business news
How Jenny Johnson beat family‑name ‘bias’ to lead $1.5 trillion asset manager Franklin Templeton
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Shaped by family legacy, grit and a deep sense of responsibility, Jenny Johnson reflects on the pivotal decisions that took her from “the founder’s granddaughter” to the CEO of Franklin Templeton. Source
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Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents
Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The […]
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Asia markets make cautious start, oil rises on U.S.-Iran talks
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asian financial markets were treading carefully on Tuesday in holiday-thinned trading, but oil pushed higher with U.S and Iran nuclear negotiations in Geneva due to begin later in […]
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Australia central bank sees no set path for future rates, following Feb hike
Australia’s central bank sees inflation staying above its target band in 2026. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank concluded inflation would stay stubbornly high if it had not hiked interest rates as it did this month, and was not yet sure if further tightening would be necessary. Minutes of the Reserve […]
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S&P 500 futures are little changed after back-to-back losing weeks: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images S&P 500 futures are near flat Monday night following two straight negative weeks for the benchmark. Futures tied to the broad index added 0.1%, while Nasdaq 100 futures shed 0.2%. […]
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Hyatt Chairman Pritzker leaves board over Epstein ties
Thomas Pritzker, executive chairman of Hyatt Hotels Corp., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 2, 2018. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions of our time. […]
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Apple takes on YouTube and Spotify with new video podcasting push
Apple Podcasts on App Store displayed on a phone screen is seen in this illustration photo taken in Poland on June 5, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Apple on Monday announced that it will bring a new integrated video podcast experience to Apple Podcasts this spring. […]
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Visa’s Olympics monopoly highlights Europe’s payment headache
Milano Cortina 2026 Winter Olympics – Previews – Cortina d’Ampezzo, Italy – January 26, 2026 General view of the Olympic rings covered in snow ahead of the Milano Cortina 2026 Winter Olympics. Claudia Greco | Reuters Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been […]
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AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
Preteen girl at desk solving homework with AI chatbot. Phynart Studio | E+ | Getty Images The UK government is closing a “loophole” in new online safety legislation that will make AI chatbots subject to its requirement to combat illegal material or face fines or even being blocked. After the country’s government staunchly criticized Elon […]
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French prosecutors are investigating companies like Nestle and Danone over contaminated baby formula. Here’s the latest
A crisis over contaminated baby formula has grown with product recall after recall in recent weeks. On Friday, Paris’ public prosecutor said it opened investigations into five companies that make the formula. Parents and investors are on edge. The investigation concerns possibly contaminated infant nutrition products distributed by three of the world’s largest dairy groups, […]
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