Business

Ericsson to cut 8,500 jobs worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.

Business

Google affiliate abandons futuristic neighborhood project

A Google affiliate on Thursday abandoned plans to build a futuristic neighborhood on Toronto's lakefront that was to include robots for delivering mail and collecting garbage, citing economic uncertainty.

Business

Struggling cities face more pain from AI boom

Artificial intelligence is likely to transform our world in many ways, but one that hasn't received much attention is the technology's looming impact on real estate. As AI becomes an essential component of both business and ...