Alan Joyce steps down as Qantas CEO, replacement revealed
Joyce, who was appointed CEO in 2008, will be succeeded by the Group’s current chief financial officer, Vanessa Hudson.
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IBM plans to replace 7,800 human jobs with AI, report says
Some 7,800 human jobs could be replaced in the coming years by AI programs, IBM CEO Arvind Krishna told Bloomberg.
JPMorgan stock set for second-best day this year after First Republic takeover
Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.
Apple’s new savings account draws nearly $1 billion in deposits in first four days
While regional banks struggle to hold onto deposits, and maintain net interest margins, Apple and Goldman’s new savings account is showing big inflows.
First Republic taken over by JPMorgan after regulators shut it down
JPMorgan Chase has agreed to assume all deposits of First Republic bank as part of a deal inked with the FDIC.
‘I’ve never hired a writer better than ChatGPT’: How AI is upending the freelance world
“I’m really frankly worried that millions of people are going to be without a job by the end of this year.”
First Republic Bank reportedly on verge of collapse
First Republic’s stock cratered on Friday, and is now down 98% from its 52-week high.
Mark Zuckerberg gets $10 billion richer after Meta’s latest home run
“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.
The wild saga of the meme stock that’s left thousands of shareholders with nothing
Spoiler alert: shareholders are losing their shirts. Blame a series of unusual gaffes, snafus and miscommunications.
Aussie GM’s journey from teen retailer to TAG Heuer frontrunner
Van Mulryan has been working in retail since she was 15 – now, she’s the general manager of TAG Heuer Australia. She sits down with Forbes Australia to share her thoughts on leadership and success.