France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

Federal prosecutors have charged a San Francisco Bay Area real estate investor with perpetrating a multimillion-dollar Ponzi scheme that they say defrauded more than 190 investors out of $103 million, many of whom are senior citizens. Mark Hanf, the CEO of Pacific Private Money Group, and PPMG’s Chief Operating Officer Nam Phan were charged with…

Going independent is often viewed as the destination. Patrick Larkin discovered it was just the beginning. Louis sits down with Patrick, Partner and Practice Leader at Cerity Partners and former founder of Oak Hill Wealth Advisors, to discuss an unconventional journey: leaving Wells Fargo to build an independent RIA, then choosing to merge that business…

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North Korea says Kim oversaw hypersonic missile drill

Anthropic is sharing three new metrics that it says could help artificial intelligence companies monitor the pace of development, days after CEO Dario Amodei rocked the industry by calling for a coordinated slowdown. In a blog post on Thursday, the company said it measured AI-led research and development, oversight of AI agents and compute allocation…