Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he had no comment on foreign exchange intervention and crude oil futures. Mimura added that the official is in close contact with the United States (US) on currency.Key quotesNo comment on Forex intervention. Declines to…
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Apple CEO Tim Cook says he is stepping down after 15 years as chief executive because three key factors aligned: Apple’s current performance, its product roadmap and the readiness of his successor, John Ternus. Cook said the timing came down to a clear internal assessment of the company’s position and future.”I looked at three things,” Cook told FOX Business. “I looked at the performance of the company in the first half, and it’s been remarkable.…
Lawyers keep getting burned by artificial intelligence that invents cases and makes up quotes. Now,…
Hertz is expanding beyond its traditional car rental business through a new partnership with Uber…
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OpenAI CEO Sam Altman has a very direct way to get his message across. Loading audio narration… In a conversation with Stripe CEO Patrick Collison, Altman said that he messages “a few hundred” OpenAI employees a day between texts, Slack, and other media.”Very quick, like one, two messages, whatever, not…
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President Donald Trump says the U.S. has brought in $30 billion in funds generated from federal stock holdings in Intel over the past 90 days alone. Trump made the announcement on Thursday, highlighting that he authorized the U.S. government to invest in the semiconductor manufacturing company. Trump revealed in August…
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After turning 50, I retired from my job as a pharmacist and moved from San Francisco to Ajijic, Mexico. Loading audio narration… On paper, I had done everything right: I did a ton of research, picked a beautiful lakeside town, and ran the numbers. I was confident I could make…
