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Fed Beige Book Signals Margin Squeeze for Consumer Brands

Fed Beige Book Signals Margin Squeeze for Consumer Brands
Fed Beige Book Signals Margin Squeeze for Consumer Brands
June 03, 2026  |  Consumer Insights

Americans are facing growing affordability pressures, and companies are having mixed results in passing on higher costs, the Federal Reserve said in its May Beige Book released Wednesday...

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Apple to Scrap Vision Pro Successor and Focus on Smart Glasses
Apple to Scrap Vision Pro Successor and Focus on Smart Glasses
June 03, 2026  |  Apple

Apple has dropped its plans for a successor to its Vision Pro mixed reality headset and will focus instead on smart glasses, Seeking Alpha reported...

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Morgan Stanley and Goldman Sachs Land Anthropic IPO
Morgan Stanley and Goldman Sachs Land Anthropic IPO
June 03, 2026  |  IPO

Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering (IPO), with JPMorganChase also involved in the deal, Bloomberg reported Wednesday (June 3), citing unnamed sources. Get the...

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Sam Altman Aims to Shape AI Collaborations in Washington Meetings
Sam Altman Aims to Shape AI Collaborations in Washington Meetings
June 03, 2026  |  Artificial Intelligence

OpenAI CEO Sam Altman met with lawmakers and White House officials Wednesday (June 3), a day after President Donald Trump signed an artificial intelligence-focused executive...

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Shopify Resolves 2-Hour Outage Impacting Storefronts and Checkouts
Shopify Resolves 2-Hour Outage Impacting Storefronts and Checkouts
June 03, 2026  |  eCommerce

Shopify has resolved a two-hour outage that started Wednesday morning (June 3). Get the Full Story Complete the form to unlock this article and enjoy...

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Alphabet Increases Record-Breaking Stock Offering to Feed AI Demand
Alphabet Increases Record-Breaking Stock Offering to Feed AI Demand
June 03, 2026  |  Artificial Intelligence

Two days after announcing a plan to raise $80 billion in equity capital to expand its artificial intelligence infrastructure, Alphabet raised it to $84.75 billion....

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Anthropic Updates Partner Program As Enterprise AI Adoption Grows
Anthropic Updates Partner Program As Enterprise AI Adoption Grows
June 03, 2026  |  Artificial Intelligence

Anthropic has announced two updates to its three-month-old Claude Partner Network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Uber Cuts 23% of Roles in HR-Focused ‘People’ Division
Uber Cuts 23% of Roles in HR-Focused ‘People’ Division
June 03, 2026  |  Business

Uber is reportedly cutting 23% of its “People” division, continuing a string of tech layoffs. Get the Full Story Complete the form to unlock this article...

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