1+ day, 7+ hour ago   (600+ words) While not a homogenous group, family offices are a growing source of capital that can be more “patient” than private equity, EY’s Catherine Fankhauser says. There’s a saying in business circles: “If you’ve seen one family office, you’ve seen one....

1+ day, 6+ hour ago   (310+ words) The revived approach is the latest step in the Trump administration’s effort to reduce regulatory burdens for dealmakers. The department described the move as a return to a historical practice designed to reduce administrative burdens while preserving its ability to…...

1+ day, 6+ hour ago   (589+ words) The CFO announcement comes as the healthcare tech provider navigates growing costs, including a $100 million jump in the cost of computer memory chips. Saccaro joined GE Healthcare in 2023 when the company spun off from the wider General Electric business. Before…...

1+ day, 6+ hour ago   (458+ words) While U.S. exports fell this month, July 4 celebrations and the World Cup competition spurred domestic demand, S&P Global said. The newest S&P Global survey of purchasing managers suggests that gross domestic product growth will accelerate to 2% this quarter from…...

2+ day, 6+ hour ago   (305+ words) The bipartisan proposal comes on the heels of OpenAI disclosing that certain AI models it developed were behind an “unprecedented cyber incident.” The announcement comes on the heels of OpenAI’s disclosure in a Tuesday blog post that certain AI models…...

2+ day, 5+ hour ago   (614+ words) Tesla shares fell by 14% after its Q2 earnings amid concerns of weaker profit and slower than expected expansion in key areas such as its robotaxi product. Tesla’s capital expenditures shot up by 142% year-over-year to nearly $6 billion, according to its shareholder deck…...

2+ day, 5+ hour ago   (503+ words) AI “use for board-level purposes seems to be comparatively new, uneven and still maturing,” Deloitte said. A recent breakout by two OpenAI systems while undergoing testing spotlights the importance of setting guardrails on the technology. OpenAI said Tuesday that its…...

2+ day, 6+ hour ago   (696+ words) With salary budgets projected to increase 3.4% in 2027, employers are moving away from broad-based pay increases in favor of more targeted increases and spot awards. The findings were based on a survey between March and May of more than 34,000 companies across…...

3+ day, 18+ min ago   (495+ words) Hidden costs and poor governance are complicating efforts to keep enterprise AI spending on track, according to the study. The findings highlight the growing challenge companies face in forecasting and managing AI costs, as they navigate unforeseen expenses, limited visibility…...

4+ day, 6+ hour ago   (737+ words) “With the industry’s adoption of AI, the judgment-building work doesn’t disappear,” writes Trullion CEO Artie Minson. Artie Minson is CEO of New York-based Trullion, provider of an AI-powered accounting and audit platform for finance teams. He previously served as co-CEO…...