Hosted on Acast. See acast.com/privacy for more information.
Michael Bloomberg ranks as the top philanthropist in the U.S. for 2024, donating $3.7 billion to support various causes including the arts, education, public health, and city improvement. This donati…
The SEC initiates a voluntary separation or early retirement program, offering eligible employees a $50,000 buyout. Employees must apply by March 21 and leave by April 4. Eligibility requires employm…
Drug approvals face challenges due to funding cuts implemented during the Trump administration. Budget reductions impact the FDA’s ability to review and approve new medications. Delays in drug approv…
Commerce Secretary Howard Lutnick indicated potential changes in GDP reporting to separate government spending from GDP figures. This decision follows concerns about spending cuts promoted by Elon Mu…
Inflation in Europe has decreased to 2.4% as of February 2025, down from 2.5% in January. This decrease supports a potential interest rate cut by the European Central Bank, which aims for a target in…
Meta terminated approximately 20 employees for leaking confidential information and plans further actions against others as needed. The company conducted an investigation and emphasized a strict no-l…
A federal judge in San Francisco, William Alsup, ruled that the mass firings of probationary federal workers likely violated the law, providing temporary relief for labor unions and organizations cha…
Robots can learn new skills through various programming techniques. Researchers develop algorithms that allow machines to adapt to new tasks. Self-learning mechanisms enable robots to improve their p…
The European Union rejected accusations from U.S. President Donald Trump regarding targeting the United States and warned against proposed tariffs on EU products. Polish Prime Minister Donald Tusk cl…
Joann, a crafts and fabrics retailer, plans to close all 800 stores across 49 states. The company, operational for 80 years, filed for bankruptcy in March 2024, reporting debts between $1 billion and…
Elon Musk's Starlink technology may replace a $2 billion federal contract currently held by Verizon for modernizing the air traffic communications system alongside the FAA. Starlink has been installe…
President Trump confirmed the implementation of tariffs on imports from Canada and Mexico, set to begin next month, after a monthlong suspension. During a press conference with French President Emman…
MrBeast's reality show "Beast Games" featured contestants competing for a cash prize of $10 million, the largest in television history. The first season aired on Prime Video, attracting 50 million vi…
The venture capital industry is consolidating, with a decrease in active VC firms in the U.S., leading to greater challenges for female founders in securing funding. Women-led startups show lower fai…
Thousands of federal workers face difficulties finding new employment following recent layoffs tied to cost-cutting measures. Many workers held specialized positions that do not easily transition to …
Gaming startup funding struggles as 2025 begins. Approximately 61% of Americans engage with digital games each week, with Generation Alpha averaging over five hours. However, funding in 2024 fell to …
The Treasury Department sets a deadline of March 21 for businesses to report ownership information under the Corporate Transparency Act. This act requires small businesses to disclose their beneficia…
A proposal has emerged advocating for the return of potential government spending savings to taxpayers, backed by President Trump and driven by Elon Musk's target of $2 trillion in cuts. If successfu…
Together AI raised $305 million in a funding round led by General Catalyst and Saudi Arabia's Prosperity7 Ventures, achieving a valuation of $3.3 billion, up from $1.25 billion after a previous fundi…
UnitedHealthcare implements a buyout program for employees in its benefits operations unit, aiming to meet staffing needs. This initiative, called the Voluntary Resignation Separation Program, offers…