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The former Googler became CEO of Yahoo in an unsuccessful effort to turn around the fading internet pioneer, but she did triple its stock price. more
“I was just going to pray that we made it to the other side of the turbulence," said a 67-year-old passenger who shared video with a Boston news channel. more
CEO Doug McMillon said the company’s customers are “resilient but looking for value.” more
For loans originated in 2022, a fifth of Black and Hispanic buyers paid interest rates of 6% or more, higher than that of Asian and White borrowers. more
Israel’s economy shrank as thousands diverted from the workforce to military reserves, and foreign workers left the country. more
Looking to replicate the EU's effort to curb AI misuse amid rapid adoption, Peru is drafting a framework geared toward stifling misinformation, safeguarding users' privacy, and promoting … more
Here are 3 questions to have up your sleeve. more
In today's fast-paced financial landscape, data reigns supreme. Financial institutions are inundated with vast amounts of data ranging from customer transactions and market trends to regulatory … more
Xpeng CEO He Xiaopeng told staff he aims to hire thousands more engineers and launch 30 models over the next three years to survive market shakeout.  more
EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it likely won't be until June 2024 before a full EU Parliament vote is heard. [...] Read … more
Alephium is a Layer 1 blockchain, live since November 2021, which avoids common industry compromises, offering simultaneously scalability & expressivity, strong security & robust decentralization.  … more
The deal marries two of the largest credit card companies that aren't banks first, like JPMorgan Chase and Citigroup. more
To support existing blockchain-based initiatives targeting India's healthcare sector, the BFI teams up with the IISc for a new project to aid studies focused on creating tangible healthcare … more
As AI applications soar in popularity, Serbia is looking to make a name of its own with help from the United Arab Emirates, striking a collaboration that will further explore localizing LLMs for … more
"We need people who are aligned with what we’re building," says Rafael Stark, founder of Sao Paulo-based Stark Bank. more
Fort Lauderdale had over 50 direct flights a month to London and Paris five years ago. Now the city has none, the Cirium data show. more
It's the era of Big Shale and Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in.  more
He lost control of Pao de Acucar in 2012 after a high-profile showdown with France's Casino Guichard-Perrachon, then built a stake in rival Carrefour. more
While critics think that the European Union is over-regulating again with its AI Act, others see this as an advantage but admit that the rules may need to be updated in line with future AI … more
Meta is embroiled in a lawsuit set to be heard in 2026 brought by a legal academic in connection with the firm's alleged "unfair bargain with its users" related to data handling. [...] Read … more
The Warren Buffett-backed carmaker leads a new phalanx of Chinese EV upstarts Elon Musk has warned can 'demolish' their western competitors. more
Indeed has found that everyone, from baby boomers to hiring managers, is guilty of not showing up for interviews—but Gen Z are by far the worst offenders. more
Every decade, business historians rank America's greatest entrepreneurs. And unlike presidents, they don't have a holiday that celebrates them. more
Circle's CEO said some digital asset firms claim to abide by the govt's AML/CFT standards but do otherwise while warning about "offshore" entities posing a "challenge to U.S. dollar dominance." … more
The European Central Bank has urged big banks to handle the region's business with local staffers instead of relying on London-based decision makers. more
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