FINANCE

Anthropic chief of staff Avital Balwit says AI means she may only have 3 years left in work

[ad_1] It’s not just entry-level workers who have never experienced a tech boom that are fearing their looming replacement thanks to AI—now even c-suite executives

FINANCE

Microsoft is laying off workers at its Mixed Reality business as the technology that inspired Mark Zuckerberg to rename his company struggles

[ad_1] Microsoft is scaling back the mixed reality group that manufactures its five-year old headset, the HoloLens 2, in the latest sign that the technology

FINANCE

Laurence Tubiana: The wealthy need to pay up for the climate crisis

[ad_1] The super-rich are some of the biggest polluters in the world, thanks to their continued investments in high-emissions industries and penchant for private jets.

FINANCE

De Beers ditches lab-grown diamonds and shifts focus to natural stones — as it looks beyond mining giant Anglo

[ad_1] De Beers will ditch a controversial experiment to sell lab grown diamond jewelry, ending a six-year program that broke one of its oldest taboos. 

FINANCE

Hedge funds paying for ‘literally insane’ short on U.K. stocks

[ad_1] There’s no two ways about it. For American investors, the U.K. stock market hasn’t exactly been the place to be, with underperforming indices and

FINANCE

PacifiCorp agrees to pay $178m to 403 Oregon wildfire victims in the latest settlement over deadly 2020 blazes

[ad_1] Pacific Power, part of PacifiCorp, said Monday it has agreed to a $178 million settlement with over 400 Oregon plaintiffs in the latest multimillion-dollar

FINANCE

Germany just offloaded $2.7 billion in Deutsche Telekom shares so it can bolster its railways

[ad_1] Germany sold a €2.5 billion ($2.7 billion) stake in Deutsche Telekom AG, the latest in a series of moves by the cash-strapped government to

FINANCE

Top officials for Indonesia’s new $32.5B capital city Nusantara resign

[ad_1] Progress towards Indonesia’s new capital, a legacy-setting project for outgoing president Joko Widodo, is looking shaky after its top officials unexpectedly resigned on Monday. 

FINANCE

What will Shein’s IPO mean for the retailer and for London?

[ad_1] Shein is kind of a big deal. In 12 years, the Chinese fast-fashion behemoth has exploded in size and now reaches over 150 countries.

FINANCE

Outer Banks homes are collapsing due to climate change, but U.S. coastal property values are booming anyway

[ad_1] Suffering from rising sea levels, some North Carolina homes are literally underwater. Still, the overall waterfront property market is anything but, with price gains