U.S. employers added 162,000 jobs in August while unemployment stayed at 4.1%, a sign of resilience that could factor into the Fed’s rate decision.
Adobe named company veteran Anil Chakravarthy as its next CEO. Shares dipped as another longtime business leader plans to depart, signaling possible turnover.
Nvidia buys Hugging Face for $12.9 billion, pushing deeper into AI platforms. Executives say the open-source hub will stay open as Nvidia expands beyond chips.
Pabst Blue Ribbon is offering up to $20,000 for information leading to the recovery of 1,602 stolen cases in Southern California. Tips can be emailed to hotline@pabst.com.
Palo Alto Networks stock rose after an earnings beat, with CEO Nikesh Arora pointing to strong AI cybersecurity demand and durable enterprise tailwinds.
OpenAI and Microsoft reported service disruptions Monday, with ChatGPT Work outages and Exchange Online issues affecting users as fixes were underway.
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