Sam Altman Makes Stunning Return to OpenAI Helm After Brief Ouster
The former CEO of ChatGPT creator OpenAI will return to the business that dismissed him just days ago.
Nov 22, 2023 8:00 PM EST
Temasek Issues Alert Over Imposter Agents in China Shilling Bogus Investments
Temasek Holdings, a Singaporean company, issued a warning about potential scams involving the sale of financial instruments or goods to naïve people under the guise of the company's Shenzhen, China, office.
Binance CEO's Guilty Plea and $4 Billion Fine Signal Crackdown on Crypto Money Laundering
Zhao resigned as the CEO of the business, and Binance acknowledged breaking the Bank Secrecy Act as well as possibly breaking sanctions laws by failing to set up procedures for reporting suspicious transactions.
UniCredit Merger with Amundi Faces Uncertainty as Amundi Considers Better Terms
Amundi is considering providing UniCredit better conditions in order to renew a distribution agreement that binds the French asset management to the Italian bank and its largest international market.
Latest News
SMBC Places Massive Order for 60 Airbus A320neo Planes
The second-largest aircraft leasing company in the world, SMBC Aviation Capital, said on Tuesday that it has placed an order for 60 Airbus A320neo family aircraft, without providing any financial information about the transaction.
Nov 21, 2023 7:00 AM EST
From Triumph to Turmoil: OpenAI's Dramatic Weekend of CEO Ouster and Microsoft Hire
The revelation that four members of the company's board had fired CEO Sam Altman startled the IT industry on Friday.
Nov 21, 2023 6:18 AM EST
Microsoft Hires ChatGPT Creator OpenAI's Ousted CEO, Fueling Tensions at the AI
The business that built ChatGPT was thrown into disarray Monday after Microsoft recruited its dismissed CEO and several staff vowed to join him in a disagreement over how to construct artificial intelligence smarter than humans.
Nov 20, 2023 8:41 PM EST
Thanksgiving Feast Costs Ebb and Flow, Still Above Average in 2023
You may thank the turkey for saving money on your Thanksgiving feast preparation this year. You may thank the turkey for saving money on your Thanksgiving feast preparation this year.
Nov 19, 2023 9:48 AM EST
Citigroup Set to Announce Management Changes and Layoffs on Monday
Citigroup workers may anticipate announcements regarding management changes and layoffs on Monday as part of the bank's extensive restructuring.
Nov 18, 2023 6:25 AM EST
US Funds Shift Focus Away from China, Offloading Alibaba, Apple
Major U.S. funds are taking a more defensive stance in the face of uncertainty in the second-largest economy in the world by cutting holdings that expose them to China and concentrating more on American technology companies.
Nov 17, 2023 11:10 AM EST
EU Plans to Tighten Scrutiny of Banks' Loan Provisioning Standards
The EU's banking watchdog warned on Friday that banks would face challenges from regulators for their improper use of an accounting regulation.
Nov 17, 2023 10:30 AM EST
Burberry's Luxury Charm Wanes as Shares Sink 9% Reflecting Spending Slowdown
As a result of the British luxury apparel retailer Burberry's warning that full-year operating profit will come in at the low end of estimates due to a global slowdown in luxury spending, the company's shares fell 9% on Thursday.
Nov 17, 2023 9:50 AM EST
Biden Signs Stopgap Funding Bill, Buying Time for Long-Term Spending Agreement
President Biden has signed the bipartisan short-term funding package, which will keep the government running and functioning until early 2024.
Nov 17, 2023 9:27 AM EST
GM and UAW Reach Tentative Agreement, Averting Strike and Ensuring Labor Peace
Members of the United Auto Workers union have voted in favor of a new contract that might put an end to a protracted labor battle and a string of severe strikes.
Nov 17, 2023 6:07 AM EST
Inflation Eases as Supply Chains Smooth, Workforce Expands and Housing Market Cools
Inflation in the United States may be slowly returning to pre-pandemic levels. Long beyond its unpleasant peak, inflation in the United States may be slowly returning to pre-pandemic levels, without the need for further Federal Reserve interest rate rises.
Nov 15, 2023 8:50 PM EST
Truth Social On the Brink of Collapse as Losses Mount
The statement also included a warning that Trump Media's own management is concerned about the firm's capacity to pay for its liabilities and to satisfy its responsibilities to lenders.
Nov 15, 2023 7:29 AM EST
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
