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Corporate Investments

All articles tagged with #corporate investments

AI investments fuel layoffs debate as workers pivot to new skills
business18 days ago

AI investments fuel layoffs debate as workers pivot to new skills

Laid-off workers at companies like Microsoft, Intel, and Amazon question whether AI caused their job cuts or simply funded automation efforts. While some see AI as a driver of productivity and cost-cutting, others attribute the moves to broader business priorities; analysts say AI’s impact on employment is not yet clear, but many former employees are pivoting by building AI skills to stay competitive in a leaner, automation-driven job market.

CEOs and Trump to Promote Child Investment Accounts at White House
politics8 months ago

CEOs and Trump to Promote Child Investment Accounts at White House

The CEOs of major companies like Uber, Dell, and Goldman Sachs are expected to announce their commitment to invest billions into 'Trump accounts' for newborns, a government-backed savings initiative that deposits $1,000 at birth, aiming to promote financial security for future Americans. The program, part of a larger budget bill, is pending Senate approval and includes provisions for additional contributions and investment options, with the goal of supporting middle-class families.