Recent Posts

New, more agile robots speed takeover of ‘human jobs’

Bloomberg At a vast greenhouse in the central Danish city of Odense, a squad of robots move thin plastic pots of herbs for shipping without even putting a dent in them. For moviegoers used to seeing humanoid machines in action, that might not seem special — but in truth, it’s a remarkable feat. Robots until recently have been limited to ...

Read More »

Wells Fargo in talks with BofA exec for CEO job

Bloomberg More than 100 days into Wells Fargo & Co’s hunt for a chief executive officer, the field of potential candidates has winnowed  — but there’s little sign that an appointment is imminent. After twists and turns in the search, Bank of America Corp’s Cathy Bessant is among executives who remain in talks with Wells Fargo, while JPMorgan Chase & ...

Read More »

Citigroup expenses to be in focus as bank’s earnings season starts

Bloomberg Citigroup Inc is the first big US bank to report second-quarter earnings when its latest results come out. Investors will be keeping a close eye on how tightly the bank reined in expenses, and how its international businesses fared, as weak trading revenues are already anticipated. Citigroup CFO Mark Mason said second-quarter fixed-income and equities trading revenue would likely ...

Read More »
Send this to a friend