IBM will slow or suspend hiring for back-office roles that AI could replace. IBM’s CEO told Bloomberg 7,800 jobs, roughly 30% of back-end roles, would be replaced over 5 years. Roles in human resources and non-customer-facing jobs will be impacted.…
A Tesla critic said he is accepting Elon Musk’s offer of $10,000 to resolve a defamation suit. Randeep Hothi, the critic, said the outcome leaves him “vindicated.” Hothi had alleged the Tesla chief defamed him in an email claiming Hothi…
Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this…
Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. Gold and other precious…
Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this…
Mayor Eric Adams said Sunday the city will hand out 500 free Apple AirTags to New York residents. Adams said it’s part of the city’s efforts to help reduce the thousands of car thefts every year. AirTags are intended to…
If you’ve been lucky enough to love a dog, you know that many develop some level of arthritis. Arthritis, or joint inflammation, most commonly appears in senior dogs; however, young dogs are also susceptible. Managing dog arthritis involves pharmaceutical and…
The US may not have royals, but it does have family empires worth billions. They’ve accumulated fortunes in a variety of ways, including publishing, cosmetics, retail, and hotels. See the top-25 richest families in the US, ranked by net worth,…
Welcome back! Dan DeFrancesco in NYC. Today, we’ve got stories on job cuts at Lazard, why the payment industry is broken, and how to get a jump start on Mother’s Day. But first, the banking crisis that just won’t end. If…
First Republic Bank was put into receivership by regulators early Monday. JPMorgan is taking over the failed lender and its deposits of almost $104 billion. First Republic’s failure is the second-largest in US history. LoadingSomething is loading. Thanks for signing…
