Salt Lake City Public Library employees raise concerns over staffing, workplace culture

Former and current employees of the Salt Lake City Public Library are raising concerns about staffing levels, workplace culture and communication under the library's current administration.

HSBC shares tumble 6% after third-quarter revenue disappoints, wealth growth slows

HSBC's shares slid 6% on Tuesday after revenue undershot estimates and growth at its wealth business slowed, ​highlighting the challenge big banks face to sustain recent record profits.

Regulators target middle men of online fraud

When online sellers take your money but never deliver, tracking them down can be nearly impossible. Now, federal regulators are going after the credit card processors.

Local AI expert weighs in as Musk offers dim forecast for neocloud companies

Elon Musk offered a gloomy outlook this weekend for neocloud companies as they try to build out data center infrastructure for artificial intelligence.

Wall Street rises as AI stocks keep swinging

U.S. stocks climbed amid a shaky day for markets worldwide, as AI stocks kept swinging and Brazilian stocks tumbled.

Universal Music Group discussed going private with buyout firms, Bloomberg News reports

Universal Music Group held ​preliminary discussions with private equity firms earlier this year ‌about going private, Bloomberg News reported on ⁠Monday, citing ​people familiar with ⁠the matter.

Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.

Apple says it will replace iPhone Duo units showing screen problems

Days after launching its first folding iPhone, Apple acknowledged ​on Monday that some of the devices exhibit display problems and said it will replace them.

Wall Street banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic

Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion ​in financing to buy Broadcom's AI chips and networking gear for Anthropic, in one of the largest debt deals tied to the AI buildout.

JetBlue seeks to reassure investors as losses deepen

JetBlue Airways sought to reassure investors about its financial health on Monday despite posting a bigger-than-expected quarterly loss, as a ​sharp selloff in its bonds and mounting restructuring concerns cast a shadow over the airline's turnaround.

Average price of gasoline during Trump's term now exceeds Biden's, as midterms loom

Americans have paid more for gasoline and diesel at the pump on average during President Donald Trump's second term than under his Democratic predecessor, Joe Biden, according to AAA.

Ben & Jerry's founders explore deal to separate brand from owner, WSJ reports (Oct 26)

(Corrects Ben & Jerry's independent board member numbers to five from two in paragraph ​9 in October 26 story)

DoorDash in talks to buy Instacart in roughly $17 billion deal, source says

DoorDash is in advanced talks to acquire Instacart in a deal ​that could value the grocery-delivery platform at about $17 billion, a source familiar with the matter told Reuters on Monday.

Aspen Neuroscience, Bambusa Therapeutics launch US IPOs as biotech boom rolls on

Drug developers Aspen Neuroscience and Bambusa Therapeutics launched their US initial public offering ​roadshows on Monday, adding to a wave of issuers from the biotech industry that have tapped the fall IPO window.

Pending U.S. home sales hit a new low, fewer homes under contract in Utah

For the four weeks ending Oct. 18, the number of homes for sale with an offer was down 14.4% from the same period a year ago, according to Redfin.

Dollar General overcharged shoppers, FTC and states allege in lawsuit

Dollar General repeatedly charged more than ​advertised prices even after receiving tens of thousands of consumer complaints, the US Federal Trade ‌Commission and 20 states alleged in a lawsuit filed on ⁠Monday.

Microsoft offers buyouts to around 60,000 employees to contain costs

Microsoft said on Monday it is offering voluntary buyouts to about 60,000 employees, or more ​than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments.

New market space, restaurant part of plan for new history-themed Salt Lake City trail

The group behind a new history-themed trail now being constructed near the Utah Capitol says it envisions transformations to historic buildings along the path, which can bring new restaurants and events to Capitol Hill.

Meta eyes record $95 billion equity raise to fund AI expansion

Meta Platforms said on Monday it plans to raise up to $95 billion in its largest-ever equity fundraising, as the social media giant spends ​aggressively on its AI infrastructure expansion.

Unconventional AI buys Israeli chip startup NeuReality to speed product development

Unconventional AI, the US hardware startup that launched less than ​a year ago with a $4.5 billion valuation, said on Monday that it is buying Israeli chip startup NeuReality for an undisclosed sum in a cash-and-stock ‌deal.

Artificial intelligence giant Anthropic files papers to sell shares to the public for the first time

Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity.

From Amazon to Google, the deep-pocketed investors in Anthropic

Only a few startups have attracted as much investor conviction as Anthropic. Backed by some of the biggest names in ​technology and finance, the AI company has seen its valuation soar through successive funding rounds.

Cadence unveils suite of AI models that chipmakers can run in-house

Cadence Design Systems on Monday launched a portfolio of ​AI models tuned to help design computer chips, deepening its open-source model work with Nvidia and diverging from rival Synopsys' recent deal with ‌OpenAI.

T-Mobile debuts wireless plans with customizable perks from streaming to food delivery

T-Mobile on Monday unveiled wireless plans that ​let customers pick and swap perks from Netflix to DoorDash, moving away from its traditional strategy of locking ‌benefits into fixed plan tiers.

SpaceX enters $40 billion deal with Apollo for AI chip financing

SpaceX said on Monday an affiliate of Apollo ​Global Management will buy AI chips and server hardware and lease them to the ‌rockets-to-AI firm, in a deal with total principal payments of ⁠about $40 billion.

FedEx appoints Jamere Jackson as chief financial officer

FedEx on Monday appointed Jamere ​Jackson as chief financial officer, effective November 30.

Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS

Verizon raised its annual forecast for wireless subscriber additions on ​Monday, betting on strong demand for its simplified plans, and signed an AI infrastructure deal worth more than $2 ‌billion with Amazon Web Services.

Obesity drug developer Corxel to go public in US via SPAC deal

Obesity drug developer Corxel Pharmaceuticals will go public ​in the US through a merger with special purpose acquisition company Amanat Acquisition Corp, the ‌companies announced on Monday.