Artificial intelligence is set to affect 40 per cent of jobs around the world, the International Monetary Fund warns. The IMF says the impact will be greater for advanced economies, with about 60 per cent of roles affected. About half of those workers will benefit from the integration of AI, which could boost productivity, but … Read more
Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. David Paul Morris | Bloomberg | Getty Images Microsoft said on Tuesday that small businesses can now subscribe to its Copilot virtual assistant in the company’s productivity apps. And consumers who pay for the Microsoft 365 software can sign … Read more
Kroger CEO Rodney McMullen testifies about the proposed massive grocery store merger with Albertsons at a Senate Judiciary Committee Competition Policy, Antitrust, and Consumer Rights Subcommittee hearing on Capitol Hill in Washington, November 29, 2022. Jonathan Ernst | Reuters Supermarket chain Kroger’s proposed acquisition of rival Albertsons is now expected to close in the first half of … Read more
TOKYO — Members of a group of men who say they were sexually abused as boys by a Japanese entertainment mogul are accusing the company behind the scandal, previously known as Johnny’s, of not being sincere in dealing with the victims. Shimon Ishimaru, who represents the victims’ group, said many have not yet received compensation. … Read more
MILAN — Milan Fashion Week of menswear previews for the next cold weather season closed on Monday with Armani and Zegna, the A-to-Z of Italian men’s fashion. The relatively light calendar reflected the choice of some brands to favor coed shows during the womenswear week, scheduled for next month. Some scenes from Monday’s menswear preview … Read more
Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy. Over the past decade, Barra has been a dynamic executive, … Read more
The wealth of the three richest Australians — Gina Rinehart, Andrew Forrest and Harry Triguboff — has more than doubled since 2020 at a rate of $1.5 million an hour, according to new analysis. Charity Oxfam’s latest report found the total wealth of the country’s billionaires increased by more than 70 per cent, or $120 … Read more
A royal facelift of Australia’s currency is well underway, with an effigy of King Charles III put onto a new collector coin. Big numbers queued outside the Perth Mint, in the city’s CBD, in anticipation of Monday’s release of the first Australian precious metal collector coin to feature the king’s portrait. It comes after Queen … Read more
SAN RAFAEL, Calif. — Ruth Ashton Taylor, a trailblazing journalist who was the first female newscaster to work in television on the West Coast, has died. She was 101. Taylor died Thursday at an assisted living facility in San Rafael, California, according to her family. No cause of death was released. “She died very suddenly,” … Read more
NEW YORK — Business Insider’s top executive and parent company said Sunday they were satisfied with the fairness and accuracy of stories that made plagiarism accusations against a former MIT professor who is married to a prominent critic of former Harvard President Claudine Gay. “We stand by Business Insider and its newsroom,” said a spokesman … Read more
