Payments giant makes layoffs citing AI
US $336 million restructuring charge part of company’s goals to become “leaner, more agile”

US $336 million restructuring charge part of company’s goals to become “leaner, more agile”

News Published: Friday, August 14, 2026, 21:00 [IST] Parking a car on the road outside your house in Bangalore will soon become costlier. The Karnataka government has issued a draft Greater Bengaluru Area Parking Rules, 2026, proposing annual residential parking permits of up to Rs. 25,000 for vehicles parked on designated public roads. Under the…
Key Points The big draw for most investors with Annaly Capital (NYSE: NLY) is its massive 13.7% dividend yield. To put that yield into context, the S&P 500 index (SNPINDEX: ^GSPC) has a yield of just about 1%, and the average real estate investment trust (REIT) yields 3.6%. If you are trying to maximize the…
Artificial intelligence giant Anthropic reportedly offered a salary of 145,000 euros (roughly equal to $190,000) for a personal assistant in its London office. The posting called for a “highly organized, detail-oriented, and self-starting administrative business partner” to support “senior go-to-market” leaders. Responsibilities would include scheduling, “handling travel logistics,” managing an executive’s inbox and communications, filing…
By now you’ve probably already noticed it in some of the brands you use daily—“hand-drawn” typography or hastily scanned textures layered over otherwise unremarkable photos. Maybe your cleaning product brands use visual references from a time when “things were easier,” like hand-painted signage and retro illustrations. Or they’re using imperfect blobby type that’s supposed to help…
Proprietary score data that influential government-related mortgage buyers recently revealed could give housing finance firms an edge in predicting loan performance, Bank of America researchers concluded in a new study. Processing Content “We think the providing of the agency score is a timely, robust addition to credit modeling, offering a consistent alternative,” Jeana Curro, Chris…
News Published: Saturday, October 17, 2026, 8:48 [IST] A total of 18 banks will declare their September 2026 quarterly earnings for FY27 on Saturday, October 17, 2026. Among them, the majority are big banks like Axis Bank, ICICI Bank, HDFC Bank and Yes Bank. Further, some of the PSU banks, like Central Bank of India,…