Barrett Financial News
14.09 / 11:37
UPS
Man
Action
Strategy
Barrett
show
private credit
Fund giants want a piece of the $1.5T private credit action
Investcorp SA’s Jeremy Ghose is a popular man. Ever since the $50 billion firm snapped up alternative-credit manager Marble Point late last year, he’s been juggling calls from bankers and firms pitching similar deals.
08.09 / 22:21
Ball
Pool
Barrett
stage
star
France beats New Zealand 29-13 in Rugby World Cup opener
Paris | France overcame conceding sloppy tries at the start of each half to beat New Zealand 29-13 in an intense opening match of the Rugby World Cup on Friday, ending the All Blacks’ run of 31 straight wins in the pool stage.
07.09 / 08:41
COST
CEO
Strategy
Barrett
show
Bubs boardroom battle responsible for cost surge, company says
A massive blowout in costs at Bubs Australia was due to $17 million in marketing and travel expenses, as well as $2 million spent on legal fees and another $3.6 million outlay on consulting charges, the infant formula company’s annual report shows.
31.08 / 01:45
COST
Provident
MET
Barrett
track
dividend
Harvey Norman full-year profit slides, dividend slashed
Australia’s largest white goods and home retailer Harvey Norman has posted a double-digit slide in profits and dividends over fiscal 2023, meeting its lower June guidance, and says its on track to deliver it Malaysian expansion plan.
17.08 / 19:09
COST
UPS
Provident
Extreme
Barrett
Power
Origin’s big power profit leaves price-capped coal supplier fuming
Soaring profits reported by electricity generators like Origin Energy are “extremely disappointing” according to one of the miners forced by government to sell cheap coal to NSW power stations.
17.08 / 18:57
Barrett
cover
Inside
AP, other news organisations develop standards for use of AI in newsrooms
Associated Press has issued guidelines on artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service while encouraging staff members to become familiar with the technology. AP is one of a handful of news organisations that have begun to set rules on how to integrate fast-developing tech tools like ChatGPT into their work.
17.08 / 09:53
UPS
Barrett
cover
Inside
AP, other news organizations develop standards for use of artificial intelligence in newsrooms
The Associated Press has issued guidelines for its journalists on use of artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service
16.08 / 21:43
UPS
Barrett
cover
Inside
AP, other news organizations develop standards for use of artificial intelligence in newsrooms
The Associated Press has issued guidelines for its journalists on use of artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service
15.08 / 18:53
COST
Target
Barrett
country
Latin
fall
Latin Americans fall prey to more online scams as cybersecurity lags
cryptocurrency investments. To recover her account, the 27-year-old lawyer from Rio de Janeiro had to pay 200 reais ($40) to a «consultant» she found on YouTube, a man she says could have been a scammer himself. «It took me two days to recover my account, and I was under a lot of stress,» she said.
15.08 / 00:07
14.08 / 06:05
COST
Provident
Lowe's
Barrett
cover
Bowen won’t fund BHP’s early coal closure
Energy Minister Chris Bowen has rejected BHP’s request for taxpayers to help fund the early closure of one of Australia’s biggest thermal coal mines, signalling he wants a $1.9 billion fund to reduce pollution rather than the nation’s productive output.
09.08 / 16:53
08.08 / 18:19
Provident
Merit
Action
Airlines
Barrett
performer
American Airlines
NOT
Lawsuit over ESG in 401(k) not cleared for takeoff, American Airlines says
The first lawsuit over the use of ESG in a 401(k) has a few gaping holes — most notably that the lead plaintiff in the proposed class action wasn’t invested in any of the funds in question, defendant American Airlines said.
31.07 / 14:31
SUN
Barrett
band
performer
song
pop
Hannah Spearritt claims she was left out of S Club's reunion tour, makes shocking allegations
Hannah Spearritt, a former member of the chart-topping pop group S Club, has expressed her disappointment at being excluded from the band's reunion tour. She alleges that her bandmates have been given strict instructions not to communicate with her directly. The Sun tabloid quoted an inside source confirming the situation, revealing that Hannah was seemingly pushed out of the group without any clear explanation, according to reports.
29.07 / 21:19
28.07 / 17:25
27.07 / 05:03
COST
UPS
Barrett
show
Jarden turns a profit after logging $71m in revenue
Jarden logged $71 million in firm-wide revenue for its first quarter ended June 30, a sharp turnaround from March when expenses weighed on the New Zealand-headquartered firm.
26.07 / 08:31
Manufacturing
Strategy
Barrett
show
Early votes at Bubs indicate spill at infant formula maker to fail
The long-running dispute between the current and former management of Bubs Australia is coming to an end with early voting indicating a proposal from dissident investors to spill the board of the infant formula manufacturer does not have the support of most shareholders.
24.07 / 19:41
24.07 / 04:33
22.07 / 11:25
UPS
Amazon
Microsoft
Google
Racing
Barrett
AI companies
Pressured by Biden, AI companies agree to guardrails on new tools
White House announced Friday, pledging to manage the risks of the new tools even as they compete over the potential of artificial intelligence. The seven companies — Amazon, Anthropic, Google, Inflection, Meta, Microsoft and OpenAI — formally announced their commitment to new standards in the areas of safety, security and trust at a meeting with President Joe Biden at the White House on Friday afternoon. «We must be cleareyed and vigilant about the threats emerging from emerging technologies that can pose — don't have to but can pose — to our democracy and our values,» Biden said in brief remarks from the Roosevelt Room at the White House.
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