California utilities just had their state-guaranteed profit margins trimmed slightly. The move will save customers about $100 million, but it’s a drop in the bucket compared to the $840 million in new, pre-approved rate increases coming soon.
The AI boom is forcing a massive talent overhaul at top consulting firms. They’re no longer just hiring armies of generalists; they’re desperately seeking engineers and “hybrid” roles while retraining thousands of existing staff.
Amazon’s Chief Security Officer revealed the company blocked over 1,800 suspected North Korean job applicants since April 2024. These scammers use fake identities to funnel wages to the regime and steal data. The problem is growing across all industries.
iRobot, the company behind the iconic Roomba, has filed for Chapter 11 bankruptcy and is being acquired by Picea, its primary contract manufacturer. The deal is expected to close by February 2026, leaving the future of the brand uncertain for now. Experts recommend holding off on a Roomba purchase u
FedDev Ontario is investing over $3.1 million to support Sky Acoustics, Letar Inc., and Petra Hygenic Systems. The funding aims to help these manufacturers scale operations and integrate advanced technologies like automation and AI.
AT&T’s CEO sent a blunt memo in August, doubling down on a five-day in-office model for 140,000 employees. The message reveals a deeper shift in the employer-employee contract that every company is facing.
Imprint, a fintech that builds co-branded credit card programs, has raised $150 million at a $1.2 billion valuation. The round was led by Khosla Ventures, with participation from several top-tier VC firms.
The era of the unicorn is over. A new class of startup, the “hectocorn,” valued at $100 billion or more, has emerged. This small club includes giants like OpenAI, SpaceX, and ByteDance.
A new report reveals a surprising common goal for CFOs across manufacturing, healthcare, and tech. They’re all focused on slashing the time it takes for revenue to become usable cash, a metric now seen as critical for business resilience. The path to get there, however, looks completely different on
The mystery behind a data center developer’s stock crash is solved. Amazon is the prospective tenant that withdrew a $150 million construction advance for a massive Texas project, though talks are reportedly still ongoing.
