Business and Economy

Business and Economy Latest News

Amazon profit beats expectations on booming sales
Amazon profit beats expectations on booming sales
by  AFP

Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime discount event. Net sales revenue at Amazon increased 11 percent to $134.4 billion, compared with $121.2 billion in the same quarter a year earlier, the earnings report showed.

AI anxiety: workers fret over uncertain future
AI anxiety: workers fret over uncertain future
by  AFP

The tidal wave of artificial intelligence (AI) barrelling toward many professions has generated deep anxiety among workers fearful that their jobs will be swept away -- and the mental health impact is rising. Goldman Sachs analysts see generative AI impacting, if not eliminating, some 300 million jobs, according to a study published in March.

Energy

Money

Industry

Technology

Economy