Private payrolls rose by 38,000 in August, than expected, ADP reports
Private U.S. companies added jobs at a slightly slower-than-expected pace in August, with gains concentrated heavily in healthcare and a few other industries, ADP reported Wednesday. The payrolls processing firm said firms added 38,000 workers, fewer…
Uber to cut 10% of workforce in bid to move ‘simpler and faster’
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an Uber product unveiling event in New York, US, on Wednesday, May 14, 2025. Yuki Iwamura | Bloomberg | Getty Images Uber on Wednesday announced plans to slash 10% of its…
U.S. crude near $90 following tit-for-tat strikes by U.S. and Iran
STRAIT OF HORMUZ, IRAN – MAY 16: Ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the U.S. and Iran over opening this critical waterway have largely stalled as the countries have rejected…
Berkshire CEO Abel says Alphabet a ‘significant player’ in AI after growing stake in Q2
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway CEO Greg Abel discussed with CNBC’s Becky Quick on Wednesday the conglomerate’s…
Chevron will expand Venezuela operations, more than doubling production through $7 billion investment
The logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018. Marco Bello | Reuters Chevron announced plans Wednesday to more than double its oil production in Venezuela over the next five years through a $7 billion…
Zelenskyy warns airlines to avoid Russian airspace as drone war grows
Ukrainian President Volodymyr Zelensky speaks during the reburial ceremony for Colonel Yevhen Konovalets on August 18, 2026 in Kyiv, Ukraine. Diego Fedele | Getty Images News | Getty Images Ukrainian President Volodymyr Zelenskyy has urged airlines to…
Palo Alto CEO says $1 trillion of cybersecurity infrastructure isn’t ready for AI
Palo Alto Networks CEO Nikesh Arora said Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world. «Nothing that was deployed seven or 10 years ago is prepared or ready to handle…
China’s Xi keeps Iranian president at arm’s length ahead of Trump summit
KAZAN, RUSSIA – OCTOBER 23: President of China Xi Jinping meets with Iranian President Masoud Pezeshkian (not seen) within the 16th BRICS Summit in Kazan, Russia on October 23, 2024. Iranian Presidency | Anadolu | Getty Images China’s…
Oil major BP completes search for chair after boardroom upheaval
BP on Wednesday formally appointed Ian Tyler as chair after the surprise dismissal of his predecessor Albert Manifold contributed to leadership upheaval at the oil major. Tyler joined the company’s Board as a non-executive director in April last…
Dell Q2 earnings report 2027
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations. Here’s how the company did relative to LSEG consensus: Earnings per…