Business News [UP]

Roku plans to fire an additional 200 employees, amounting to approximately 6% of its workforce, the company also plans to shut down or rent out several properties....Read More

The latest estimate for fourth quarter U.S. GDP was revised lower to 2.6% driven in part by a decline in consumer spending, data published Thursday show....Read More

From biofuels to hydrogen, members of the European Parliament on Thursday agreed on a provisional measure that increases the share of renewables to as high as 45% by 2030....Read More

Hundreds of tech leaders, including Elon Musk, are warning artificial intelligence labs in an open letter to immediately stop the “out of control” advanced AI race for six months to make sure all systems are safe....Read More

Video game creator Electronic Arts confirmed Wednesday it is laying off 6% of the company’s overall workforce....Read More

Major energy companies working in northern Iraq said Wednesday they shut down production due to an international court decision that tacitly limits crude oil exports through networks in Turkey....Read More

Sotheby’s will be auctioning off the most valuable purplish pink diamond ever brought to auction in Hong Kong this June....Read More

Tennessee-based Dollar General is reportedly in settlement talks with the U.S. Department of Labor over allegations of workplace safety violations....Read More

Apple unveiled its new short-term, no-interest payment program Apple Pay Later on Tuesday, giving Apple Pay users a new way to manage their finances....Read More

Progress has been made in the fight against climate change, but it’s lopsided and still far short of what’s necessary to avoid a global crisis, the U.N.-backed International Renewable Energy Agency said Tuesday....Read More