Amazon and iRobot merger abandoned over competition concerns
Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition.
Month: January 2024
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The George Carlin ‘AI’ Standup Creators Now Say a Human Wrote the Jokes
A lawsuit filed by Carlin’s manager will still move forward.
US Lawmakers Tell DOJ to Quit Blindly Funding ‘Predictive’ Police Tools
Members of Congress say the DOJ is funding the use of AI tools that further discriminatory policing practices. They’re demanding higher standards for federal grants.
Nikki Haley didn’t say if she’ll stay in the race after Super Tuesday: ‘I don’t think too far ahead’
Only a handful of state primaries remain until Super Tuesday, when 15 states hold theirs simultaneously.
The labor market needs the first US rate cut to happen in March, Goldman says
"The labor market is such a tricky one. [Before a downturn] it always looks like it’s not too bad, and then it goes south quickly," Esther George said.
American’s housing shortage won’t be solved for years to come
A bounce in supply and lower demand in 2023 wasn’t enough to offset years of underbuilding in the US housing market.
It’s a make-or-break week for the stock market. Here’s why.
In today’s big story, we’re looking at why this is such a big week for the stock market.
Watch the moment a GOP congresswoman forgot how she voted on bills she’s bragged about, but actually opposed: ‘I need to ask my staff’
Rep. Salazar was pressed during a local TV interview about why she was touting government funding that she actually voted against.
Roomba maker hit with layoffs as Amazon calls off $1.7 billion cash deal
Amazon blamed "undue and disproportionate regulatory hurdles" for scrapping the 2022 deal to acquire iRobot.
MacKenzie Scott sold Amazon stock worth more than $10 billion last year
The ex-wife of Amazon founder Jeff Bezos is 35th on the Bloomberg Billionaires Index, worth almost $38 billion, and has signed the Giving Pledge.