Groupon Cuts Hundreds of Jobs as It Bets Its Future on AI
Groupon is cutting up to 400 jobs, nearly a quarter of its global workforce, as the company restructures around artificial intelligence. The layoffs are part of a broader plan to make the discount e-commerce platform an “AI-native” company, meaning Groupon wants artificial intelligence embedded into the core of how it serves customers and merchants. The […]
A Reversal in AI Investment Could Shake Economies and Trigger a Stock Market Selloff
Investors should stop asking whether the artificial intelligence boom will end and start asking what will happen when it slows. His main point is not that the AI rally is about to collapse immediately, but that every major technology investment boom eventually loses momentum. Because today’s AI spending has become so large, even a modest […]
Europe’s green jet fuels see upside in Iran war
At a plant near Frankfurt, in Germany, hydrogen and CO2 sourced from a chlorine factory and a biogas facility nearby are piped into a reactor and — after a few more steps — turned into jet fuel. Interest in such synthetic propellants is growing as the Iran war pushes Europe to reassess its dependencies, raising […]
UN Warns the Next Five Years Could Break Global Heat Records
A new United Nations climate report warns that the world is likely entering an even hotter period, with the next five years expected to bring record-breaking temperatures and more dangerous extreme weather. The report from the World Meteorological Organization and the United Kingdom’s Met Office says there is a 91% chance that at least one […]
Trump-Backed Ken Paxton Defeats John Cornyn in Texas Senate Runoff
Texas Attorney General Ken Paxton defeated longtime U.S. Senator John Cornyn in the Republican Senate runoff, delivering a major victory for President Donald Trump and a painful defeat for the GOP establishment. Paxton’s win comes after a bitter and expensive race that tested Trump’s influence over the Republican Party in one of the nation’s most […]
Democrats Turn Stock Trading Into a Midterm Fight Over Corruption and Trust
Democrats are increasingly attacking each other over personal stock trading as the party tries to sharpen its anti-corruption message ahead of the 2026 midterm elections. The issue has become a major flashpoint in several Democratic primaries, where candidates are using public anger over political self-enrichment to question whether rivals can credibly campaign against corruption in […]
OpenAI Foundation Pledges $250 Million to Help Workers Face AI Disruption
The OpenAI Foundation is committing an initial $250 million to help workers, communities, and economies manage the disruption caused by artificial intelligence. The nonprofit, which controls OpenAI, will use the money for grants, partnerships, and direct programs focused on the economic effects of AI. The announcement reflects growing concern that AI could transform labor markets […]
Snowflake Raises Forecast as Corporate AI Demand Drives Cloud Data Growth
Snowflake raised its annual product revenue forecast as businesses increase spending on artificial intelligence and move more data workloads onto its cloud platform. The company now expects fiscal 2027 product revenue of $5.84 billion, up from its previous forecast of $5.66 billion. The stronger outlook reflects growing demand for Snowflake’s data warehousing, analytics, machine learning […]
Food Insecurity Surges as Lower-Income Americans Struggle With High Living Costs
Food insecurity is rising sharply among many Americans, especially lower-income households, families with young children, and people with less education, according to new research from the Federal Reserve Bank of New York. Fed economists described the increase as “remarkable,” warning that food-related hardship may help explain why consumer sentiment remains weak even though broader economic […]
Randy Theken Expands Theken Group’s Medical Innovation Platform
Randy Theken, entrepreneur, engineer, and medical technology innovator, is continuing to expand Theken Group, a diversified healthcare platform focused on designing, developing, manufacturing, and distributing advanced medical technologies that improve patient outcomes across multiple specialties. With roots in Northeast Ohio and advanced engineering degrees from the University of Akron, Theken has built a career around […]
