Amazon announced the second major round of layoffs in ​three months, as it restructures after pandemic-era over-hiring and expands the adoption of ‌artificial intelligence tools.

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Reuters Business

Reuters Business

 

Amazon axes 16,000 jobs as it pushes AI and efficiency 

 

Fed expected to hold rates steady as rate-cut pause begins 

 

Dollar pinned near four-year low after Trump comments fuel selling 

 

Novo's Wegovy and Ozempic US advertising spend doubles rival Eli Lilly, data shows 

 

US stock index futures rise as Wall Street braces for Fed decision, Big-Tech earnings 

 

RFK Jr. pushed food companies to cut artificial dyes. Here’s why they’re moving slowly 

 

Gold climbs to record high above $5,300 as dollar slips 

 

China gives nod to ByteDance, Alibaba and Tencent to buy Nvidia's H200 chips - sources 

 

Starbucks beats first-quarter global comparable sales estimate as demand rebounds 

 

A year into Trump presidency, 'pivot to China' gathers pace 

 

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