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The big AI and robotics concept that has attracted both Walmart and Softbank
Symbotic technology in use at a Walmart facility.Courtesy: WalmartVenture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic, which Walmart More
Fintech Startup Synapse Lays Off 40% Of Workforce After Losing Mercury As A Client
Person holds a smartphone with mobile banking icons projectiongetty Banking-as-a-service platform Synapse laid off 40% of its workforce, or 86 employees, on Monday, October 2. Synapse’s platform helps other startups offer deposit, payment and credit products by acting as a middleman between its clients and their banking partners. The layoffs followed a note from CEO More
Old And Facing Federal Prison
With harsh white-collar crime laws, even the old face hard time in prisongetty The Federal Bureau of Prisons (BOP) incarcerates nearly 160,000 inmates in its 122 institutions. Of those, less than 3% (4,544) are over the age of 65, many of them have been in prison for many years. However, older inmates, particularly incoming white-collar More
Our 10.1% Dividend Strategy For Weathering This Fall Pullback
Side view of chubby man looking broken while lying on top of laptop.getty I get it: we’re all frustrated with this sluggish stock rebound. It’s been almost two years since stocks last hit all-time highs, and the S&P 500 is still sitting some 11% below the peak! So let’s take a look at what’s behind More
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Credit Suisse sheds nearly 13% of workforce this year
UBSG +1.02% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add More
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China Evergrande’s troubles mount as chairman is suspected of ‘illegal crimes’
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021.Jakub Porzycki | Nurphoto | Getty ImagesA day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes.Hui Ka Yan More
19 Strategies For Leaders To Maximize Returns In An Uncertain Economy
getty Every day, leaders face the daunting challenge of making sound investment decisions amidst uncertainty. The global economy is subject to a myriad of factors—from geopolitical tensions to unforeseen pandemics—that can drastically impact financial markets. In such volatile times, the ability to maximize returns on investments while minimizing risks is a crucial skill for leaders More
Microsoft Stock Dividend Analysis: What Investors Should Know
Copyright 2023 The Associated Press. All rights reserved Regardless of any investor’s opinion on the stock of Microsoft MSFT , one thing is clear: it doesn’t suffer from lack of name recognition. The stock also pays a dividend, and has since February 2003. However, a consistent dividend payment may not be enough for investors who More
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Australia stocks lower at close of trade; S&P/ASX 200 down 0.46%
Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Energy, Resources and IT sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.46%. The best performers of the session on the S&P/ASX 200 were Omni Bridgeway Ltd (ASX:OBL), which rose 3.41% or 0.07 points to More
Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme
Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme. A former Deutsche Bank investment banker, who was charged earlier this year in relation to a fraudulent cryptocurrency trading scheme, has pleaded guilty to investment fraud — and could face up to 30 years in prison.According to More