Investments and Business

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

More news - Latest news William H. Donaldson, who made an early fortune as co-founder of the innovative securities firm Donaldson, Lufkin & Jenrette and later pushed for tougher financial regulation as chairman of the Securities and Exchange Commission in the wake of the Enron and WorldCom accounting scandals , died Wednesday at his home in Westchester County, New York, at the age of 93. The cause was leukemia, his son Adam said. Mr. Donaldson also briefly served as undersecretary of state under Henry A. Kissinger, ran the New York Stock Exchange and was chief executive of the insurance company…
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Modi in India, humiliated by voters, faces serious economic difficulties

Modi in India, humiliated by voters, faces serious economic difficulties

Related media - Latest news The humiliation of Modi's party resonates in part as an expression of popular frustration that India remains a land of economic peril for hundreds of millions of people, as well as a country characterized by startling contrasts in wealth. In big cities, five-star hotels boasting luxurious spas look down on teeming, unsanitary slums. In rural areas, malnutrition prevails under many roofs and families struggle to find the money to send their children to school. Even though its working-age population numbers about a billion, India has only 430 million jobs, according to the Center for Monitoring…
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How the Humane AI Pin Failed

How the Humane AI Pin Failed

More news - Recent news Ms. Bongiorno and Mr. Chaudhri said Humane was working on problems with the device. The startup has added more voice navigation options to the device, as well as sound effects, to make it easier to use. The updates include the integration of OpenAI's latest chatbot system, GPT-4o, designed to improve battery life by 25% and reduce the device's response time to two seconds. Those updates responded to questions raised by auditors, the founders said. Ms. Bongiorno defined the reviews and feedback as “a gift given to us”. Companies are interested in the device, he added.…
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Check out photos from inside the 2024 Belmont Stakes

Check out photos from inside the 2024 Belmont Stakes

Related media - Latest news Summer at the spa - a ritual that has lasted nearly 200 years - began early in Saratoga Springs, New York, with the third leg of the Triple Crown, the Belmont Stakes, held Saturday for the first time at Saratoga Race Course, a relic revered where elites and others mingle, but horses dominate. Broadway, the city's central thoroughfare, was abuzz with activity. Lines for picnic tables along the trail formed before dawn. A new color, Belmont Green, blends with the track's signature red and white coating. Owners, trainers, runners and loyalists all hailed the break…
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