iran conflict disrupted the production and movement of oil in the Middle East. “I watch the news, and it doesn’t look like this war is going…
After it was announced that Paramount Skydance acquired Warner Bros. Discovery last week, Hollywood is anticipating changes are coming. And in a reported piece from the Los Angeles Times, one of those changes will involve redundant assets including real estate. Paramount’s most notable properties are the legendary studios in Burbank and Hollywood, where films classic films…
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The Atlanta Police Department said that federal partners assisted in the incident. ATLANTA — A Southwest Airlines flight was diverted to Atlanta on Friday evening due to an unruly passenger. The flight was originally scheduled to depart from Nashville for Fort Lauderdale. A Southwest Airlines spokesperson tells 11Alive, “Southwest Airlines Flight 2094 landed safely at…
By Eduardo Baptista BEIJING, March 7 (Reuters) – China’s commerce ministry on Saturday raised the possibility of another global semiconductor supply chain crisis due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary. Production across the global auto industry was disrupted in October when Beijing imposed export controls on Chinese-made Nexperia chips after…
NEW YORK (AP) — Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues that impact the vehicles’ rearview camera displays. According to notices published by the National Highway Traffic Safety Administration this week, an internal component inside the infotainment system of certain 2021-2026 Ford Broncos…
Caitlin Kalinowski announced today that in response to OpenAI’s controversial agreement with the Department of Defense, she’s resigned from her role leading the company’s hardware team. “This wasn’t an easy call,” Kalinowski said in a social media post. “AI has an important role in national security. But surveillance of Americans without judicial oversight and lethal…
The oilfields of Texas, Alaska, and other regions throughout the United States have made the country the world’s largest oil producer, pumping more than 13 million barrels per day. That hasn’t stopped gasoline prices at the pump from already rising in the week since the conflict in Iran began. The national average for gasoline now…
Nintendo is suing the US government over the tariffs enacted by the Trump administration that the US Supreme Court later deemed unconstitutional. News of the tariffs this time last year, announced shortly before pre-orders went live for Nintendo Switch 2, sent Japanese game stocks plummeting, and ultimately led Nintendo to make the unprecedented decision to…
NEW YORK — Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S. because of problems with the vehicles’ rearview camera displays. According to notices published by the National Highway Traffic Safety Administration this week, an internal component inside the infotainment system of certain 2021-2026 Ford Broncos and 2021-2024 Ford…
Caitlin Kalinowski, who had been leading hardware and robotics operations teams at OpenAI since November 2024, announced she has left the company. “I resigned from OpenAI,” she posted on X and LinkedIn. “I care deeply about the Robotics team and the work we built together. This wasn’t an easy call. AI has an important role…
Updated March 7, 2026, 4:25 p.m. ET McDonald’s CEO Chris Kempczinski’s video of a Big Arch burger taste test set off an ongoing social media scrum with fast-food brands piling on and some trying to change the narrative. As the March arrival of McDonald’s biggest burger ever neared, the February video of Kempczinski taking a…
Both Alphabet (GOOGL 0.75%)(GOOG 0.87%) and Nvidia (NVDA 2.94%) have established themselves as foundational pillars of the artificial intelligence (AI) revolution. But when looking ahead over a 10-year horizon, the question isn’t whether both businesses will succeed — it’s which stock offers the better risk-adjusted path for investors from today’s starting line. On the surface,…
United Airlines has said that flyers who play music or videos without headphones risk a permanent ban from their aircraft. The new rule is now listed under their Refusal of Transport section, which was updated along with the airline’s conditions of carriage at the end of February. United Airlines now say they reserve the right…
There are still hurdles that David Ellison and his team at Paramount Skydance will need to overcome before they can finalize their purchase of Warner Bros Discovery. After making the stakes too rich for Netflix CEO Ted Sarandos, the Ellisons deal still needs to overcome challenges from blue state Attorney Generals (Attorneys General?), and win…
The cycle started this week with Qatar ceasing most of its liquefied natural gas output. Then Iraq and Kuwait began shutting down production from their oilfields. The United Arab Emirates and Saudi Arabia may soon follow suit. It’s not because these oil and gas fields are under military threat (though some of them may be)….
Donald Trump’s war against Iran is unpopular in the US © FT montage/Getty Images Donald Trump’s decision to join Israel and attack Iran last week has sparked fears of conflagration in the Middle East and roiled global energy markets. Since February 28, the US and Israel have fired thousands of munitions at Iran, killing the…
In this article Follow your favorite stocksCREATE FREE ACCOUNT U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm elections were always supposed to be about…
The Nuclear Regulatory Commission (NRC) gave TerraPower the go-ahead this week to build a new nuclear reactor in the shadow of an aging coal power plant in Wyoming. TerraPower’s permit is the first to be issued by the NRC in nearly a decade. The startup — founded by Bill Gates in 2015 and backed by…
Nintendo hiked prices on several accessories after the tariffs were announced last year. Nintendo hiked prices on several accessories after the tariffs were announced last year. Mar 6, 2026, 7:22 PM UTC Jay Peters is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme….