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Amazon Plans to Hire More Than 300,000 Seasonal Workers for the Holiday Season
Business News

Amazon Plans to Hire More Than 300,000 Seasonal Workers for the Holiday Season

E-commerce and cloud services company Amazon plans to hire more than 300,000 seasonal workers in the US during the holiday season, a 20 percent increase from the same period last year.
Amazon Plans More Than €16 Billion in Germany Investments Next Year
Business News

Amazon Plans More Than €16 Billion in Germany Investments Next Year

The US online shopping and cloud services giant Amazon plans to invest more than 16 billion euros (approximately 180 billion SEK) in Germany next year, the company said in a press release.
Netflix to Cut 1,000 Jobs Amid Weak Growth, Report Says
Business News

Netflix to Cut 1,000 Jobs Amid Weak Growth, Report Says

Streaming giant Netflix will lay off 1,000 employees, equivalent to 6 percent of its workforce, the Wall Street Journal reports.
Wall Street Rebounds to Close Higher After Turbulent Week as Oil Prices Top $104
Business News

Wall Street Rebounds to Close Higher After Turbulent Week as Oil Prices Top $104

Wall Street stocks recovered on Friday to close higher, following a turbulent week marked by concerns about rising interest rates and oil prices.
Wall Street rises as Nasdaq hits record, led by major tech stocks
Business News

Wall Street rises as Nasdaq hits record, led by major tech stocks

Wall Street defied the dark clouds and rose on Monday, with major technology companies leading the way.
Nvidia and OpenAI CEOs to attend White House dinner with Trump and Xi
Business News

Nvidia and OpenAI CEOs to attend White House dinner with Trump and Xi

Nvidia and OpenAI CEOs Jensen Huang and Sam Altman will attend a dinner with Chinese President Xi Jinping at the White House next week, a source with knowledge of the matter told AFP.
Prime Video uses AI to sync lip movements in dubbed shows and films
Entertainment News

Prime Video uses AI to sync lip movements in dubbed shows and films

Amazon's streaming service Prime Video has begun using AI to make dubbed versions of TV series and movies look more realistic.
Wall Street falls as chip giants Qualcomm and Intel buck the trend
Business News

Wall Street falls as chip giants Qualcomm and Intel buck the trend

The leading indexes on Wall Street were in the red as the trading week got underway after Labor Day.
Five dead after cargo plane crashes on landing at Miami airport
World News

Five dead after cargo plane crashes on landing at Miami airport

A cargo plane crashed while landing in Miami on Sunday. Images from the scene show smoke rising from the plane
Oil and interest rates jump as Wall Street falls sharply
Business News

Oil and interest rates jump as Wall Street falls sharply

When the price of oil and market interest rates rise, stock prices on Wall Street tend to fall. That old truth also held true on Tuesday
Fed Governor Kevin Warsh talks down Wall Street as stocks end lower
Business News

Fed Governor Kevin Warsh talks down Wall Street as stocks end lower

A week of subdued stock market sentiment ended on a more pessimistic note on Wall Street. Federal Reserve Governor Kevin Warsh talked down stock prices
Amazon secures wind power for Swedish data centres from four farms
Business News

Amazon secures wind power for Swedish data centres from four farms

The American e-commerce giant Amazon has reached an agreement to supply electricity from four Swedish wind farms to secure more power for its data centers in the country. The agreement concerns almost 200 megawatts, Amazon writes in an emailed comment to Bloomberg
Ukrainian drone attacks kill at least 11, spark huge fire at Russian warehouse
World News

Ukrainian drone attacks kill at least 11, spark huge fire at Russian warehouse

Several people were reported to have been killed in Ukrainian attacks on Wednesday against Russia and Russian-occupied territory.
Amazon founder Jeff Bezos set to become co-owner of Liverpool
Sports News

Amazon founder Jeff Bezos set to become co-owner of Liverpool

Jeff Bezos, who founded the e-commerce company Amazon, is set to become a new co-owner of Premier League club Liverpool.
Amazon tops $3 trillion in market value for the first time
Business News

Amazon tops $3 trillion in market value for the first time

Tech giant Amazon has surpassed $3 trillion in market capitalization for the first time, becoming the fifth company ever to reach the milestone.
EU AI Act takes effect, but fines for many companies are delayed until 2027
World News

EU AI Act takes effect, but fines for many companies are delayed until 2027

It will now be easier to know if you are interacting with AI-generated material. But for many large companies, it will be months before they face the risk of fines
AI stocks are reshaping global funds, expert says diversify into Europe and Sweden
Business News

AI stocks are reshaping global funds, expert says diversify into Europe and Sweden

Global tech giants and AI companies are taking up an increasingly large share of Swedes' favorite savings fund - the global fund. That increases the risk in household savings
Apple shares tumble 7.4% on Wall Street after component shortage warning
Business News

Apple shares tumble 7.4% on Wall Street after component shortage warning

Apple plunged sharply on the New York Stock Exchange after Thursday’s quarterly report, but then recovered slightly. The stock ultimately closed down 7
Amazon beats expectations as stock surges after strong earnings report
Business News

Amazon beats expectations as stock surges after strong earnings report

Technology giant Amazon's interim report exceeded market expectations.
Ukraine strikes Russian e-commerce giant Wildberries warehouses in expanded drone campaign
World NewsTop News

Ukraine strikes Russian e-commerce giant Wildberries warehouses in expanded drone campaign

Ukrainian drones have attacked large e-commerce warehouses belonging to Russian e-commerce giant Wildberries over the past week. Ukraine says the company is involved in deliveries to the Russian military
Alphabet shares fall after earnings report on higher AI spending and negative cash flow
Business News

Alphabet shares fall after earnings report on higher AI spending and negative cash flow

Shares in Google owner Alphabet fell 3. 4 percent in futures trading on Wall Street after the tech giant's earnings report on Wednesday evening Swedish time
Viral Seattle raccoon Jimothy inspires charity auction and disability rights support
Entertainment News

Viral Seattle raccoon Jimothy inspires charity auction and disability rights support

The viral raccoon Jimothy is touching and inspiring. A painting of Seattle's new mascot has been auctioned off for charity, and disability rights groups are using the raccoon with an unusually short spine as a symbol of equal worth for all
US gas station sales plunge 5.3% in June as retail sales rise 0.2%
Business News

US gas station sales plunge 5.3% in June as retail sales rise 0.2%

US retail sales rose 0. 2 percent in June from May, but gas station sales fell 5
Wall Street rises after softer-than-expected US producer prices data
Business News

Wall Street rises after softer-than-expected US producer prices data

Lower than expected increases in US producer prices and slower oil price gains lifted stock prices on the New York Stock Exchange on Wednesday.
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