Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on artificial intelligence.

On LinkedIn, Oracle employees, including software engineers, account executives and program managers, shared publicly that they were affected by a mass layoff at the company and were looking for new jobs.

Oracle ...Read more

Allbirds, an eco-friendly shoe company that won over Silicon Valley, was sold a fraction of the $4 billion it was once worth.

The shoe brand said this week that it is selling all of its assets to American Exchange Group, a brand management company, for $39 million. The company, which makes shoes from wool and eucalyptus, attracted young Bay ...Read more

U.S. companies added more jobs than expected last month, suggesting the labor market may be stabilizing.

Private-sector payrolls increased by 62,000 in March after a similar advance in the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 40,000 advance.

The advance ...Read more

Anti-Elon Musk protests have led consumers to boycott Tesla, unsettling the company and its share price. Could public sentiment have a similar effect on Musk's privately owned space ventures?

A group of protesters from Seattle's Eastside believes it can.

That group — organized through the national grassroots movement Indivisible — has ...Read more

General Motors Co. on Wednesday reported it sold nearly 10% fewer vehicles in the past three months compared to the same time last year, when sales boomed ahead of anticipated tariffs from President Donald Trump.

Spokesperson Jeff Bennett in an email said GM "expects a similar decline for the industry" and noted that "year-over-year comparisons...Read more

FERNDALE, Michigan — Nearing a year ago, the automotive aftermarket parts retailer Detroit Axle filed a notice with the state that the family-owned company would lay off more than 100 employees at its headquarters and warehouse here in response to increased tariffs.

The company braced for "Armageddon," said Mike Musheinesh, CEO of the ...Read more

The National Transportation Safety Board on Wednesday recommended changes to Ford Motor Co.'s hands-free BlueCruise automated driving system and stronger federal requirements on such technology in response to two fatal crashes.

The recommendations come amid increased scrutiny of software-controlled driving technologies, including federal ...Read more

The case for domestic manufacturing of semiconductors “has never been stronger,” which means SkyWater Technology will continue to grow, the company’s CEO said.

Tom Sonderman said he outlined his case in an open letter in mid-March to reassure SkyWater’s employees and stakeholders as the company continues to negotiate a $1.8 billion deal...Read more

LOS ANGELES — It was just two years ago that Walt Disney Co. placed a massive bet on Epic Games.

At the time, the Burbank media giant announced a “games and entertainment universe” with the “Fortnite” developer to expand the reach of Disney’s franchises, particularly among the young people who play the online game. Disney also made ...Read more

You didn’t press send. You didn’t authorize the wire transfer. You didn’t even know it happened. An AI agent did it for you.

They work autonomously by reading files, analyzing photos and sourcing your personal data. But once they’re running, they can multiply and access things they were never meant to, without you even knowing.

...Read more

NASHWAUK, Minnesota – Colossal rust-red barn walls rise out of the gravel and pine forest in this northern Minnesota town. A welder’s torch spits blue sparks.

After more than two decades of sometimes dramatic stops and detours, Mesabi Metallics iron ore mine this summer will be the first to open in Minnesota in 50 years — a $2.4 billion ...Read more

Smart home equipment can work with various home automation ecosystems.

What does that mean?

There are plenty of devices, like smart deadbolts, cameras, light bulbs and smart plugs, and a host of other gadgets, but unless you’re buying them from the same company, getting them to work together used to be a hassle.

Then some larger players, ...Read more

Treasury Secretary Scott Bessent’s benchmark financial asset — 10-year U.S. Treasuries — are poised to mark their biggest monthly tumble since Donald Trump returned to the White House, casting a shadow over the economic outlook as the administration struggles to contain an energy crisis.

While Bessent has assured that the global oil ...Read more

Adding war in the Middle East to an ongoing trade war equates to the math not working for farmers.

President Donald Trump’s tariffs have deterred China from buying vast amounts of U.S.-grown grains and soy as well as forced the Eastern power to instead purchase from Brazil. All this while the price of grains has fallen in recent years, and ...Read more

Federal oversight of the United Auto Workers has cost the union more than $25.3 million, according to an annual report released Tuesday that illustrates rising costs amid multiple investigations into President Shawn Fain and his team.

The union's annual LM-2 Labor Department filing provided an updated cost of a federal watchdog, lawyer Neil ...Read more

U.S. Bank is partnering with online retail giant Amazon on two new credit cards tailored to small-business owners.

The Minneapolis-based lender hopes the new partnership with the world’s biggest retailer will offer better credit options and expand its client base, said Courtney Kelso, U.S. Bank’s head of payments. Both cards are set to ...Read more

Kalshi is under a temporary restraining order that prohibits the prediction market from operating in Nevada, and a recent poll shows that Americans feel strongly that prediction platforms should comply with state gaming regulations.

New polling, commissioned by Gambling is Not Investing and conducted by Morning Consult, found that 81 percent of...Read more

Hold on to your hat when you shop at Costco: The Issaquah, Washington-based retailer is testing new pay stations that should exponentially speed up checkout times.

Earlier this month, the big-box warehouse club chain announced the rollout of a pilot program featuring new automated pay stations. They expedite checkout times to an average of ...Read more

A Boeing-built rocket is set to propel four astronauts to orbit the moon, marking the first time humans have left Earth orbit since the Apollo missions more than 50 years ago.

That rocket — known as the Space Launch System — completed an uncrewed mission to the moon in 2022, the first in a series of launches designed to land humans on the ...Read more

Maryland-based McCormick & Co. announced a sweeping deal to combine with Unilever’s global foods business, a move that would create a $20 billion “flavor” giant while the company also reported solid quarterly earnings Tuesday.

Under the agreement, McCormick will merge with Unilever’s foods division — excluding India and certain other ...Read more