OpenAI confidentially filed IPO papers with the SEC yesterday, setting the stage for yet another massive tech company float later in the year. You can read OpenAI’s statement here. It’s very short. Here is the entire thing, verbatim: “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We…
Microsoft eliminated 4,800 positions on Monday and plans to cut about 20% of its Xbox division as it restructures amid the rapid advancement of artificial intelligence. Xbox will cut 3,200 roles this fiscal year, starting with 1,600 today, Xbox CEO Asha Sharma said in a memo to employees. The remaining 1,600 cuts will come in addition…
by Calculated Risk on 1/10/2026 08:11:00 AM The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. —– Monday,…
In This Article As if homeowner’s insurance weren’t expensive enough, a new federal rule has quietly moved the responsibility to pay for roof damage claims off the insurers’ shoulders and onto property owners. This means that after storm damage, investors must foot the cost for damage to their roofs—if they opt to pay less for…
The central government has complete power with a clear mandate, but directives from the Centre have to be executed well at the state level. So, there are many things that are still not in Modi’s hands, says Raamdeo Agrawal, Joint Managing Director, Motilal Oswal Financial Services in an interview with Narendra Nathan and Sanket Dhanorkar….
By Richard D. Harroch and David A. Lipkin The legal landscape, particularly in the area of mergers and acquisitions, is undergoing a significant transformation driven by artificial intelligence (AI). What once often required a large team of analysts, lawyers, and advisors working around the clock can now be accomplished more efficiently and accurately with AI-powered…
Form 4 Colony Bankcorp Inc For: 6 July
Calastone said easing outflows were driven by increased buying activity, with expectations of lower interest rates supporting confidence. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post…
Islamic finance across the Middle East and Africa is entering a new phase of maturity, as sukuk markets diversify beyond sovereign issuance, banks compete to serve a generation of digitally native clients, and providers look to Shariah-compliant structures to bridge Africa’s SME funding gap. Read on to discover how local currency issuance is reshaping GCC…
The S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season. Broadcom jumped after the chipmaker and Apple agreed to extend a deal through 2031 to develop and supply…