Business News
Satya Nadella's 3-word description of Microsoft's culture should inspire leaders to be learners
Fast Company - 3 Jun 2024 11:00
To build a 'learn-it-all' culture, you need to be a learn-it-all leader. Hello and welcome to Modern CEO! I'm Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclus...
Car Deals Vanished During the Pandemic. They're Coming Back.
The New York Times - 3 Jun 2024 18:01
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
Bitcoin.com - 3 Jun 2024 13:22
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what the U.S. government is doing to curb the use of crypto in fentanyl trafficking. According to W...
Cinemas brace for fresh lineup post elections
livemint.com - 3 Jun 2024 07:33
The number of Bollywood movies released during the summer has come down due to the general elections. This reduction has impacted footfalls in theatres.
AI-generated X-rated content is officially allowed on Musk's X
Business Insider - 3 Jun 2024 19:11How to inspire your staff without burning them out
Fast Company - 3 Jun 2024 09:00
10 leaders share how they helped encourage truly innovative teams that aren't built on overtime and exhaustion. Do you ever look at your team and wonder where the spark has gone? The one that ignited new ideas, bold solu...
Here's what could slow Nvidia's momentum
Market Watch - 3 Jun 2024 22:39With AI writing so much code, should you still study computer science? This new data point provides an answer.
Business Insider - 3 Jun 2024 21:57
Despite concerns about AI replacing jobs, UC Berkeley computer science applications soar 48%, highlighting sustained interest in software careers.
OPEC+ oil cuts probably won't move gas prices -- but this wild card could
Market Watch - 3 Jun 2024 21:34The Insurance Market Is Flirting With Natural Disasters
Wall Street Journal - 3 Jun 2024 13:00
Investors are again becoming attracted to catastrophe risk as what is expected to be a very active hurricane season begins.
Toyota and Other Japanese Carmakers Say They Mishandled Safety Tests
The New York Times - 3 Jun 2024 11:43
The Japanese authorities had told the companies to conduct investigations into their compliance with national standards for safety and other issues.
Atos Assessing Two Revised Rescue Bids
Wall Street Journal - 3 Jun 2024 10:53Chinese companies are setting up shop anywhere but China — and the US
Business Insider - 3 Jun 2024 02:32
Chinese companies now favor greenfield deals over mergers and acquisitions amid geopolitical tensions.
Paramount, Skydance agree to terms on $8B merger deal: report
New York Post - 3 Jun 2024 16:12
Skydance will pay $2 billion for Paramount's parent company, National Amusements, which is controlled by majority stakeholder Shari Redstone.
Stock market today: US stocks rise ahead of big week for economic data
Business Insider - 3 Jun 2024 15:40Hedge funds should stop charging fees for 'skill-less' returns, top investors say
Market Watch - 3 Jun 2024 15:39MicroStrategy and Michael Saylor settle tax case for $40M
Coin Telegraph - 3 Jun 2024 15:21
In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.
Why Saudi Aramco Stock Is a Tough Sell on Wall Street
Wall Street Journal - 3 Jun 2024 13:03
The world's biggest oil producer is trying to tempt global investors with a $12 billion share sale, but the price looks expensive.
'He's an egomaniac': My husband said he'll flush his $1.5 million IRA 'down the toilet' rather than split it with me in our divorce. What can I do?
Market Watch - 3 Jun 2024 12:03How a peak boomer lives 'perfectly comfortably' on less than $30,000 a year after moving from Texas to tiny homes in New York and Florida
Business Insider - 3 Jun 2024 11:58
Sam Mitchell lives comfortably in a tiny home in upstate New York making less than $30,000 a year from Social Security.
Getir faces running out of cash amid impasse over rescue funding
Sky News - 3 Jun 2024 11:37
The founder of Getir, the grocery delivery app which is exiting the UK with the loss of hundreds of jobs, is at odds with investors over a rescue plan to keep the company afloat.
Nvidia CEO Jensen Huang says robots are the next wave of AI — and 2 kinds will dominate
Business Insider - 3 Jun 2024 11:01
Self-driving cars and humanoid robots are the "high-volume" robots taking center stage in the next wave of "physical AI" development, Huang said.