Darius Adamczyk will take global charge of the business. Credit: sdx15/ Shutterstock.com. Goldman Sachs Asset Management has introduced an artificial intelligence investing platform called AlphaAI, reflecting its view that AI will play a key role in generating returns in both public and private markets. Lou D’Ambrosio has been appointed to lead AlphaAI as chairman of […]
Amazon says that some customers will get back a sliver of cash from its pool of refunded money after the Trump administration’s tariffs experiment fell apart in court. The U.S. government began refunding billions of dollars in import taxes earlier this year after the Supreme Court ruled that a huge swath of the tariffs it […]
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly. In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super […]
Chancellor John Healey has confirmed he will deliver his first Budget on 28 October, pledging a fiscally disciplined package that will provide stability for businesses and households. In a video message, Healey said the Budget would “move money and power out of Westminster, and into every postcode around Britain”. He said it would be built […]
For months, Amazon would not say whether it planned to seek a refund on the tariffs President Donald Trump imposed under emergency powers. In May, that silence became a legal problem when consumers filed a class-action lawsuit in federal court in Seattle, arguing they were owed refunds for paying tariff-inflated prices and alleging the company […]
On Friday, the London Metal Exchange (LME) published its response to a combined consultation and discussion paper originally issued in March. It confirmed a series of reforms to its physical market infrastructure alongside a new consultation on streamlining how metal brands are listed The exchange said it will implement all proposals from the consultation section […]
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As patient interest in peptide therapy and longevity medicine accelerates, Beverly Hills concierge physician Dr. David Nazarian of My Concierge MD is helping patients distinguish evidence-based options from a growing wave of online misinformation. He emphasizes that careful medical evaluation, physician supervision, and an individualized, whole-person strategy are essential to using peptide therapy responsibly. BEVERLY […]
New York has filed a lawsuit against prediction market platform Kalshi, accusing the company of running an “illegal, unlicensed gambling operation” within the state. The suit, announced Friday by Governor Kathy Hochul and Attorney General Letitia James, seeks to halt Kalshi’s operations in New York and force the company to forfeit profits earned there. The […]
Good morning. Apple briefly crossed $5 trillion in market value this week—and how it got there should matter to finance professionals. Fortune’s Shawn Tully reports that Apple briefly reached the milestone on Tuesday, becoming only the second company in history to hit the $5 trillion mark, less than a year after first surpassing $4 trillion. […]