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[ad_1] NBCUniversal just gave its staffers an ultimatum: return to the office four days a week in 2026, or take a severance package.Business Insider first published NBCU’s return-to-office memo, and now we have exclusive details about the company’s “voluntary exit assistance package.”NBCU employees were instructed to contact their HR manager if they aren’t willing to work in the company’s offices from Monday to Thursday, starting January 5.According to internal communications viewed by Business Insider, those who ask their manager about the severance package by October 3 will get the following offer: eight weeks of their base salary and continued healthcare…

[ad_1] The Bureau of Labor Statistics reported Tuesday that 911,000 fewer nonfarm jobs were added in the year through March than previously reported.BLS said job estimates are benchmarked each year “to comprehensive counts of employment” based on state unemployment insurance tax records.This year’s estimate was larger than last year’s preliminary estimate of 818,000 fewer jobs created, although that was later adjusted in final benchmark revisions to a smaller drop of 598,000.The revision adds to the stark picture of a cooling labor market, where other data points have indicated it’s much harder to find a job. Power has shifted back to…

[ad_1] “Succession” fans rejoice! We’ve got a new episode! Ok, not really. But there is a very real update to the succession plans for the Murdoch Family Trust. BI’s Peter Kafka explains what the latest settlement means for Rupert Murdoch’s massive media empire.In today’s big story, we’re just over a week away from the Fed likely cutting rates. Just don’t expect it to solve all the economy’s problems or send stocks soaring.What’s on deck:Markets: Ken Griffin takes a stand on the Fed remaining independent.Tech: AI’s thirst for data is threatening to reshape the way we navigate the internet.Business: Gen Z…

[ad_1] 2025-09-09T13:27:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Public high schools can offer high-quality education without the tuition cost of private schools. Niche released its 2025 ranking of the best public high schools in the US. Many of the top schools are in states like Illinois, New Jersey, and New York. A good high school education…

[ad_1] Companies that have dug deep into AI have fallen in love with nuclear power for its promise of 24/7 electricity. Meta, Google, and Microsoft have all made deals with startups or reactor operators. But does the nuclear industry love AI back? Yes, with caveats. No one is proposing to let an AI run a reactor, but power companies are increasingly interested in the technology’s potential to tighten things up on the business side, Bradley Fox, co-founder and CEO of Nuclearn, told TechCrunch. Fox and Jerrold Vincent started Nuclearn to capitalize on that interest. The company says its AI tools…

[ad_1] Europe’s big comeback plan to close the innovation gap with the US and China is struggling to take off.One year ago, former Italian prime minister and former European Central Bank chief Mario Draghi warned that the EU faced an “existential challenge” if it didn’t invest in advanced technologies like artificial intelligence.In his landmark report, Draghi said Europe had missed the boat on cloud computing and quantum, but argued it still had a shot at leadership in generative AI and other frontier industries.A year later, the follow-through looks underwhelming, according to a new Deutsche Bank report published on Tuesday.Only 11.2%…

[ad_1] (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Traders are keeping an eye on financials as the sector’s backdrop improves. Investors are also awaiting key revisions to U.S. labor data due out later in the day. ‘Worldwide Exchange’ Pick: Financials Paul Christopher of Wells Fargo sees opportunities in financials because of the recent moves in bond yields. “Since the end of July, you have seen the 2-year [Treasury note yield], a proxy for short-term rates, fall by almost half a…

[ad_1] Here are Tuesday’s the biggest calls on Wall Street: Wedbush reiterates Apple as outperform Wedbush said it’s sticking with Apple ahead of its new product reveal on Tuesday. “While, Cook & Co. have done an extremely good job so far navigating a complex and challenging tariff environment, we expect the company to potentially raise prices on the Pro/Pro Max by ~$50 to ~$100 as it continues to focus on production in India as the majority of iPhones sold in the US are now being made in India rather than in China and expected to be a ~$1 billion headwind…

[ad_1] Mistral AI, the French company that develops the AI chatbot, Le Chat, and several foundational large language models, is considered one of France’s most promising tech startups, and is arguably the only European company that could compete with OpenAI. “Go and download Le Chat, which is made by Mistral, rather than ChatGPT by OpenAI — or something else,” French president Emmanuel Macron said in a TV interview ahead of the AI Action Summit in Paris in February 2025. In a significant step up from its June 2024 valuation of $6 billion, Mistral is now valued at €11.7 billion (approximately…

[ad_1] There’s an attractive buying opportunity in New York Rangers and Knicks parent Madison Square Garden Sports , according to Citi. The bank initiated coverage of the American sports holding company with a buy rating and a $285 per share price target. Citi’s forecast implies more than 40% upside from Monday’s close. Analyst Steven Sheeckutz said the market could be underestimating Madison Square Garden Sports, which could present a buying opportunity for investors. MSGS YTD mountain Madison Square Garden Sports stock in 2025. “At prevailing levels, MSGS equity appears undervalued relative to third-party valuations and recent transaction multiples,” Sheeckutz said.…