“An artist friend of mine got me an AI-generated painting as a gift. I can see she tried to personalize the concept, and it’s nicely framed, but part of me still feels a little cheated. Is that fair?” —No Returns Dear No Returns, There’s something implicitly paradoxical about feeling “cheated” by a present. A gift … Read more
Customers visit Macy’s Herald Square store on December 17, 2023 in New York City. Kena Betancur | Corbis News | Getty Images Investment firm Arkhouse Management has launched a proxy fight at Macy’s, nominating a slate of nine directors for election to the department store’s board. Macy’s on Tuesday confirmed that it had received notice … Read more
Indian government expenditure needs to be focused on development given the growth needs and the interim budget intentions signal that the general government debt-GDP ratio could decline to 73.4 per cent by 2030-31, around 5 percentage points lower than the IMF’s projected trajectory of 78.2 per cent, a research paper by RBI showed. “With recalibration … Read more
A trio of Google engineers recently came up with a futuristic way to help anyone who stumbles through presentations on video calls. They propose that when algorithms detect a speakerâs pulse racing or âummsâ lengthening, a generative AI bot that mimics their voice could simply take over. That cutting-edge idea wasnât revealed at a big … Read more
Starbucks baristas from 21 stores around the country told the company Tuesday that they plan to organize, potentially adding hundreds of new members to a union campaign that’s battling the coffee chain for first contracts. The union, Workers United, said it is the largest group of Starbucks stores to go public with their organizing plans … Read more
Barclays is to cut £2bn in costs, raising fears of further job losses as the lender shrinks its investment bank in a corporate shake-up intended to increase shareholder payouts by £10bn within three years. Barclays released figures on Tuesday showing that pre-tax profits for 2023 fell to £6.6bn, down 6% from £7bn a year earlier … Read more
The logo of U.S. home improvement chain Home Depot is seen in Mexico City, Mexico January 15, 2020. Luis Cortes | Reuters Home Depot on Tuesday said quarterly sales declined nearly 3% year over year, but it surpassed Wall Street’s earnings and revenue expectations despite the cooler demand. The home improvement retailer said it expects … Read more
(The Hill) — Capital One will acquire Discover Financial Services in a $35.3 billion all-stock transaction that is expected to boost the bank’s standing in the credit card market, the bank announced Monday. Discover shareholders will receive just over 1 (1.0192) Capital One shares for each Discover share they own, a nearly 27% premium based … Read more
The stellar rally in Indian equities that’s made them an investor favorite has run into headwinds that go beyond elevated valuations. Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that … Read more
.jpg "Metal Prices Are Soaring. So Is Metal Theft")
Some people will go to extraordinary lengths to harvest metal. For his 2017 book on the subject, Metal Scrappers and Thieves: Scavenging for Survival and Profit, Stickle interviewed one man who used to hunt down abandoned buildings on Google, then find pictures or videos from urban explorers who had visited these locations for kicks, just … Read more
