New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:50
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:48
A Chatbot That Won't Take Bribes for Giving Advice Is a Hit in India
ChatGPT quickly found a home in the sophisticated echelons of investment banks and drug design firms. Now, the
2023-06-15 07:18
Fed to Release Banks' Stress Test Results on June 28
The US Federal Reserve will unveil on June 28 the results of its annual stress tests, which examine
2023-06-15 06:15
UPS, Teamsters reach deal on air conditioning delivery vans, a key issue in contract talks
Negotiators for UPS and the Teamsters union have reached a tentative agreement on a crucial issue in their contract talks: The shipping giant has finally agreed to install air conditioning -- gradually -- in its fleet of 95,000 delivery vans.
2023-06-15 00:58
EU Lawmakers Vote to Limit AI Use, Ban Public Face-Scanning
The European Parliament voted to completely ban real-time, remote biometric surveillance — a decision that will put lawmakers
2023-06-14 21:56
Microsoft Purchase of Activision Temporarily Blocked by Judge
Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. was temporarily blocked by a federal judge in California,
2023-06-14 08:50
Demand for Custom AI Bots Leads to Hiring Push at India IT Firm
Companies across industries are asking for safe and reliable ways to use ChatGPT-like services, creating an opportunity for
2023-06-14 07:46
Meta releases 'human-like' AI image creation model
By Katie Paul NEW YORK Meta Platforms said on Tuesday that it would provide researchers with access to
2023-06-14 02:26
Oracle Tops Sales Estimates as AI-Frenzy Spurs Cloud Demand
Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened
2023-06-13 04:57
AI Hype Starting to ‘Smell Like Dot-Com Era,’ ESG Veteran Says
The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market
2023-06-13 03:28
JPMorgan reaches settlement with Jeffrey Epstein victims
JPMorgan Chase has settled a class action suit from Jeffrey Epstein's sexual abuse victims.
2023-06-12 20:22