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Stock futures were slightly lower Thursday evening as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average lost 3 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures were both near the flatline. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for […]

WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. The first monthly jobs report of Donald Trump’s second presidency points to a solid but unspectacular labor market. January job creation dipped from the 261,000 added in November, and 307,000 in December. Economists had […]

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Surgeons have successfully transplanted an engineered pig kidney into a fourth patient, marking a significant step forward in the field of xenotransplantation. The gene-edited pig kidney ‘functioned immediately’ in a 62-year-old dialysis patient, according to reports. This milestone is part of ongoing trials to explore the feasibility of using genetically modified pig organs for human […]

WASHINGTON, Feb 7 (Reuters) – U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June. The Labor Department’s closely watched employment report on Friday also showed […]

The Walt Disney Co. has long positioned itself as a leader in diversity, equity, and inclusion (DEI), with a strong emphasis on representation in its storytelling and hiring initiatives. However, amid increasing political and social scrutiny, Disney’s stance on DEI has become more nuanced. While the company has not made any official statements about its […]

Once profit-starved Amazon is now swimming in cash and plans to go on a $100 billion AI-focused spending spree. The company’s recent financial performance has been impressive, with record profits, and it is now looking to invest heavily in artificial intelligence. This significant investment is seen as a strategic move to capture what Amazon considers […]

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. The maker of ChatGPT put out a request for proposals for land, electricity, […]

Amazon (AMZN) shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid outlook for the current quarter. While the company’s Amazon Web Service (AWS) cloud unit revenue grew 19% in the fourth quarter to $28.79 billion, it came in below the $28.87 billion […]

Once profit-starved Amazon is swimming in cash — and will go on a $100 billion AI-focused spending spree. Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI. — news from Fortune