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Standard Chartered CEO walks back comments about replacing 'lower-value human capital' with AI20:47 Standard Chartered CEO Bill Winters walked back remarks about cutting thousands of jobs to replace workers with AI, calling his comments out of context. Five Iron Golf launches real-money tournaments with nationwide simulator competition20:47 Five Iron Golf unveiled a new tournament platform featuring cash-prize simulator competitions, live leaderboards and multiple formats for golfers nationwide. Fanatics, American Express announce partnership where card users can further expand their sports fandom20:47 Fanatics and American Express announced a new partnership on Wednesday that allows Amex cardholders to engage more deeply with their sports fandom while earning Fanatics rewards. US targets Iran’s $7.7 billion crypto network tied to regime operations20:47 The Treasury Department has frozen nearly half a billion dollars in crypto tied to Iran as Tehran reportedly controls $7.7 billion in digital assets. Airbnb launches major expansion with airport pickups, luggage storage and AI-powered travel tools19:43 Airbnb is expanding its platform with car rentals, grocery delivery via Instacart, airport rides and boutique hotels in a major push beyond home rentals. Top economist sounds alarm on America’s 40% recession risk, warns stocks are disconnected from reality17:36 Moody s chief economist Mark Zandi says there is a 40% chance of a U.S. economic downturn within the next year, well above the 15% historical average. California business owners ‘working for peanuts’ as costs, record gas prices and regulations devour profits12:14 California "sticker shock" is mounting for the state s small business owners, but one restaurateur and their multi-billion-dollar lender explain why they re not walking away — yet. Popular Costco kitchen gadget recalled after fire hazard leaves person burned2:07 A popular electric kettle sold at Costco and HomeGoods is being recalled nationwide after more than 160 reports of loose or detached handles, including one second-degree burn. One of America’s oldest beer brands discontinued after 177 years in US1:03 Schlitz Premium, the Milwaukee-born lager that once dominated the U.S. brewing industry, is being discontinued after more than 175 years. NYC airport debuts AI-powered hologram 'concierge' to help travelers19.května LaGuardia Airport unveils Bridget, an AI-powered hologram concierge in Terminal B that chats with passengers and helps them navigate the busy terminal. Spirit Airlines lawyer apologizes to Americans 'priced entirely out' of air travel after sudden collapse19.května A lawyer representing Spirit Airlines apologized to Americans now priced out of air travel after the budget carrier s sudden shutdown leaves families stranded. Expert says massive AI investment is ‘laying the groundwork’ for America’s future19.května Expert Anthony Pompliano says investors are pouring billions into AI infrastructure as the U.S. lays the groundwork for the next century. Meta shifts 7,000 workers into AI roles as layoffs, manager cuts loom19.května Meta is restructuring its workforce around artificial intelligence, shifting thousands of workers into AI roles while flattening management layers and cutting jobs. Ford teams up with outdoor outfitter Filson to launch new Bronco SUV19.května Ford is teaming up with Seattle-based Filson to launch the Bronco Filson SUV, blending rugged outdoor design with off-road capability and heirloom quality. Mamdani meets Jamie Dimon as Wall Street outreach intensifies amid tax backlash19.května Mayor Zohran Mamdani met with JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon amid concerns over taxes and New York’s business climate. |
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