Los Angeles Daily

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead thumbnail
Los Angeles Daily

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

345 Park Avenue hosts Blackstone, the world’s largest alternative asset manager, the NFL, KPMG, and Bristol Myers Squibb, among others. A mass shooting...

Big banks can ‘afford to be a little behind the curve’ on AI, and let smaller startups make riskier bets thumbnail
Los Angeles Daily

Big banks can ‘afford to be a little behind the curve’ on AI, and let smaller startups make riskier bets

“I don’t think we should be at the cutting edge of innovation around AI as a big bank,” said Craig Corte, an executive...

As if the trade war never happened, stocks could pull off a feat not seen since the late&1990s boom thumbnail
Los Angeles Daily

As if the trade war never happened, stocks could pull off a feat not seen since the late&1990s boom

“This year reminds us of the classic Charles Dickens quote, ‘It was the best of times, it was the worst of times.'” Some...

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated thumbnail
Los Angeles Daily

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Hayes’ conviction was overturned last week after the U.K. Supreme Court ruled he had not received a fair trial. Former UBS and Citigroup...

Many students in China are choosing to learn AI mostly out of ‘guilt or shame,’ not because they enjoy it, study finds thumbnail
Los Angeles Daily

Many students in China are choosing to learn AI mostly out of ‘guilt or shame,’ not because they enjoy it, study finds

Students in China may fear “losing face” around peers, with the rejection of AI learning seen potentially as a sign they are inferior...

How Ikea rewrote the rules with inflation&defying prices and one of the world’s most popular books thumbnail
Los Angeles Daily

How Ikea rewrote the rules with inflation&defying prices and one of the world’s most popular books

Whether with €1 bulbs or 85 pence hot dogs, Ikea’s knack for going against the grain has kept it in business for 82...

From bootstrapped to billions: How Nord spent ‘hundreds of millions’ minting VPN customers to become Lithuania’s tech darling thumbnail
Los Angeles Daily

From bootstrapped to billions: How Nord spent ‘hundreds of millions’ minting VPN customers to become Lithuania’s tech darling

Nord has seen remarkable growth offering a niche, sometimes controversial service—VPN. It has big ambitions for a future, which may or may not...

Clean business: Why 97% of executives are betting big on renewables thumbnail
Los Angeles Daily

Clean business: Why 97% of executives are betting big on renewables

A survey of business leaders across 15 countries shows 97% support for a transition to renewable sources of electricity, with 78% of executives...

Missouri upholds voter approval of $15 minimum wage and paid sick leave, turning back business challenge thumbnail
Los Angeles Daily

Missouri upholds voter approval of $15 minimum wage and paid sick leave, turning back business challenge

The court rejected claims from business groups that the initiative’s ballot summary and cost estimate were misleading. The Missouri Supreme Court on Tuesday upheld a...

CEOs plot new tactics in the war against WFH thumbnail
Los Angeles Daily

CEOs plot new tactics in the war against WFH

Also: Bond investors were unimpressed by a White House meeting with Trump advisor Stephen Miran, CEOs are giving up on guidance. In today’s...