Culture
Six Wall Street bank chiefs hold most power since global crisis
The last time every major US bank boss also led their boards, Steve Jobs was launching the first iPhone and Bear Stearns had a market…
Kim Browne
As an editor at VanityFair Fashion, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
Stocks to watch: ST Engineering, UOI, Suntec Reit, OUE Reit, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Friday (Oct 24): Source link
Culture
Anthropic to use Google’s AI chips worth tens of billions to train Claude chatbot
ANTHROPIC is expanding its deal with Google to use as many as one million of the tech giant’s artificial intelligence chips, worth tens of…
Culture
US weighs quantum computing boost in effort to counter China
The effort shows how far the administration is willing to take its mandate to combat the rise of geopolitical rivals such as the Asian…
Culture
Keppel DC Reit’s 9-month distributable income rises 55.5%
Keppel DC Reit reported distributable income of S$195.3 million for the nine months ended Sep 30, up 55.5 per cent from S$125.6 million a…
Culture
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Culture
Blackstone profits soar but lower rates bring scrutiny to credit
The US$1.2 trillion firm is a giant non-bank lender in its own right, with credit dominating flows in the third quarter Blackstone sent…
Culture
Apple begins shipping AI servers from Houston factory
Apple has started shipping artificial intelligence servers built in a factory in Houston, it said on Thursday, part of the company’s plans…
Culture
Apple loses landmark UK lawsuit over app store commissions
Apple abused its dominant position by charging app developers unfair commissions, a London tribunal ruled on Thursday, in a blow which…
Culture
Binance founder Zhao wins Trump pardon in latest clemency
The pardon has been widely anticipated by friends, associates and the cryptocurrency industry at large Binance co-founder Zhao Changpeng…
Culture
Target to eliminate 1,800 roles, 8% of headquarters team
Target is eliminating about 8 per cent of corporate roles in its first major restructuring in years, according to a memo viewed by…
Culture
Putin defiant after Trump sanctions Russian oil majors over Ukraine
Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with…
Culture
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a…
Culture
US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three…
Culture
Oil surges 5% after US sanctions Russian firms Rosneft, Lukoil
Oil prices surged around 5 per cent to a two-week high on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and…
Culture
Europe: Stoxx 600 closes at record high on energy boost, earnings in focus
THE Stoxx 600 index closed at a record high on Thursday, led by gains in energy stocks after the US imposed new sanctions on Russia, while…
Culture
US bank reserves fall second week, extend drop below US$3 trillion
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July…
Culture
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin…
News
Trump Brags Congress Won’t Stop Him When Military Strikes Move to Land
President Donald Trump floated the idea of expanding his extrajudicial strikes on alleged drug-trafficking vessels to dry land—or as one…
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Trump Sued After Destroying White House for His Tacky Ballroom
As the demo bore on, it became clear that what had been originally pitched as a minor expansion to one of the most prominent symbols of…
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Prosecutors Find Evidence Ruining Their Own Case Against Letitia James
A Justice Department investigation into New York Attorney General Letitia James yielded information that may potentially spoil the Trump…
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ICE’s “Sh*t Show” Recruitment Push Leaves Stephen Miller Fuming
It looks like Stephen Miller’s quest to hire 10,000 so-called “Homeland Defenders” by January isn’t going so well. During a multi-agency…
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Karoline Leavitt Says Trump Can Destroy Entire White House if He Wants
Donald Trump has free license to reshape the White House as he sees fits, according to his staff. With no warning, the president razed the…
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Trump Credits His Tech Buddies for Decision to Back Off San Francisco
Donald Trump has been convinced not to deploy federal troops to the city of San Francisco, as he has in other cities across the country.…