When technology stops trying to impress
While companies compete over benchmarks, partnerships, and product releases, the underlying dynamic is simpler than it appears. Technology only matters when it removes friction from everyday l...
The jobs most at risk may still find a way forward
Predictions about how AI will reshape the labor market are multiplying, but they still rest on fragile ground. A recent line of research from GovAI and the Brookings Institution takes a slightly more ...
Walmart Secures Machine Learning Patents to Aid Retail Pricing
Walmart has secured U.S. patents for two systems that would use machine learning to inform the company’s pricing, the Financial Times reported Wednesday (March 18).
One patent is for a �...
BofA Targets European Banks With Private Credit Short Basket
Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Fina...
OCC Ends Restrictions on 4 Banks
The Office of the Comptroller of the Currency (OCC) terminated enforcement actions against four banks in March.
In each case, the OCC said it believes “the safety and soundness of the Ban...
Elavon Picks BofA Vet Wally Mlynarski as CEO
U.S. Bank-owned payments processing company Elavon has named a new CEO.
Wally Mlynarski has been tapped to serve as its chief executive, Elavon announced in a news release Wednesday (M...
