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Sources say the Saratov oil refinery in Russia has been shut down since May 31 due to a drone attack.
2026-06-03
Sources say the Saratov oil refinery in Russia has been shut down since May 31 due to a drone attack.
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2026-06-04
Outplacement firm Challenger reported AI was the top stated reason for layoffs for a third consecutive month in May, with 38,579 AI-related job cuts—the highest monthly total since Challenger began tracking the category in 2023. AI layoffs made up 40
Outplacement firm Challenger reported AI was the top stated reason for layoffs for a third consecutive month in May, with 38,579 AI-related job cuts—the highest monthly total since Challenger began tracking the category in 2023. AI layoffs made up 40% of May's announced cuts (versus 7% in January, 25% in March and 26% in April); year-to-date AI-related cuts total 87,714, or 22% of 2026's announced layoffs, already exceeding 2025's full-year AI tally of 54,836.
2026-06-04
JPMorgan Chase raised its price target for Broadcom (AVGO.O) from $500 to $580.
JPMorgan Chase raised its price target for Broadcom (AVGO.O) from $500 to $580.
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