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...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
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...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...Robinson and other experts have likened the probe to the payment protection insurance scandal, which dates back to the 1990s when banks mis-sold insurance to millions of customers, leading banks to later...
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...“[The current regulatory approach] is rightly in the interests of policyholders — to keep their money safe — but it narrows the funnel of investable projects,” the report stated....
...This shift will have major ramifications for both the auto industry and the energy sector.”...
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...“Machine learning for safe driving is all about data. More data helps to make better decisions.”...
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...Chang’s and business technology provider Computer Services Inc....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Insurance also operates on rolling contracts. Right now, auto insurers are perhaps pushing up premiums to make up for higher post-pandemic costs. Both should settle, but it will require patience....
...In a survey it conducted, nearly a third of consumers who prefer Apple Pay are in that age group. Conversely, nearly 50 per cent of those who prefer PayPal are 45 years old and above....
...Though not yet announced, it’s a safe bet that GTA VI will also lean heavily into online multiplayer....
...Boeing created a product and services safety group, also reporting to the chief engineer, and appointed Beth Pasztor, the safety, security and compliance vice-president for Boeing’s commercial plane business...
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...Besides credit card debts, Blackstone has picked up home improvement loans, auto loans and loans financing rooftop solar power....
...They were long thought to be safe. But then the Class B bond plunged, falling to a little over half of its face value following the default....
...The standalone unit, which voluntarily walls off American data, is up and running but has failed to persuade US lawmakers that the app is safe....
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