The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology. Story Published at: June 13, 2023 at 01:02PM Continue Reading…
Accenture Makes a $3 Billion Bet on A.I.
JPMorgan Moves to Put the Epstein Case Behind It
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender’s victims. Story Published at: June 12, 2023 at 01:13PM Continue Reading…
Reassessing the Board Fight That Was Meant to Transform Exxon
As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little. Story Published at: May 31, 2023 at 12:18PM Continue Reading…
Carl Icahn’s Battle with Illumina Comes to a Head
Shareholders are set to vote on Thursday whether to back the gene-sequencing company’s incumbent board or candidates named by the activist investor. Story Published at: May 25, 2023 at 12:45PM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs. Story Published at: April 13, 2023 at 01:01PM Continue Reading…
Europe Plots a Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties. Story Published at: April 5, 2023 at 01:03PM Continue Reading…
Troubles at Silicon Valley Bank Rock the Global Market
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders. Story Published at: March 10, 2023 at 12:33PM Continue Reading…
Why JPMorgan Is Turning on an Ex-Star
The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein. Story Published at: March 9, 2023 at 12:37PM Continue Reading…
FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund. Story Published at: February 15, 2023 at 10:00AM Continue Reading…