Business

In a recent discussion with Bloomberg, Jamie Dimon, the CEO of JPMorgan, shed light on the transformative potential of artificial intelligence (AI) in the banking and financial sector. Key Summary: Jamie Dimon, CEO of JPMorgan, envisions a future where AI is integral to the financial sector. The bank is already...

Introduction In response to the ongoing global chip shortage, OpenAI, the renowned organization behind ChatGPT, is considering the production of processing chips in-house. Key Summary: OpenAI is exploring in-house chip manufacturing due to the global chip shortage. The company is considering acquiring an undisclosed company to enhance its chip-making capabilities. Tech...

LONDON - As the world grapples with the rapid advancements in artificial intelligence, the UK is taking a proactive stance. Downing Street officials are in the midst of finalizing a pivotal statement that aims to unite global leaders on the potential risks and rewards of AI, specifically in preparation...

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iPhone 12 by Apple and everything we know so far. It wasn't too long ago in 2018 Techies were raging about innovations for your cell phone coming in 2019. Their list was short but reasonable, given the speed at which the market was moving. At that time, the market was...

Shares of Amarin dropped 70.2% as of 11:40 A.M. Eastern. The drastic decline came after the U.S. District Court for the District of Nevada ruled in favor of generic-drug companies and invalidated Amarin's patent is for Vascepa, which was approved by the FDA to treat triglyceride levels and reduce...

Consumer Confidence report to get released on Tuesday with analysts predicting it will decrease. As the Coronavirus COVID-19 pandemic spreads across the world, investors will discover how it is impacting consumer confidence on Tuesday. According to Yahoo Finance, the Conference Board is set to release its consumer confidence report for March,...

What does furlough mean? What are the differences between getting laid-off? While economists predict the Coronavirus will have long-term damage to the U.S. economy, COVID-19 is having an immediate impact on millions of Americans and thousands are getting furloughed. What does furlough mean? According to Merriam-Webster, furlough means  “to cease to...

On Friday, SeaWorld Entertainment announced the company would furlough more than 90% of its employees by April 1. The mass-furlough and park closures come as the Coronavirus COVID-19 pandemic continues to spread, and businesses continue to furlough and layoff employees due to the virus's impact on business. Busch Gardens announced...

Deepak Chopra's online meditation Livestream crashed after 1 million visitors visit the website. While millions of people are getting laid off or furloughed and millions more are getting used to social-distancing, Deepak Chopra hosted an online meditation on Sunday. The Vimeo link crashed, and Chopra had to move his meditation to Facebook...

While millions of people are getting laid off or furloughed and millions more are getting used to social-distancing, Taco Bell is giving back to the world. Taco Bell announced the company will be giving away free Doritos Locos Tacos at all locations on Tuesday, March 31st. Drive-through guests will receive...

Crocs are offering a free pair of their shoes to any U.S. healthcare worker. As part of their "A Free Pair for Healthcare" program, Crocs is supplying all healthcare workers with a free pair of famous crocs or crocs at work. All healthcare workers have to do is ask for...

Scientists studying Martian meteorites believe water came from different sources on Mars. The more scientists analyze Mars, the more information we gather about the planet’s rich and watery history. Currently, it is understood Mars was probably warm enough to keep liquid water on its surface. Dorothy Oehler at the Planetary...

Macy's furloughs a majority of their workforce with 130,000 workers. Macy's announced it's furloughing most of its workforce, including nearly 130,000 employees. Workers will continue to receive health benefits until the end of May 2020. "Across Macy's, Bloomingdales, and Bluemercury brands, we will be moving to the absolute minimum workforce...

The Coronavirus pandemic is causing millions of people to quarantine and self isolate in their homes. You would assume since more people are spending time inside, they would be listening to more music. However, streaming music has decreased in the United States. According to analytics provider Alpha Data, NME says...

The United States is still doing business with China. For your information, China makes many products found on Amazon. According to the latest business information data released by Amazon, the data shows that an average of 40 percent or more of the sellers is China businesses; this data was...

The Coronavirus is impacting Airbnb. According to CNBC, the room rental platform is looking for offers from large investment firms. As Airbnb was getting ready to go public in 2020 through an IPO or direct listing, the coronavirus crisis has the company putting that decision on hold. During this coronavirus...