Business and Economy

Business and Economy Latest News

Climate pledges of big firms 'critically insufficient': report
Climate pledges of big firms 'critically insufficient': report
by  AFP

From carmakers to fast fashion, dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change, a report said Tuesday. Distinguishing real cuts to planet-heating greenhouse gas emissions from "unsubstantiated greenwashing" was a major challenge, particularly for consumers, they said.

OpenAI's Sam Altman declared billionaire by Forbes
OpenAI's Sam Altman declared billionaire by Forbes
by  AFP

Sam Altman, the CEO of ChatGPT creator OpenAI, has become a billionaire, Forbes said Monday. Altman, who became the face of the global AI frenzy when his company released ChatGPT in 2022, cracked the magazine's list of billionaires in the 2,692nd position.

JPMorgan Chase CEO warns inflation could stay high
JPMorgan Chase CEO warns inflation could stay high
by  AFP

Inflation could remain elevated for longer than expected, posing a risk to the US economy's near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday. Dimon pointed to ongoing fiscal investment, trade policy shifts and green economy spending as inflationary drivers in spite of many economic indicators that have remained "good."

Energy

Money

Industry

Technology

Economy