Morgan Stanley to Open Wealth Management Funnel to External AI Agents
Morgan Stanley will soon allow external AI agents to directly access its stock administration platforms, ShareWorks and Equity Edge.
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Private Sector Adds 122,000 Jobs in May, Exceeding Expectations, ADP Reports
The private sector added 122,000 jobs in May, exceeding expectations.
Macy’s Reports Strongest Q1 Growth in Four Years, Raises Full-Year Guidance
Macy's posted its strongest fiscal first-quarter comparable sales growth in four years, leading the retailer to raise its full-year guidance.
Audemars Piguet Watch Prices Stable Despite Swatch Collaboration Concerns
Audemars Piguet's collaboration with Swatch, the Royal Pop collection, sparked fears of brand dilution.
President Donald Trump Accelerates Psychedelic Research for Mental Health Treatment
President Donald Trump signed an executive order to accelerate research into psychedelic drugs for mental illness.
Barry Diller’s People Inc. Offers to Acquire Casino Giant MGM Resorts for $48.30 Per Share
Barry Diller's People Inc. has made an offer to purchase casino giant MGM Resorts for $48.30 per share.
UAW Strike at Dauch Corp. Threatens General Motors Truck Production
Nearly 1,000 UAW workers at Dauch Corp. in Michigan are on strike, impacting General Motors' pickup truck production.
Akeso and Summit Therapeutics’ Ivonescimab Shows Improved Survival in China Lung Cancer Trial, Fueling Market Debate
Akeso and Summit Therapeutics' experimental lung cancer drug, ivonescimab, demonstrated a 34% reduction in death risk in a late-stage China trial, offering extended survival...
Disney’s Rita Ferro Spearheads Major Advertising Business Expansion Amid Industry Shifts
Rita Ferro, Disney's global advertising president, is expanding the company's ad business, focusing on major events like the Super Bowl and integrating ad tech...
AI Boom Reshapes Venture Capital, Creating Over 220 “Fallen Unicorns” Among Pre-ChatGPT Startups
The rise of generative AI has led to a significant re-evaluation in venture capital, with over 220 pre-ChatGPT startups now classified as "fallen unicorns"...