Fearing AI job losses, some young workers shift towards skilled trades

In Today’s News

CVS to pay $37.8 million to settle claims over insulin pens

NEW YORK, Dec 2 (Reuters) – CVS Health will pay $37.76 million to settle allegations it dispensed too many insulin pens to patients, and then obtained improper reimbursements from Medicare, Medicaid and other government healthcare programs, U.S. Attorney Jay Clayton in Manhattan said on Tuesday.The settlement …

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Amazon to use Nvidia tech in AI chips, roll out new servers

LAS VEGAS, Dec 2 (Reuters) – Amazon.com’s AWS cloud computing unit on Tuesday said it will adopt key Nvidia technology in future generations of its artificial intelligence computing chips as the firm ramps up efforts to get major AI customers using its services.AWS, or Amazon Web Services, said it will adopt …

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Featured Article

Fearing AI job losses, some young workers in Britain shift towards skilled trades

LONDON, Dec 2 (Reuters) – In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability.Like a growing number of young people in Britain and beyond, 18-year-old Yaroshenko o …

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Other Headlines

Nvidia CFO says chipmaker yet to finalize $100 billion OpenAI deal

Kress’ comments add to intensifying discussion around a partnership that ties two of the most significant players in the artificial intelligence race and is at the center of rising concerns around circular deals in the AI ecosystem.The world’s most valuable company in September unveileda letter of intent to i …

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UK set for faster growth in 2026, slower inflation, OECD forecasts

LONDON, Dec 2 (Reuters) – Britain’s economy will grow faster than previously expected next year, the OECD said on Tuesday, citing the impact of finance minister Rachel Reeves’ budget on consumption and drag from global uncertainty that could keep pressure on inflation. The Paris-based organisation raised …

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Australia’s Star Entertainment names Mathieson Jr. as new chair

Chairwoman Anne Ward has resigned as a director of the company, Star said in a statement on Monday. Sydney-based Star, Australia’s second-largest casino operator, had been scrambling to stave off bankruptcy as years of regulatory scrutiny left it cash-strapped when Bally’s and the Mathieson family tabled a A$ …

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Ukraine offers bond swap on $3.2 billion GDP warrants in bid to emerge from default

LONDON, Dec 1 (Reuters) – Ukraine launched an offer to investors to swap $3.2 billion of complex and costly GDP warrants for international bonds on Monday, the government said, as it attempts to clear a major remaining hurdle in its push to emerge from sovereign default.Kyiv managed to complete a restructurin …

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