Sherin Shibu

Inflation fell in April to its lowest rate since February 2021, per the latest data released Tuesday by the U.S. Bureau of Labor Statistics (BLS). The consumer price index (CPI), which measures the prices of key goods and services, tracked […]

Six months after revealing layoffs affecting 9,000 workers, Nissan is more than doubling that amount and cutting 20,000 jobs within the next two years instead. In an announcement on Tuesday, Nissan publicized a recovery plan called “Re:Nissan,” which aims to

Elizabeth Holmes, 41, is currently in prison for defrauding investors through her infamous blood-testing startup Theranos. Now, her partner and the father of her two children, Billy Evans, has founded a blood-testing startup—but the company insists it isn’t Theranos 2.0.

A robot, not a human pharmacist, may be filling your prescription at Walgreens. And there’s about to be a lot more of them. Walgreens told CNBC on Sunday that it wants to have more of its pharmacies send prescriptions to

DeepSeek’s AI app quickly became popular in the U.S. after its release in January, rising to the top of U.S. Apple and Google app stores and capturing the attention of Silicon Valley. DeepSeek differentiated itself from its competitors, like ChatGPT,

Months after touting AI’s potential to replace human work, Klarna CEO Sebastian Siemiatkowski is backtracking and reversing an AI-induced hiring freeze to bring on more human staff. Siemiatkowski, 43, told Bloomberg on Thursday that Klarna is hiring human workers again

Pinterest CEO Bill Ready says AI deserves credit for the “healthy” results the social media company reported on Thursday. For the first quarter of the year, ending March 31, Pinterest’s global revenue was $855 million, a 16% year-over-year increase, while

Genetic testing company 23andMe filed for bankruptcy in the U.S. on Sunday, and its CEO resigned following a steep decline in the company’s market value and decreased demand for its products following a massive data breach in 2023. 23andMe released

Before Amazon CEO Andy Jassy joined Amazon in 1997 as a marketing manager, he had tried multiple career paths, working in investment banking, sports production, and retail. In an Amazon blog post published last week, Jassy, 57, reflected on his

Snap CEO Evan Spiegel, 34, has one piece of advice for anyone looking to be an entrepreneur: Don’t be afraid to be creative. “I think one of the most important things today is really nurturing creativity,” Spiegel said in a