Investors have long had a love affair with U.S. tech stocks from the boom cycle of the late ‘90s and early 2000s that famously ended with the dotcom crash, to the AI-induced heights of Nvidia’s current stock rally. Love affairs, though, often end badly, and this one could leave investors nursing both an aching wallet … Read more
Ghosting isn’t just for dating anymore. Now Gen Z are treating their would-be employers like bad dates and not showing up for job interviews or their first day on the job without as much as a phone call. Employment website Indeed surveyed 1,500 businesses and 1,500 working people in the U.K. and found that job … Read more
Germany has watched its economic brand diminish in the face of economic indicators that make analysts cringe and embarrassing comparisons with the rampant U.S. Now, German companies are voting with their feet and cash by committing record levels of capital to the U.S., showing the private sector’s dismay at the state of Germany’s economy and … Read more
Retired Army Col. Farrell Patrick taught computer science at West Point during the 1970s and then at two private universities through the 1990s, so he isn’t surprised by the progress technology has made over the decades. But when the 91-year-old got his first virtual reality experience recently, he was stunned. Sitting in a conference room … Read more
Amidst economic uncertainty, high interest rates, talent shortages, and rising capital costs, artificial intelligence (AI) is top of mind for many industries, governments, and academic institutions. While there is a long list of challenges that the health care sector must overcome, there is reason to believe that through AI, we are on the cusp of … Read more
They say anything men can do, women can do better—which may include reaping the health benefits of regular exercise. That’s according to a new study published today in the Journal of the American College of Cardiology. An international team of researchers from the U.S. and China showed that women who exercise regularly have a … Read more
Abilio Diniz, the acclaimed Brazilian business leader who grew his family retail business into a giant, lost control of it, then became a major shareholder in a rival company, has died. He was 87. Diniz died at a hospital in Sao Paulo, where he was being treated for respiratory failure caused by pneumonia, a spokesperson … Read more
Cities around the world from Bangkok to Detroit are fading from international flight networks as the post-Covid travel boom funnels traffic into more traditional hubs. Across Southeast Asia, pre-pandemic links with Europe have all but vanished as Philippine Airlines Inc., Garuda Indonesia and Thai Airways International Pcl cut flights. Manila and Jakarta, for example, have … Read more
Stark Bank, one of the few Latin America startups to receive funding from Jeff Bezos’ family office, is generating profits from its business of helping companies handle payments, while leaving cash raised from its funding rounds nearly untouched. The Sao Paulo-based company handled 155 billion reais ($31 billion) of payments in 2023, a three-fold jump … Read more
The widow of Russian opposition leader Alexei Navalny vowed on Monday to continue his fight against the Kremlin, while authorities denied his mother access to a morgue where his body is believed to be held after his death last week in an Arctic penal colony. With her voice cracking at times in a video posted on social … Read more