JPMorgan developing ChatGPT-like A.I. investment advisor
Jamie Dimon, chief executive officer of JPMorgan Chase, is planning his first visit to mainland China in four years as the American bank prepares to host three conferences in Shanghai…
Palantir dumps $50 million gold investment two years after buying bars
Alex Karp, CEO of Palantir, on day two of the World Economic Forum in Davos, Switzerland. Stefan Wermuth | Bloomberg | Getty Images In August 2021, data analytics software vendor…
Former Facebook CTO Mike Schroepfer launches climate investment firm
Victoria Beasley, left, Mike Schroepfer and Evaline Tsai, founders of Gigascale. Photo courtesy Gigascale Capital Former Facebook chief technical officer Mike Schroepfer is launching a climate venture capital investment firm,…
DCG-owed crypto exchange Luno replaces CEO, seeks outside investment
LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday. It comes as Luno’s parent company,…
Saudi National Bank loses over $1 billion on Credit Suisse investment
Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG agreed to buy Credit Suisse…
Biden’s first veto preserves 401(k) investment rule about ESG funds
Photographer: Samuel Corum/Bloomberg via Getty Images Biden veto preserves Labor Department’s ESG rule Biden’s veto on Monday preserves his administration’s stance. It doesn’t appear there are enough congressional votes to…
Global brands look to boost media investment
IOC executive board member Angela Ruggiero attends the Medal Ceremony on day six of the PyeongChang 2018 Winter Olympic Games at Medal Plaza on February 15, 2018 in Pyeongchang-gun, South…
Altria to buy e-cigarette startup NJOY for $2.8 billion, exit Juul investment
Altria Group said on Monday it would buy e-cigarette startup NJOY Holdings for about $2.75 billion in cash, in fresh bets by the Marlboro maker on the fast-growing market after…
Musk suggested he’d make multiples on $100 million Twitter investment
Billionaire Ron Baron said Tuesday that Tesla CEO Elon Musk suggested he would make multiples in return for his $100 million investment in Musk’s take-private deal for Twitter. “He told…
Fake seafood industry getting big investment dollars
While the plant-based burger wars have been waging for several years now, plant-based fish is just in its infancy. But that is about to change, as new contestants enter the…