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Business Briefs Clark County Business Columnists Transactions Working in Clark County

This photo provided by Michelob Ultra shows a scene from Michelob Ultra 2023 Super Bowl NFL football spot. A bevy of booze brands will be in the Super Bowl ad lineup this year, now that Anheuser-Busch has ended its exclusive advertising sponsorship after more than 30 years.

Here’s why this year’s Super Bowl beer ads go beyond Bud

February 7, 2023, 1:34pm Business

A bevy of booze brands will be in the Super Bowl ad lineup this year, now that Anheuser-Busch has ended its exclusive advertising sponsorship after more than 30 years. Read story

Federal Reserve chair Jerome Powell speaks during a news conference, Wednesday, Feb. 1, 2023, at the Federal Reserve Board in Washington.

Fed’s Powell: Strong hiring could force further rate hikes

February 7, 2023, 11:30am Business

Federal Reserve Chair Jerome Powell said Tuesday that if the job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects. Read story

FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of the company's Nasdaq IPO in New York. The video-conferencing service is cutting about 1,300 jobs, or approximately 15 percent of its workforce. CEO Eric Yuan said in a blog post Tuesday, Feb. 7, 2023, that the company ramped up staffing during the COVID-19 pandemic, when businesses became increasingly reliant on its service as people worked from home. Yuan said Zoom grew three times in size within 24 months to manage demand.

Big tech job cuts keep coming; Zoom latest to trim headcount

February 7, 2023, 11:30am Business

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. The computer maker Dell said Monday that it’s cutting about 6,600 jobs. Large and small tech companies went on a hiring spree… Read story

FILE - A sign is shown on a Google building at their campus in Mountain View, Calif., Sept. 24, 2019. Google is girding for a battle of wits in artificial intelligence with "Bard," a conversational service apparently aimed at countering the popularity of the ChatGPT tool backed by Microsoft. Bard initially will be available exclusively to a group of "trusted testers" before being widely released later in the year, according to a Monday, Feb. 6, 2023, blog post from Google CEO Sundar Pichai.

Google hopes ‘Bard’ will outsmart ChatGPT, Microsoft in AI

February 7, 2023, 9:57am Business

Google is girding for a battle of wits in the field of artificial intelligence with “Bard,” a conversational service aimed at countering the popularity of the ChatGPT tool backed by Microsoft. Read story

UK energy giant BP’s profits double to $27.7 billion

February 7, 2023, 9:57am Business

British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine. Read story

Boeing to slash about 2,000 white-collar jobs in finance and HR

February 7, 2023, 9:56am Business Updated 14 hours ago

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance. Read story

Germany, Denmark, Netherlands pledge Ukraine Leopard 1 tanks

Anastasia, center, cries as soldiers carry the coffin of her brother Oleg Kunynets, a Ukrainian military servicemen who were killed in the east of the country, during his funeral in Lviv, Ukraine, Tuesday, Feb 7, 2023.

February 7, 2023, 9:49am Business

Russian shelling damaged a hospital and apartment buildings in Ukraine, local officials said Tuesday, while military analysts expressed skepticism about the potential impact of what Kyiv says is a brewing Moscow offensive around the anniversary of its invasion. Read story