KB Home’s CEO says scale matters most at the local level
Key insight: Prashant Mehrotra has set up a disciplined operating model for AI deployments at U.S. Bank. What’s at stake: Investors have recently rebelled against excessive AI spending at tech companies like Meta. Expert quote: “We have never been into token maxing. When you have some technology or some capability available to you, you first…
Indian women are set to inherit at least ₹73 trillion over the next decade, according to a new report by Barclays Private Bank in collaboration with Encubay. The report is based on primary interactions with 22 women leaders across entrepreneurship, investing, fund management and family wealth. The ₹73-trillion estimate covers listed and…
Houses in Orchard Hills in Irvine, California, on Tuesday, May 28, 2024. Paul Bersebach | Orange County Register | Medianews Group | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to…
“He is also the sole beneficiary of my 403(b) accounts.”
In the latest big-ticket deal in the pharmaceutical industry, Vertex Pharmaceuticals (VRTX 1.31%) and Crinetics Pharmaceuticals (CRNX +98.74%) announced in a joint press release that Vertex is acquiring Crinetics. This won’t come cheap, to put it mildly; it’s a premium-priced deal that will cost billions of dollars. Here’s a look at whether that’s likely to…
Personal Finance Published: Tuesday, August 4, 2026, 13:59 [IST] EPFO is coming up with a new retirement savings framework where the organisation is planning to set a mandatory wage ceiling for Employees Provident Fund coverage from Rs.15,000 to Rs. 25,000 a month. The proposal has cleared the Finance Ministry and is now awaiting final approval…