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…
Culture
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…
U.S. Consumer Confidence Slips as Inflation and Gas Prices Weigh on Households
U.S. consumer confidence weakened slightly in May as Americans grew more worried about inflation, especially price pressures linked to the war with Iran and higher energy costs. Seemingly, the Conference Board’s consumer…
Virginia Discovery Reveals Forgotten Camp of French Troops Who Helped Win America’s Revolution
A search for Civil War artifacts in a Virginia farm field unexpectedly uncovered something much older and rarer: evidence of a French military encampment from the Revolutionary War. Relic hunters Lafayette “Scotty”…
Tulsi Gabbard Resigns as Intelligence Chief After a Turbulent Tenure Under Trump
Tulsi Gabbard is stepping down as Director of National Intelligence, ending a brief but turbulent tenure at the center of President Donald Trump’s national security team. Gabbard’s last day will be June…
Young Americans Sue Trump Administration to Stop Major Climate Pollution Rollbacks
A group of 18 young Americans is asking a federal court to immediately block the Trump administration from dismantling some of the country’s most important climate pollution protections. The lawsuit, Venner v.…
Intuit Cuts 3,000 Jobs as It Restructures Around AI and Faster Growth
Intuit is cutting about 17% of its global workforce, equal to roughly 3,000 employees, as the maker of TurboTax and QuickBooks tries to simplify its structure and sharpen its focus on major…
AWS CEO Pushes Back on AI Job Apocalypse Fears, Saying Workers Must Adapt Pool
Amazon Web Services CEO Matt Garman is pushing back against warnings that artificial intelligence will create a sweeping “job apocalypse,” arguing instead that AI will reshape work and force employees to adapt.…
Hollywood’s Production Crisis Becomes a Defining Issue in the Los Angeles Mayor’s Race
Hollywood’s production crisis has become a major issue in the Los Angeles mayoral race, putting the future of the entertainment industry alongside affordability, crime and homelessness as one of the city’s central…
Higher Mortgage Rates Threaten to Slow an Already Weak Housing Season
Mortgage rates have risen to a one-month high, creating new pressure for buyers during what is usually the most important season for the U.S. housing market. The average rate on a 30-year…
