JP Morgan Dives into AI With New Partnership
The Big Picture: A strategic alliance between J.P. Morgan and TIFIN, two major players in the fintech sector, introduces…
Month: August 2023
Kim Jong Un tells North Korea arms factories to boost capacity -KCNA
By Jack Kim SEOUL (Reuters) – North Korean leader Kim Jong Un has instructed factories making missile engines, artillery and…
EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition
By Abhirup Roy SAN FRANCISCO (Reuters) – Electric vehicle maker Lucid cut prices of its Air luxury sedans by as…
Berkshire posts record operating profit as rising rates boost Buffett’s returns
By Jonathan Stempel (Reuters) – Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock…
Ukraine hits Russian tanker with sea drone near Crimea Bridge
By Olena Harmash KYIV (Reuters) -A Ukrainian sea drone full of explosives struck a Russian fuel tanker overnight near a…
URGENT: China Signals Military Readiness for Taiwan Assault
Situation Overview China has taken an alarming step, publicly showcasing its military preparedness for an assault on Taiwan…
Jeff Bezos’ $11 Billion Day
As Amazon’s second-quarter earnings report rang out the final bell on Thursday, its echoes resounded not only through…
Wall Street ends lower after US jobs report; Apple weighs
By Echo Wang (Reuters) – Wall Street closed lower on Friday after a report of slowing U.S. labor market growth,…
Many small US banks not ready to borrow from Fed in an emergency
(This Aug. 2 story has been corrected to say National Credit Union Administration, not association, in paragraph 27) By Ann…
EV maker Fisker cuts output forecast on supply chain woes; shares slide
By Akash Sriram and Abhirup Roy (Reuters) -Fisker Inc shares fell nearly 9% on Friday after supply chain issues forced…