Garg says Better board will honor results once consent vote is confirmed
Occidental Petroleum (OXY -0.31%), the oil and gas giant more commonly known as Oxy, set a 52-week high of $67.45 per share on March 31. That year-to-date gain of nearly 60% was mainly fueled by the Middle East conflict’s impact on global oil prices. But after hitting a four-year high of $112.25 per barrel in…
Employees at insurance broker MRH Trowe wanted artificial intelligence to help with their daily work. Teams started trying AI tools on their own. That created a risk for the company. Sensitive client and insurance data could end up in software nobody at the firm controlled. MRH Trowe’s answer was to build one secure system where…
“Binance’s Android app has already come off Google Play across many European markets,” Erald Ghoos, CEO of OKX Europe, told Finance Magnates. He described the removal, which followed Binance’s withdrawal of its MiCA application in Greece, as a sign of “where things are heading for platforms without a licence.” More than a month after MiCA’s…
Mayor Zohran Mamdani seems to be all-in on tenant unions, the latest administration priority that could spell big changes for New York landlords. Tenant associations were a key part of the mayor’s “Rental Ripoff” report, which included plans to float legislation to “legally recognize” the groups. Although details on what Mamdani is envisioning are scant,…
Several mid-sized US lenders reported a sharp rise in market risk-weighted assets (RWAs) in the second quarter of 2026, led by Mizuho Americas, TD Group US and PNC Bank. Mizuho’s market RWAs jumped by $3.6 billion, or 30%, to a record $15.5 billion, the largest increase in absolute terms. TD Group US recorded the second-largest…
CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images When President Donald Trump signed his AI executive order in…