Microsoft Cuts Jobs, Chime Files IPO, and Silicon Valley Races AI to Market

In today’s episode of The Business Show, Microsoft cuts 6,000 jobs in a major restructuring move, Kraft Heinz announces a $3 billion factory upgrade to combat rising costs and tariffs, and Chime files to go public while distancing itself from being seen as a bank. American Eagle Outfitters pulls its outlook after weak quarterly results, and a growing concern is echoing through Silicon Valley: has AI safety been sacrificed for speed and profits? Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices