Business

Meta Lays Off 600 AI Workers Amid Strategic Shift

Legacy Teams Hit as Superintelligence Labs Grows Meta has laid off around 600 employees from its artificial intelligence unit as part of a broader effort...

RBL Bank Hits 5-Year High on $3B Emirates NBD Deal

Landmark cross-border acquisition signals new era for Indian lender India’s RBL Bank surged to a five-year high on Monday following the announcement of a major...

GM Takes $1.6B Charge as EV Plans Hit Policy Roadblock

Federal tax credit cut triggers EV strategy overhaul General Motors (GM) announced it will take a $1.6 billion charge in the third quarter as it...

Jefferies faces $44M risk in First Brands collapse

Receivables tied to First Brands under scrutiny Jefferies Financial Group is confronting potential losses of $44.6 million following the collapse of auto parts supplier First...

J&J Ordered to Pay $966M in Baby Powder Cancer Case

Massive verdict links talc products to deadly cancer Johnson & Johnson has been ordered to pay $966 million to the family of Mae Moore, a...

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