OpenAI is paying former bankers $150/hour to train AI replacements for junior roles. This marks a fundamental shift in investment banking’s talent pyramid and could reshape the entire financial services hierarchy.
Hedge funds are weaponizing antitrust laws in distressed debt battles, alleging collusion among majority bondholders. The Selecta case marks a legal frontier shift with far-reaching implications for creditor rights and restructuring practices.
Amazon’s plan to eliminate 30,000 corporate roles represents more than corporate restructuring. It signals a fundamental reset in UK retail expectations and consumer confidence that will redefine the market through 2025.
Donald Trump’s tariff threats are forcing Canadian businesses to relocate production to the US, but this short-term coercion comes with significant long-term costs for American competitiveness and North American integration.
A breakthrough in materials science uses liquid gallium baths to create the first continuous, defect-free glassy MOF membranes. This innovation overcomes decades-old fabrication challenges and reveals new CO₂ transport mechanisms.
Hundreds of robotic floats diving to 2,000 meters reveal marine heatwaves are disrupting the ocean’s carbon transport system. The data shows climate services we take for granted are more fragile than previously understood.
Amazon is implementing layoffs at its Audible division as part of a wider corporate restructuring affecting 14,000 positions. The move reflects the company’s strategic pivot toward AI-driven efficiency. Industry analysts see this as part of a broader technology sector trend.
Baker Hughes is capitalizing on the global energy transition with record LNG orders and strategic acquisitions. The company’s Industrial & Energy Technology segment grew 15% year-over-year, offsetting traditional oilfield services weakness.
UPS has dramatically accelerated its workforce reduction efforts, cutting 34,000 jobs in 2025—far exceeding initial projections. The shipping giant’s aggressive restructuring reflects fundamental shifts in the logistics industry and changing customer demands.
The Federal Reserve’s upcoming interest rate decision faces unprecedented uncertainty as critical trade data remains locked away due to the government shutdown. Five key trade metrics that would normally inform monetary policy are missing, creating a blind spot for policymakers wrestling with confli
