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Business - Page 3

Goldman Sachs CEO David Solomon Warns of Pain Ahead for Commercial Real Estate

The commercial real estate sector has long been considered a cornerstone of the global economy, providing office spaces, retail outlets, and industrial facilities that drive business growth. However, recent warnings from prominent…

by Nicole Kenny
June 13, 2023
Business

Japans Mitsubishi Electric to Build India Plant for $231 Mln

The Indian arm of Japans Mitsubishi Electric Corp (6503.T) said on Tuesday it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern state of Tamil…

by Brielle Dudek
May 12, 2023
Business

From business to politics: Mike Bloomberg’s journey to becoming Mayor of New York City

Q: What led you to become involved in politics and ultimately serve as the Mayor of New York City? A: My interest in public service dates back to my youth. I grew…

by Alex Turner
May 4, 2023
Business

Geely’s E.V. Brand Zeekr Jumps on the Gigapress Bandwagon

Geely’s E.V. brand Zeekr is the latest to join a growing list of automakers that have turned to the “gigapress” die-casting technique pioneered by Tesla to slash the cost of electric cars.…

by Brielle Dudek
April 28, 2023
Business

Apple CEO Tim Cook and Bharti Chairman Sunil Bharti Mittal Discuss Potential Collaborations During India Visit

Apple CEO Tim Cook met with Bharti Chairman Sunil Bharti Mittal on the final day of his visit to India. The meeting took place at Bharti’s headquarters in New Delhi and focused…

by Nicole Kenny
April 21, 2023
Business

ZA Bank Aims to Become Top Bank for Cryptocurrency Startups in Hong Kong

ZA Bank, the first virtual bank in Hong Kong, is making a big push to become the go-to bank for cryptocurrency startups. The company is aiming to become a leader in the…

by Nicole Kenny
April 19, 2023
Business

The 5 Best Balance Transfer Credit Cards With a 0% APR in April 2023

You may have racked up a sizable amount of debt in the last few years if you’re like other Americans. You may need help to keep up with your monthly credit card…

by Nicole Kenny
April 18, 2023
Business

Amazon CEO Andy Jassy Discusses High Cost of Training “Really Good” AI Models

In a recent interview, Amazon CEO Andy Jassy discussed the challenges and costs associated with training artificial intelligence (AI) models, noting that “really good” models can take “billions of dollars” to develop.…

by Brielle Dudek
April 14, 2023
Business

Walmart Commits to Chicago Market Despite Closure of Underperforming Stores

Retail giant Walmart has announced plans to close four of its underperforming stores in the Chicago area. The decision to close the stores comes as part of Walmart’s ongoing efforts to optimize…

by Alex Turner
April 10, 2023
Business
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