The economist who first warned of America’s K-shaped recovery says this is his worst fear for the US – Business Insider

One person familiar with SocGen’s plan said the bank wanted to move away from large formal programmes of job cuts that resulted in high redundancy payouts © Reuters Société Générale said it would axe 1,800 jobs in France as chief executive Slawomir Krupa steps up efforts to cut stubbornly high costs. Thursday’s announcement came after…

In brief IBM introduced Nighthawk and Loon quantum processors on Wednesday. Nighthawk’s 120 qubits and 218 couplers support circuits up to 5,000 two-qubit gates. IBM aims for community-verified quantum advantage by 2026 and milestones toward fault tolerance by 2029. IBM debuted the next steps on its roadmap for practical quantum computing on Wednesday, unveiling upgraded…

Jeff Bezos’ space company just took a giant leap forward on its path to reusable orbital rockets, even as it tracks an “off-nominal” orbit of its latest satellite launch. Blue Origin’s huge New Glenn rocket launched into space for the third time ever Sunday morning (April 19) — but, in a first for the company,…

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is…

Air Transat, one of Canada’s largest airlines, said it will start gradually suspending some flights starting on Monday ahead of a planned strike. The union representing the airline’s pilots issued a 72-hour strike notice on Sunday, announcing that Air Transat pilots will stop showing up to work on Wednesday if a contract agreement is not…

Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. .wp-block-custom-everlit-iframe-embed{margin: 0 !important;} Audio recording is automated for accessibility. Humans wrote and edited the story. See our AI policy, and give us feedback. Google on Friday announced a $40 billion investment in Texas…