Amazon scraps secret AI recruiting tool that showed bias against women
Amazon.com Inc’s machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.
Amazon.com Inc’s machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.
Japan’s SoftBank Group Corp is in discussions to take a majority stake in shared office space provider WeWork Cos, a source familiar with the matter said, a deal that would increase one of its biggest bets on a late-stage U.S. startup.
Sears Holdings Corp has hired M-III Partners LLC to prepare a bankruptcy filing that could come ahead of next week’s debt payment, the Wall street Journal reported on Tuesday, citing people familiar with the situation.
Asian shares steadied in early Wednesday trade after world stocks hit eight-week lows the previous day on worries about global economic growth, although the pound stayed firm on hopes for a Brexit deal.
Japan’s SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, the Wall Street Journal reported on Tuesday, citing people familiar with the talks.
British vacuum-cleaner maker Dyson is making a second push into the high-end beauty market with a $500 hair styling tool that it has engineered to create curls, waves and smooth blow dries without extreme heat.
William Ackman said on Tuesday his activist hedge fund Pershing Square Capital Management LP has built a roughly $900 million position in Starbucks Corp , betting the world’s biggest coffee chain can overcome stagnant sales in its home market.
European Union nations, voicing concern over a U.N. report on global warming, agreed on Tuesday to seek a 35 percent cut in car emissions by 2030, as Germany warned that overly challenging targets risked harming industry and jobs.
A gauge of global equity markets edged lower on Tuesday, with a decline in materials offsetting rising energy shares, while long-dated U.S. Treasury yields pulled back from multi-year highs and helped weaken the dollar.
The Dow and S&P 500 ended slightly lower on Tuesday as investors, worried about global growth prospects, fled from materials and industrials stocks but falling bond yields kept declines in check in the three major indexes.
Fully self-driving cars may be on the fast lane to U.S. roads under a pilot program the Trump administration said on Tuesday it was considering, which would allow real-world road testing for a limited number of the vehicles.
The Dow and S&P 500 ended down slightly on Tuesday as investors, worried about global growth prospects, sold materials and industrials stocks, but falling bond yields kept declines in check.
Tesla Inc claimed its Model 3 electric car has the lowest risk of occupant injury of any vehicle in U.S. government tests, but the National Highway Traffic Safety Administration on Tuesday said the claim goes beyond the scope of its analysis.
Procter & Gamble Co was informed on Tuesday that it is now exempt from the 25 percent U.S. tariff levied on imported Japanese and Swedish steel that is used in its Gillette and Venus razor blades, a company spokesman told Reuters.
Wall Street’s major indexes failed to make much progress on Tuesday as investors, worried about global growth prospects, fled from materials and industrials stocks.
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