News from Quartz
What is your interest today?
AI means Amazon will need fewer white-collar workers over time, CEO says
Amazon’s CEO indicated that the adoption of artificial intelligence is expected to lower the number of corporate employees while enhancing overall productivity and operational effi...
Read Full Article →Investor sentiment is bouncing back, Bank of America survey shows — but mostly overseas
A recent survey indicates growing optimism among investors, with a majority expecting moderate economic improvement and many anticipating that foreign markets will yield better ret...
Read Full Article →JetBlue is cutting flights as it braces for a money-losing 2025
JetBlue is reducing its flight schedule due to weakened travel demand and excess capacity in the domestic sector, while continuing to focus on offering enhanced services on key rou...
Read Full Article →As China's housing slump deepens, consumers open their wallets to spend
The contrast between weakening property sales and rising household expenditures highlights shifting economic dynamics that could influence China’s overall growth and investment pat...
Read Full Article →AMD stock surges 10%. Here's what sparked the rally
The recent advancements in AI technology and strategic collaborations have significantly boosted investor confidence, leading to a notable increase in the company’s market value.
Read Full Article →Reddit is getting into AI-driven ads
Reddit is introducing AI-based advertising tools that leverage user interactions to generate valuable marketing data, marking a significant step in expanding its revenue opportunit...
Read Full Article →The Trump family is launching a mobile service — and a $499 gold phone
The introduction of a new wireless plan alongside a premium, branded Android device under a licensing agreement represents a strategic effort to generate revenue and expand market...
Read Full Article →7 budgeting hacks for DIY projects
Careful financial planning and strategic money management can help ensure that expenses are covered throughout the entire duration of do-it-yourself projects.
Read Full Article →A $250 mistake seems set to cost Ozempic maker Novo Nordisk billions
Novo Nordisk is expected to face substantial financial losses as Canada prepares to introduce generic alternatives of its weight loss medication due to the company’s failure to mai...
Read Full Article →🌎 All about rare earths
The growing demand for rare earth elements plays a crucial role in various industries, impacting global supply chains and influencing market prices amid ongoing concerns about risi...
Read Full Article →Republicans stick to July 4 deadline to pass Trump's megabill
Lawmakers are working to finalize a comprehensive fiscal plan by early July, with significant attention being given to tax provisions that could impact government revenue and econo...
Read Full Article →Weekend Money Markets Roundup June 14, 2025
Recent negotiations between major economies have not prevented a significant downturn in Chinese shipments to the United States, resulting in the steepest annual decrease in export...
Read Full Article →Dozens of states want to block 23andMe from selling DNA info
Multiple states and the District of Columbia have initiated legal action to prevent a genetic testing company from profiting by distributing users’ sensitive genetic data without e...
Read Full Article →Waymo cars are getting torched in LA. Wanted: A local community affairs specialist
The recent damage to Waymo’s vehicles in Los Angeles highlights potential financial risks and underscores the company’s need to address local community relations to protect its ass...
Read Full Article →Meta is making a huge push for AI 'superintelligence'
Meta's investment in advanced artificial intelligence research aims to strengthen its competitive edge in the rapidly evolving AI industry, potentially impacting its long-term grow...
Read Full Article →Disney finally has full control of Hulu
By acquiring the remaining stake in Hulu for $439 million, Disney consolidates its position in the streaming market, potentially enhancing its revenue opportunities and strategic c...
Read Full Article →World Bank sounds the alarm as tariff wars bite into global growth
The World Bank has lowered its economic growth projections, highlighting that increased trade barriers and heightened geopolitical tensions are significantly slowing the global eco...
Read Full Article →Trump says China is 'not easy.' Lutnick says trade talks are 'going well'
Ongoing discussions between the United States and China hold considerable economic importance, as both sides seek to resolve disputes that have impacted global markets and internat...
Read Full Article →Chipotle is opening new restaurants at an 'exponential rate.' The CEO says AI is key
Chipotle's rapid expansion, with nearly one new restaurant opening each day, highlights the company's strategic use of AI to enhance operational efficiency and support sustained fi...
Read Full Article →CEOs are getting more confident about the economy — with a catch
A majority of U.S. CEOs anticipate improved economic conditions by mid-year, expecting greater market stability following the resolution of recent trade policy uncertainties.
Read Full Article →OpenAI says it's making $10 billion in annual recurring revenue as ChatGPT grows
OpenAI’s growing ChatGPT-related business products have contributed to a significant increase in steady yearly income, reaching $10 billion, excluding one-time transactions and Mic...
Read Full Article →Chipotle is releasing its first new dip in five years — and it's got a ranch twist
Chipotle’s introduction of a limited-time adobo ranch dip may boost customer engagement and sales, potentially enhancing revenue by attracting both new and returning patrons with f...
Read Full Article →Pfizer and other drug companies make 'no commitments' to the White House on lower drug prices
Pfizer’s reluctance to guarantee reduced medication costs highlights ongoing challenges in achieving significant price cuts despite recent government efforts aimed at lowering expe...
Read Full Article →Jensen Huang gets compared to Tony Stark as he talks up Nvidia's AI investments
Nvidia’s CEO highlighted the company’s substantial commitment to artificial intelligence, emphasizing how these investments could influence the technology sector’s future market va...
Read Full Article →Cathie Wood on what Trump and Elon Musk's feud reveals
The dispute between Elon Musk and former President Trump highlights investors' growing awareness of Musk’s business ventures' substantial dependence on governmental policies and su...
Read Full Article →Warner Bros. Discovery is blowing itself up to win the next act
Warner Bros. Discovery's decision to divide into two publicly traded entities is intended to enhance operational efficiency and potentially increase returns for investors through m...
Read Full Article →Boeing is back in China
The arrival of the new Boeing aircraft in China signals a potential resumption of business opportunities and sales for the company following a recent pause in Chinese airline order...
Read Full Article →No, Costco cards don't count as airport REAL IDs, the TSA says
Travelers without a government-issued REAL ID must obtain an approved form of identification to board flights, as non-official cards like Costco memberships are not accepted by sec...
Read Full Article →Chinese exports to the U.S. are cratering despite a trade truce
The substantial decline in shipments from China to the U.S. highlights ongoing economic challenges and could influence bilateral trade balances and market dynamics despite recent d...
Read Full Article →10 cities with the most entry-level jobs that pay a living wage
Several urban areas offer a notable number of beginner positions that provide sufficient income to cover basic living expenses, highlighting important opportunities for those start...
Read Full Article →