Nikkei and Kospi both open more than 1% lower
The Kospi opened down just over 1% after some utterly crazy moves this week. The Korean index had been swinging upwards of 10% daily, and this looks like a much more ‘normal’ day. Note though that the open breaks yesterday’s low, which isn’t a good sign. In Japan, the Nikkei opened down 1.1%. Asia stocks […]
Amazon cuts at least 100 jobs in robotics unit amid ongoing layoffs
FOX Business host Charles Payne unpacks AI disruption fears on ‘Making Money.’ Amazon is continuing its workforce reductions, cutting at least 100 white-collar jobs in its robotics unit this week, according to a new report. The affected division designs robots and other automation systems used primarily in Amazon warehouses, two people familiar with the matter […]
