Articles by April Fowell

751-780 (out of 786)

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.

Nov 22, 2023 5:16 PM EST


Retailers with Flexible Policies Gain Customer Loyalty

Stores that provide generous return policies can win over loyal customers and allay Christmas buyers' fears about squandering money on unneeded items.

Nov 22, 2023 9:53 AM EST


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.

Nov 22, 2023 8:00 AM EST


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.

Nov 21, 2023 10:17 PM EST


Debt-Free Holidays: Steps to Slash Your Credit Card Burden Before Shopping Sprees

Before the holidays, when money is most required, many people find themselves in a financial rut due to the present credit card interest rates, which are often about 20 percent.

Nov 21, 2023 8:50 AM EST


McDonald's Deepens China Commitment with Carlyle Deal, Boosting Minority Stake

McDonald's is acquiring Carlyle's interest in its China operations, boosting its minority ownership from 20 percent to 48 percent.

Nov 21, 2023 7:40 AM EST


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


El Nino's Sweet Revenge: Sugar Prices Soar as Crops Wither

The world's sugar prices are at their highest point since 2011, mostly as a result of reduced global supply following extremely dry weather that harmed harvests in Thailand and India, the second and third-largest sugar producers.

Nov 19, 2023 8:18 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


Meta's Disinformation Woes Fuel Business Opportunities for Former Employees

The issue is made worse by the fact that, as part of larger cost-cutting initiatives that started late last year and will continue until 2023, Meta, Alphabet, the parent company of Google, and X, previously Twitter, have all removed positions related to content moderation, trust, and safety.

Nov 19, 2023 9:17 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


Jobless Claims Jump to Highest Level in Three Months, Signaling Cooling Labor Market

The number of Americans filing new jobless claims reached a three-month high last week. The number of Americans filing new jobless claims reached a three-month high last week, indicating that the labor market was progressively cooling, adding to the Federal Reserve's fight against inflation.

Nov 16, 2023 11:00 PM 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


Inflation Cools, Stocks Surge: Dow Rebounds with 489-Point Jump

Tuesday saw a sharp increase in US stock prices as investors cheered the release of the October Consumer Price Index, which shocked them with lower-than-expected inflation statistics.

Nov 15, 2023 9:38 AM EST


Terrapay-Maya Partnership: Filipinos Gain Easier Access to Global Money Transfers

TerraPay and Maya announce a groundbreaking international alliance during the Singapore Fintech Festival, improving accessibility, convenience, and security of international remittances for Filipinos everywhere.

Nov 15, 2023 8:10 AM 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


Japan's Economy Shrinks for the 3rd Quarter This Year as Exports Plummet

Japan's economy shrank from July to September, ending two-quarters of growth fueled by exports and tepid consumption.

Nov 15, 2023 6:34 AM EST


Disney's $40 Billion Impact in Florida Faces Uncertainty Amidst Legal Battle

Disney issued a report on Tuesday that estimated its economic effect in Florida at $40.3 billion, as the business battles Florida Gov. Ron DeSantis and his appointees

Nov 14, 2023 9:25 PM EST


New Report Finds China's Development Banks Are Lagging Behind on Green Energy Finance

China's promise to stop financing coal from abroad has not yet resulted in more money going into renewable projects.

Nov 14, 2023 6:16 PM EST


Students' Political Travel Dreams Shattered as Politrip Goes Bankrupt

According to insolvency filings, the company had £2,000 in bank accounts, but it owed HM Revenue and Customs £8,000 and individual clients about £60,000.

Nov 14, 2023 9:51 AM EST


US Treasure Secretary Yellen Urges APEC Finance Ministers to Embrace Sustainable Growth Strategies

U.S. Treasury Secretary Janet Yellen urged the finance ministers of the Pacific Rim to increase their economies' potential for productivity.

Nov 14, 2023 6:40 AM EST


David Cameron's Return Stirs up Memories of Greensill Financial Controversy

Dive into the Greensill financial scandal, encompassing David Cameron's involvement, the collapse of Greensill Capital, Credit Suisse's losses, GFG Alliance's loan, and ongoing investigations, revealing the intricate fallout and controversies.

Nov 14, 2023 5:45 AM EST


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