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Monthly Archives: November 2023

Australia walks tight rope on trade with China as security concerns mount

Chinese President Xi Jinping meets with Australian Prime Minister Anthony Albanese at the Great Hall of the People in Beijing, capital of China, Nov. 6, 2023. (Photo by Ding Haitao/Xinhua via Getty Images) Xinhua News Agency | Xinhua News Agency | Getty Images Australia’s relationship with China remains fractious even …

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Southeast Asia may be on the cusp of a cashless payments revolution

Mobile Payment, Women, Contactless Payment,China – East Asia, Shanghai, 20-29 Years, Paying, Banking Asia-pacific Images Studio | E+ | Getty Images Southeast Asia is “supercharged” to power a shift toward digital payments and other innovations in digital services, thanks to an acceleration in digital transformation during the pandemic, said accounting …

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Iger explains Marvels flop, too many Disney sequels

NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M. Santiago | Getty Images One year after returning to the helm of Disney, Bob Iger said Wednesday …

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Salesforce (CRM) Q3 earnings report 2024

Marc Benioff, CEO of Salesforce, participates in a conversation on AI and the Future at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 16, 2023.  Andrew Caballero-Reynolds | AFP | Getty Images Salesforce shares rose 7% in extended trading on Wednesday after the cloud software …

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Women often associate money with stress. How to change that

AleksandarNakic | E+ | Getty Images Women have a complicated relationship with money. That may start with how they feel about their finances. While men most commonly say they are “hopeful” when it comes to money, women’s No. 1 word for their financial feelings was “stress,” according to a 2023 …

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Miriam Adelson makes play for Texas with Mavericks deal

A detailed view of the Dallas Mavericks logo on the court during the fourth quarter in Game Four of the 2022 NBA Playoffs Western Conference Finals between the Golden State Warriors and the Dallas Mavericks at American Airlines Center on May 24, 2022 in Dallas, Texas. Ron Jenkins  | Getty …

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Here’s what it would take for the Fed to start slashing rates in 2024

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year from the Federal Reserve. …

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AI will be ‘fairly competitive’ with humans in 5 years

Nvidia CEO Jensen Huang said Wednesday that artificial intelligence is gaining on humans. Speaking at the New York Times’ annual DealBook summit, Huang said that if artificial general intelligence (AGI) is defined as a computer that can complete tests in a “fairly competitive” way to human intelligence, then “within the …

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Jamie Dimon says JPMorgan Chase would exit China if ordered to

JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank would exit China if the U.S. government ordered him to. “If the American government makes me leave China, I’m leaving China,” Dimon said at the DealBook Summit during a discussion about a potential future conflict over Taiwan. “If there’s a …

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Jamie Dimon urges business leaders to help Nikki Haley

JPMorgan CEO Jamie Dimon has a message for some of the world’s wealthiest corporate leaders: Help Nikki Haley’s presidential campaign. “Even if you’re a very liberal Democrat, I urge you, help Nikki Haley, too. Get a choice on the Republican side that might be better than [Donald] Trump,” Dimon said …

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