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Oracle layoffs: Stock price rises as sudden job cuts shock employees

The SaaS tech giant has been under pressure to cut costs to fund its large AI data center buildout, while also pivoting to become a cloud computing provider. Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL).

5750 views
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As the Iran war drags on, are Trump’s tactics to regulate markets working?

Jeffrey Sonnenfeld, a professor at the Yale University School of Management, says Trump’s mixed messaging is starting to backfire. As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from...

5653 views
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What happened to Allbirds?

Once valued at $4 billion, the brand known for its comfortable footwear just sold itself for a fraction of that. Here’s what investors can expect. AllBirds Inc. was valued at $4 billion less than five years ago. Now, it will be sold for just $39 million. 

5239 views
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Gas prices jump past $4 a gallon in the U.S., the highest since 2022

Drivers in some states have been paying over $4 a gallon for a while now. U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday as the Iran war pushed fuel prices to soar worldwide.According to motor club AAA, the national average for a gallon of regular gas...

5680 views
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TSA pay is back today—but here’s why airport lines could still be slow

Callouts hit double digits during the shutdown, and rebuilding staff numbers could take time. On Friday, President Trump signed an executive order to fund the Transportation Security Administration for the time being, meaning TSA workers are set to receive paychecks after nearly six weeks of going ...

5574 views
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Some airport wait times improve as TSA workers start to get paid

President Donald Trump on Friday ordered the DHS to pay TSA officers immediately to ease the lines plaguing airports. After weeks of chaos in U.S. airports, the Transportation Safety Administration said the first paychecks in weeks are being sent as early as Monday to its workers, giving the b...

5586 views

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