In 2022, a study by the Pacific Maritime Association claimed that automating two Los Angeles container terminals in 2015 led to an 11.2% increase in union workforce by 2021. However, another study backed by the International Longshore and Warehouse Union found that automation eliminated the equivale
OpenAI, a big name in the world of artificial intelligence, has just completed a massive funding round. The company, known for its ChatGPT chatbot, is now valued at an incredible $157 billion! This shows that people are still really excited about AI, even though some worry about how well and safely
Imagine a bank that reaches out to those who often get left behind. That's what Boost Bank is doing! Created by Axiata Group Berhad and Boost, this digital bank has teamed up with RHB Banking Group to make financial services more accessible. They’re focusing on safety measures against unauthorized a
Moving abroad can be exciting, but it also comes with a lot of decisions. One big factor is cost—where will your money go the furthest? The Mercer Cost of Living Survey for 2024 has some answers. Hong Kong tops the list as the priciest place for expats to live. It’s followed by Singapore, and then a
The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener
Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr
Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient
It's been a rough week for Humana, the health insurer. Their stock has taken a big hit, dropping 23% since Monday – that’s the worst weekly fall since 2020 and the sharpest two-day drop in 15 years! The cause? Medicare is downgrading some of Humana's key health insurance plans, which could hurt thei
The job market had a surprising burst of energy in September 2024. Leisure and hospitality led the way with 78,000 new jobs, while health care and social assistance added another 71,700. If private education was included, that group would have taken the top spot for job growth. Within the hospit
UFC President Dana White is setting the stage for a big event in Las Vegas. The upcoming UFC 306 pay-per-view card will take place on September 14, coinciding with Mexican Independence Day. White has dubbed it “a love letter to Mexican people.” To make this event extra special, he's investing $20 mi
