CEO Financial News
01.08 / 23:04
FIVE
Man
CEO
Action
shootings
Prison
Financial
An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison
The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements
01.08 / 23:04
01.08 / 23:04
UPS
Google
CEO
composer
Chatbots sometimes make things up. Is AI’s hallucination problem fixable?
Spend enough time with ChatGPT and other artificial intelligence chatbots and it doesn’t take long for them to spout falsehoods
01.08 / 23:03
FIVE
Digital
Maxim
CEO
Celebrity
country
cover
National
Maine's biggest newspaper group is now a nonprofit under the National Trust for Local News
The largest newspaper group in Maine is becoming a nonprofit with the completion of the sale of more than 20 daily and weekly newspapers, including the Portland Press Herald
01.08 / 23:03
01.08 / 23:03
COST
UPS
CEO
Pfizer
COVID-19 Vaccine
Pfizer 2Q numbers tumble and COVID-19 vaccine, treatment sales dry up
Crumbling COVID-19 vaccine and treatment sales chopped Pfizer’s second-quarter earnings, but both the drugmaker and Wall Street expect a rebound in the back half of 2023
01.08 / 20:07
CEO
Platform
show
rebrand
private wealth
Another summer rebrand: CI Private Wealth is now Corient
The summer of wealth management name changes rolls on as CI Private Wealth, one of the fastest-growing registered investment advisors ever to compete in the financial advice industry, Tuesday morning said it was rebranding as Corient, a combination, according to the company, of the phrase “client oriented.”
01.08 / 19:47
CEO
Entertainment
CBS
audience
2024
Super Bowl LVIII 2024: Nickelodeon plans kid-friendly telecast. See details
Nickelodeon is set to join the Super Bowl LVIII broadcast with a unique telecast for kids, featuring special graphics, guest reporters and its iconic green slime. The initiative, in partnership with CBS Sports and the NFL, aims to entertain young audiences and families during the grand sports event. Scheduled to take place in 2024 from Las Vegas, Paramount Global's CBS will be the primary broadcaster for the much-awaited Super Bowl LVIII.
01.08 / 19:33
FIVE
VISA
CEO
Landmark
social
exclusive
Ethnic workers (including those on visas) describe their EY experience
EY Oceania personnel from non-Western ethnic backgrounds, along with those of Hindu, Islamic or Buddhist faith, are most likely to say they have experienced racism and discrimination at the big four consulting firm.
01.08 / 18:09
UPS
Citizens
CEO
Hennessy
SVB
performer
Best Long-Term Stocks of 2023
For some investors, the time frame for holding stocks might be days, or weeks, or months. But smart investors generally look toward the long term, and for them it’s often decades. Berkshire Hathaway legend Warren Buffett once told his shareholders his favorite holding period was “forever." While that may not work out in every case—especially for the rest of us investors who are not as talented as Buffett—we certainly appreciate the sentiment.
01.08 / 17:55
Digital
Ripple
XRP
ETF
CEO
BlackRock
Bitcoin
Support
Galaxy Digital CEO Mike Novogratz: Larry Fink's Bitcoin Support Is Game-Changing
BlackRock CEO Larry Fink’s recent endorsement of Bitcoin is the number one reason to be bullish on the asset right now, according to Galaxy Digital CEO Mike Novogratz.
01.08 / 16:37
Blockchain
Provident
Target
Digital
Progressive
CEO
Assurant
Dubai’s VARA Approves Operational License to Nomura’s Crypto Subsidiary
Dubai's Virtual Asset Regulatory Authority (VARA) has granted an operating license to Laser Digital, the crypto division of the Japanese financial services giant Nomura.
01.08 / 16:19
FIVE
CEO
Commentary
ICC recce: DDCA set to add two new pitches, 4 radio commentary boxes as part of World Cup upgrade
DDCA) will add two more practice pitches to the main square of the Feroz Shah Kotla besides replacing 15,000 old bucket seats for the ODI World Cup, joint secretary Rajan Manchanda said on Tuesday. A two-member recce team comprising former BCCI general manager and current Delhi Capitals CEO Dhiraj Malhotra inspected the the facilities at the Arun Jaitley Stadium where five World Cup games will be played. «They would be giving us a final report in a week's time and intimate us about everything they want to be done before the start of the World Cup.
01.08 / 15:35
UPS
Manufacturing
CEO
IBC
IBC plans Li-ion battery facility at $1 billion investment near Bengaluru
IBC) has proposed a recyclable Lithium-ion battery manufacturing unit in Karnataka with an investment of Rs 8000 crore ($ 1 billion). Venkatesh Valluri, IBC India President and S Selvakumar, Principal Secretary at the Industries department signed an MoU in the presence of Industries Minister MB Patil.
01.08 / 15:11
COST
UPS
CEO
show
Premium
Diageo
Diageo serves up profit rise with more premium spirits in the mix
brands offset lower volumes. The world's largest spirits maker tapped into higher demand from amateur cocktail makers during the COVID-19 pandemic that has driven at-home sales since. Households began trading up along the way, investing in brands such as Bulleit Bourbon and Don Julio tequila.
01.08 / 14:51
CEO
Remark
Metro
Nissan
performer
dividend
Rakesh Jhunjhunwala-owned stock Metro Brands records impressive 12% YOY growth, final dividend record date announced
Metro Brands Limited, one of India's top footwear specialty retailers, released today the Standalone and Consolidated Financial Results for the quarter ended June 30, 2023. For the quarter ended June 30, 2023, the revenue from operations was Rs. 582.52 crores, and other income was Rs.
01.08 / 14:47
01.08 / 13:42
UPS
Google
CEO
composer
Deal
Get ready to deal with AI's hallucination problem as chatbots become part of your daily lives
ChatGPT and other artificial intelligence (AI) chatbots and it doesn't take long for them to spout falsehoods. Described as hallucination, confabulation or just plain making things up, it's now a problem for every business, organisation and high school student trying to get a generative AI system to compose documents and get work done. Some are using it on tasks with the potential for high-stakes consequences, from psychotherapy to researching and writing legal briefs.
01.08 / 13:41
COST
UPS
Target
Booking
CEO
Q3
Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profit
operating profit above Wall Street expectations as it sees growing demand for ride hailing due to strong leisure travel trends and gradual return to in-office work. The San Francisco-based company's shares rose about 4% in premarket trading, while rival Lyft's shares increased 2%, as Uber also reported a surprise second-quarter profit. Uber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain its target to post operating income profitability this year.
01.08 / 13:39
CEO
stage
Arvind SmartSpaces inks pact for two township projects on 704 acres in Ahmedabad
Realty developer Arvind SmartSpaces has entered into two joint development agreements for multi-asset township projects spread over a total 704 acres in south Ahmedabad. Both the large horizontal, multi-use golf-themed horizontal projects involving plots and villa development are estimated to have revenue potential of Rs 2,300 crore. Of these, the first project is spread over around 500 acres with estimated development of 20 million sq ft and revenue potential of Rs 1,450 crore.
01.08 / 13:38
CEO
Remark
Institutional investments in real estate sector dips 40.7% Y-o-Y during Q2 2023
Indian real estate sector witnessed a dip of 40.7% Y-o-Y during Q2 2023, according to Vestian, a commercial real estate consultant. The report states that the Indian real estate sector has demonstrated remarkable resilience in the face of market uncertainty, witnessing a surge in institutional investments during the second quarter of 2023.
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