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DBS Group’s board tells its chief exec: ‘Even the CEO’s job can be replaced by AI’
Good morning. “Even the CEO’s job can be replaced by AI.”That was the WhatsApp message DBS Group’s board sent Tan Su Shan on the day they named her chief executive of Southeast Asia’s largest and most profitable bank. Tan...
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Russia starts direct flights to North Korea with initial service just once a month and tickets priced at $570
AFP -
Russia on Sunday began direct commercial flights to North Korea, in a further sign of closer ties with its Asian ally helping its offensive in Ukraine.The first Moscow-Pyongyang flight, operated by Russia’s Nordwind Airlines, took off at 1625 GMT,...
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Dow futures rise on US-EU trade pact as investors brace for fast and furious week of earnings, China talks, Fed, GDP, jobs report, tariff...
Jason Ma -
Wall Street looks to begin a jam-packed week on a high note as investors cheer the U.S.-EU trade deal that was announced on Sunday.The agreement with America’s biggest trading partner removes a key source of market uncertainty and the...
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Boeing expects more than 3,200 fighter-jet workers to strike after they reject contract offer despite union leaders calling for yes vote
Boeing Co. expects more than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets to strike after they rejected a proposed contract Sunday that included a 20% wage increase over four years.The International Machinists and...
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Trump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says
Jason Ma -
Now that trade deals have been clinched with the European Union and Japan, the U.S. looks to focus on China as the world’s two biggest economies prepare for high-stakes talks.Negotiations between Treasury Secretary Scott Bessent and Chinese Vice Premier...
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US and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments
Jason Ma -
The U.S. and European Union agreed on trade terms that include a 15% rate on most EU products as well as hundreds of billions of dollars of investments in American industry.President Donald Trump and European Commission President Ursula von...
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Tesla engineering VP Moravy says company in ‘big swing moment’
Tesla Inc. engineering executive Lars Moravy said the company is in a “big swing moment” with its forthcoming products as he gave a wide ranging talk at a San Francisco Bay area gathering of customers and retail investors Saturday. Moravy,...
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AI is driving mass layoffs in tech, but it’s boosting salaries by $18,000 a year everywhere else, study says
You’ve read about it all over, including in Fortune Intelligence. Maybe you or friends have been impacted: artificial intelligence is already transforming work, not least hiring and firing. Nowhere is the impact more visible than in the labor market.The...
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‘Shark Tank’ icon Kevin O’Leary reveals the 3 things he looks for when investing his millions into a founder
Multimillionaire entrepreneur Kevin O’Leary knows a thing or two about picking the right people and ideas to invest in. Having worked with greats like Steve Jobs, not to mention his success on Shark Tank backing businesses generating millions, he’s...
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US health, tech officials to launch data-sharing plan
Top Trump administration health officials are expected to bring tech companies to the White House this week to roll out a plan to encourage more seamless sharing of health-care data, according to people familiar with the matter.Health and Human...
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7/31: CBS Evening News
Emergency manager says he was sick, asleep as deadly flash floods hit Texas; Potatoes came from tomatoes, scientists say
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