Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business
Month: August 2024
DeSimone Consulting Promotes Structural Engineer To Managing Principal
Mark Plechaty Will Be Based at the Firm’s New York Office
After Stock Market’s Wild Week, Wall Street Wonders What’s Next
Investors now have a factor to consider beyond the pace of inflation: Could the next sign of sputtering economic growth send stocks into a tailspin?
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in late 2022.
Google’s Rise Was Inevitable. So Was Its Antitrust Ruling
This week, a US federal district court judge ruled that Google was a monopolist. It’s been a long time coming.
Surf Air Mobility Announces Closing of $35.2 Million Mandatory Convertible Security with GEM Global Yield LLC
LOS ANGELES–(BUSINESS WIRE)–Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, today announced that it closed the previously announced issuance and sale to GEM of a mandatory convertible security (the “Security”). The Security has a par amount of $35.2 million and is convertible into a maximum of 8,000,000 shares of the Company’s common stock. The Company, in consultation with its board of directors, agreed to the sale of the Security to GEM with ob
Investors aren’t ready to buy in to Better’s comeback story
Digital mortgage lender boosted second quarter loan production by 45 percent and says it’s on track to originate more than $1 billion in mortgages in Q3 for the first time in two years, but losses continue to mount.
FATF calls on India to boost scrutiny of politicians’ bank accounts
The recommendation is part of a FATF review of India’s anti-money laundering systems that began in 2023
Following Pan Zhanle and Zheng Qinwen, Chinese Swimmers Claim Historic First Olympic Gold Medal for Artistic Swimming! Cosmo Lady Impresses Paris
PARIS–(BUSINESS WIRE)–Following Olympic gold medalists Pan Zhanle and Zheng Qinwen, the Chinese Artistic Swimming Team has made history by winning China’s first-ever Olympic gold medal in artistic swimming! This historic breakthrough has ignited a wave of national pride and excitement, with millions of Chinese celebrating this momentous victory. As the official partner of the Chinese Artistic Swimming Team, Cosmo Lady, a leading Chinese intimate wear brand, is sharing in this glory in its own
Resumen: Suzano informe un EBITDA ajustado de 6300 millones de reales en el segundo trimestre de 2024
SAN PABLO–(BUSINESS WIRE)–Suzano, el productor de pulpa más grande del mundo, anuncia sus resultados financieros para el segundo trimestre de 2024. El beneficio antes de intereses, impuestos, depreciaciones y amortizaciones (EBITDA) totalizó 6300 millones de reales, un aumento del 60 % respecto del segundo trimestre de 2023, lo que refleja los precios más altos de la pulpa, las tasas de tipo de cambio favorables, el mayor volumen de ventas y los menores costos de producción en comparación con