An A.I.-Generated Picture Stokes a Stock Market Plunge
Posted inBankman-Fried, Sam Bezos, Jeffrey P Biden, Joseph R Jr Carroll, E Jean Dimon, James Ellison, Caroline (1994- ) Federal Communications Commission Federal Energy Regulatory Commission Gates, Bill Gensler, Gary S Google Inc HK FTX Trading Ltd (Futures Exchange) Internal Revenue Service internal-storyline-no International Atomic Energy Agency Manchin, Joe III McCarthy, Kevin (1965- ) Microsoft Corp Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Republican Party RT (TV Network) Salame, Ryan Sanchez, Lauren (1969- ) Scott, Timothy Eugene Securities and Commodities Violations Senate Sullivan & Cromwell Twitter

An A.I.-Generated Picture Stokes a Stock Market Plunge

A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors
Posted inBanking and Financial Institutions Biden, Joseph R Jr Bostic, Raphael W Commerce Department Daly, Mary C Democratic Party Dimon, James Exxon Mobil Corp Facebook Inc Federal Reserve System First Republic Bank Frank (TAPD LLC) Goldman Sachs Group Inc Gorman, James P Group of Seven Internal Revenue Service internal-storyline-no JPMorgan Chase & Company Justice Department Lazard LLC Mitsotakis, Kyriakos Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley Bank Treasury Department

JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
Disney Deals DeSantis a $1 Billion Blow With Project’s Cancellation
Posted inBiden, Joseph R Jr Chapek, Robert A DeSantis, Ron Disney, Walt, World (Lake Buena Vista, Fla) Federal Reserve System Feinstein, Dianne Fox News Channel Google Inc Iger, Robert A Interest Rates internal-storyline-no Islamic State in Iraq and Syria (ISIS) Powell, Jerome H Real Estate (Commercial) Republican Party Social Media Supreme Court (US) TikTok (ByteDance) Twitter Walt Disney Company

Disney Deals DeSantis a $1 Billion Blow With Project’s Cancellation

The entertainment giant’s move to cancel a major office project stung the Florida governor just days before he is expected to officially enter the 2024 race.
Corporate Bankruptcies Are Set to Reach a Decade-Long High
Posted inAntitrust Laws and Competition Issues Balwani, Ramesh Bank of America Corporation Bankruptcies Bed Bath & Beyond Inc David's Bridal Inc Deutsche Bank AG Epstein, Jeffrey E (1953- ) Federal Deposit Insurance Corp Garcia, Sergio Golf Google Inc Group of Seven Holmes, Elizabeth (1984- ) internal-storyline-no Justice Department LeCun, Yann LIV Golf Mickelson, Phil Microsoft Corp Murdoch, Rupert OpenAI Labs PGA Tour Inc Private Equity Professional Golfers Assn Silicon Valley Bank Silver Lake Partners Software AG Theranos Inc TikTok (ByteDance) Vice Media Inc

Corporate Bankruptcies Are Set to Reach a Decade-Long High

New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.