Dow Jones Top Company Headlines at 3 am ET: Telia to Cut 900 Jobs in Plan to Save $100 Million a Year | Amazon ...

Dow Jones
Oct 12

Telia to Cut 900 Jobs in Plan to Save $100 Million a Year

The telecommunications operator said cuts, which represent around 6.4% of its 14,100-strong workforce, are expected to be complete before year end.

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Amazon in Talks to Buy AI Startup Decart for Around $7 Billion

The San Francisco company's software makes it easier for developers to switch between different AI chips.

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America's EV Downturn Hides a Silver Lining: Charging Is Quietly Getting Better

Public EV chargers continue to be installed at a steady clip, even as the industry faces a tough road to long-term profitability.

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FTX's Old Bitcoin-Mining Assets Are Now Part of the AI Boom

A bitcoin-mining business that appeared left for dead after the collapse of Sam Bankman-Fried's crypto empire is being resuscitated to serve the artificial-intelligence build-out.

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Anthropic AI Model Went Rogue, Submitted Fake Unsolved Murder Tip

The artificial-intelligence giant alerted Philadelphia police two months after one of its models submitted the false information.

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Kalshi Examines Bets on Trump's Pick for New White House Press Secretary

The prediction market is examining a series of trades that correctly predicted the appointment of Katie Zacharia, who wasn't previously seen as a front-runner.

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Brands Say They're Pouring Tariff Refunds Into Marketing

Cash back from the government will help pay for advertising and branding, companies say, though the messages may partly be marketing of their own.

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Delta Posted Record Revenue. Why It Slashed Earnings Guidance.

The carrier's stock has outperformed its rivals this year but was falling after its third-quarter earnings Friday.

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Humana Says 95% of Medicare Advantage Members in 4-Star Plans for 2027

Humana said 95% of its Medicare Advantage members are enrolled in plans rated at least four stars for 2027, an improvement that could make more of its membership eligible for quality-related bonus payments.

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Chinese Auto Giant Geely Announces Canada Entry in 2027 as U.S. Seeks Ban

The automaker is expanding to Canada under a deal to bring tens of thousands of affordable EVs from China's car companies to the country.

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SpaceX Makes Big Play to Become a Wireless Carrier

Elon Musk's space company is buying spectrum licenses to help build a mobile network to compete with telecom giants.

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7-Eleven Inc. CEO Using Japan Playbook for North America Growth

EXCLUSIVE: After first announcing the IPO in March last year, the company now expects a listing by fiscal 2027 at the earliest.

 

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