Coca-Cola and the IRS are heading to court with $20 billion on the line amid a years-long dispute over the beverage company’s reporting of profits made in the U.S. and overseas. The soda giant is taking its case to a federal appeals court in Miami as it looks to resolve…
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MUFG’s Michael Wan notes that Asian currencies should benefit from stronger regional growth differentials versus the US, particularly in AI-related export economies such as South Korea, Taiwan, Malaysia and Singapore. He highlights that Asia FX is being pulled between a stronger Dollar, sticky US yields and evolving Fed policy under Chair Kevin Warsh, alongside shifting oil-driven risk sentiment.Asia FX tug of war intensifies”Overall, while oil prices rose on these developments and this weighed on sentiment…
Prudential’s recent campaign for its asset management arm, PGIM, broke conventional advertising norms, according to…
ING’s Francesco Pesole expects Fedspeak and developments around the Strait of Hormuz to be the…
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The team was stuck.Someone called over a recent hire from another team — one of SharkNinja’s emerging AI power users.Within about 90 minutes, he had built an AI tool that automated a cumbersome process for tracking projects and holding teams accountable.Word of the worker’s feat spread beyond the group gathered…
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A fresh wave of Silicon Valley wealth could soon flow into South Florida. With OpenAI quietly filing for a confidential IPO alongside market debuts from aerospace giant SpaceX and AI rival Anthropic, billions of dollars in overnight liquidity are about to be unlocked for executives and middle management alike. But…
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This as-told-to essay is based on a conversation with Aashna Doshi, a 23-year-old former Google software engineer based in New York City. The following has been edited for length and clarity.I took a big risk to get my Google job. Now I’m taking another one by leaving it.Around February 2024,…
