UBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse
By Hanna Ziady, CNN London (CNN) — UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a…
Continue ReadingMoney
Baidu and SenseTime launch ChatGPT-style AI bots to the public
By Michelle Toh, CNN Hong Kong (CNN) — Chinese tech firms Baidu and SenseTime launched their ChatGPT-style AI bots to the public on Thursday,…
Continue Reading
Plans to renovate old City Auditorium in Colorado Springs now on hold
COLORADO SPRINGS, Colo. (KRDO) — A community group that formed two years ago to oversee a $60 million renovation of the old downtown City Auditorium…
Continue ReadingGannett to pause AI experiment after botched high school sports articles
By Clare Duffy, CNN New York (CNN) — Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports…
Continue ReadingAmerican Airlines flight attendants vote to authorize a strike
By Gregory Wallace (CNN) — The latest aviation employees to vote in favor of a strike are American Airlines flight attendants. The union…
Continue ReadingIt’s not just crime: What’s really going on with SF’s shrinking retail district
By Samantha Delouya, CNN (CNN) — In many ways, San Francisco’s downtown is in dire straits. The city’s once bustling Union Square…
Continue ReadingGoogle launches watermarks for AI-generated images
By Jennifer Korn, CNN New York (CNN) — In an effort to help prevent the spread of misinformation, Google on Tuesday unveiled an invisible,…
Continue ReadingUS pending home sales rose in July for the second month in a row
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales ticked up in July by 0.9%, rising for the second month in a row despite…
Continue ReadingThe US economy grew more slowly in the second quarter than previously estimated
By Bryan Mena, CNN Washington, DC (CNN) — The US economy grew more slowly in the second quarter than previously estimated — a good sign for…
Continue ReadingMark Thompson named CNN chief executive and chairman at critical juncture in news network’s history
By Oliver Darcy, CNN (CNN) — Mark Thompson, the former chief executive of The New York Times and director-general of the BBC, will be the next…
Continue ReadingHundreds of flights are canceled as Hurricane Idalia disrupts air travel
By Jordan Valinsky, CNN New York (CNN) — Flights across Florida continue to be disrupted Wednesday as Hurricane Idalia churns through the…
Continue ReadingChinese homebuilder Country Garden warns it could default after posting $7 billion loss
By Laura He and Mark Thompson, CNN Hong Kong/London (CNN) — Country Garden warned Wednesday that it could default on its vast debts as it…
Continue ReadingTroubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
CNN By Laura He, CNN Hong Kong (CNN) — Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity…
Continue Reading
Employers could offer you tax-free help with your student loan payments. Most are not
By Jeanne Sahadi, CNN New York (CNN) — As borrowers prepare to resume paying their federal student loans in the coming weeks, the IRS is reminding…
Continue ReadingUS financial regulators green lit new rules aimed at reducing the cost of bank failures
By Elisabeth Buchwald, CNN New York (CNN) — US financial regulators on Tuesday signed off on new rules to prepare large and regional banks in…
Continue Reading‘Barbie’ is Warner Bros.’ highest-grossing global release ever
By Ramishah Maruf, CNN New York (CNN) — Warner Bros. has swapped its wands for pink heels. Summer smash “Barbie” is the highest-grossing…
Continue Reading
El Paso County applies for $10 million federal funding to to boost support for current road projects
EL PASO COUNTY, Colo. (KRDO) — County Engineer Joshua Palmer received permission from the Board of Commissioners Tuesday to apply for federal…
Continue ReadingHead of powerful real estate trade group resigns amid sexual harassment allegations
By Anna Bahney, CNN Washington, DC (CNN) — The National Association of Realtors, the 1.5 million-member trade association that dominates the…
Continue ReadingAI tools make things up a lot, and that’s a huge problem
By Catherine Thorbecke, CNN (CNN) — Before artificial intelligence can take over the world, it has to solve one problem. The bots are…
Continue ReadingAmazon CEO tells employees to return to the office or their days may be numbered
Brian Fung, CNN (CNN) — Amazon CEO Andy Jassy told employees to get on board with the company’s return-to-office plan or to consider…
Continue Reading