Google will lay off several hundred workers across multiple parts of its business as the search giant shifts more resources toward the rapid development of artificial intelligence, the company confirmed Thursday. A few hundred employees were cut from Google’s core engineering team, the company said. Google also cut hundreds of workers from the division working…
Bud Harrelson, a two-time All-Star shortstop who won a World Series with the New York Mets, has died, the team announced on Thursday. He was 79. Harrelson made his debut with the Mets in 1965. He played for the team until 1977. He was on the 1969 Mets’ World Series-winning team. He also played for…
The firm’s executive chair said HS2’s costs had risen so much over the past decade because of poor cost estimating, changes to the project’s scope, some poor delivery and the impact of inflation. He added that decisions to delay parts of the project for cashflow reasons, could end up meaning they cost more, and that…
Microsoft briefly overtook Apple as the world’s most valuable company after the iPhone maker began in 2024 with its worst start in years due to growing demand concerns. Shares of Microsoft rose 1.5% in early trading hours on Thursday, giving the company founded by Bill Gates a market cap of $2.88 trillion. The Redmond, Wash.-based company’s surge has…
Ongoing disruption to trade flows through the Red Sea could hit global economic growth, the head of one of the world’s largest container shipping firms said Thursday. Maersk CEO Vincent Clerc said it remained unclear whether passage through the waterway would be re-established in “days, weeks or months,” in comments first provided to the Financial…
Bankrupt regional sports network Diamond Sports got a few extra innings to work out a streaming deal with Amazon after a bankruptcy judge delayed the embattled company’s showdown with Major League Baseball. The nation’s largest RSN, which operates under the Bally’s name, owns the broadcast rights to half the NBA teams, a third of NHL…
CNBC’s Jim Cramer explains why he is keeping an eye on shares of Nvidia.
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hertz CEO Stephen Scherr joins ‘Squawk on the Street’ to discuss news of the company cutting one-third of its electric vehicle fleet over the year, what’s behind the EV selloff, state of the EV rental market, consumer trends, 2024 outlook, and more….
