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Don’t rush investments into chat A.I.

Chandan Khanna | AFP | Getty Images Google chief evangelist and “father of the internet” Vint Cerf has a message for business executives looking to rush business deals around chat artificial intelligence: “Don’t.” Cerf pleaded with attendees at a Mountain View conference on Monday not to scramble to invest in …

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Coca-Cola (KO) Q4 earnings

Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher prices on its drinks. But those higher prices have hurt demand for Coke products like Simply Orange Juice and Fairlife Milk. Coke said its unit case volume, which strips out the impact of currency and price changes, fell …

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2022 deficit lower than expected; inflation, GST support

Lawrence Wong, Singapore’s deputy prime minister and finance minister, delivered the Singapore Budget 2023 on Feb. 14 in Parliament. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore says its budget deficit for 2022 will be lower than expected — at $1.5 billion dollars, or 0.3% of its gross …

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U.S. inflation is ‘far stickier’ and could last a decade

U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street is gearing up for key inflation data later Tuesday, when the Labor Department releases its January consumer price index. It is a widely followed inflation …

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Financial stability relies on student debt forgiveness, borrowers say

Payment pause has been a reprieve, not a long-term solution Next month marks three years since federal student loan borrowers were last required to make a payment on their loans, thanks to the pandemic forbearance that began under former President Donald Trump.  Borrowers who were able to stay on top …

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Zoox robotaxi now giving rides to employees on California public roads

Amazon’s self-driving company Zoox unveiled its autonomous robotaxi on Monday. Zoox Amazon-owned autonomous vehicle venture Zoox said on Monday that it is now testing its self-driving robotaxis on public roads in California with passengers on board. The vehicles have no steering wheel or pedals, and they have bidirectional driving capabilities …

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Palantir Q4 earnings 2022

A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir popped as much as 19% in extended …

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NBC Sports hopes to make aggressive bid for NBA

Boston Celtics forward Jayson Tatum (0) attempts a basket in front of Golden State Warriors forward Draymond Green (23) in the second half during game three of the 2022 NBA Finals at TD Garden. Kyle Terada | USA Today Sports Cue up John Tesh’s “Roundball Rock” – “The NBA on …

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7% of workforce at Roomba maker let go

A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Images Roomba maker iRobot on Monday announced plans to cut around 7% of its workforce. The cuts will affect roughly 85 employees, iRobot said in its fourth-quarter earnings report. The company …

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Some newlyweds may face a higher tax bill due to a ‘marriage penalty’

Ivan Kyryk | Istock | Getty Images If you got married in 2022, you can add “tax return” to the list of things you’ll now be sharing. For some newlyweds, this is going to mean a bigger tax bill due to a so-called “marriage tax penalty.” It can happen when …

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