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Tag: investments

The logo of DeepSeek is displayed alongside its AI assistant app on a mobile phone, in this illustration picture taken January 28, 2025. REUTERS/Florence Lo/Illustration/File Photo

China’s DeepSeek claims theoretical cost-profit ratio of 545% per day

Chinese AI startup DeepSeek disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day.

Read More China’s DeepSeek claims theoretical cost-profit ratio of 545% per day
LOS ANGELES, CALIFORNIA - MARCH 02: Mourners wait in line to attend the public viewing for Archdiocese of Los Angeles Auxiliary Bishop David G. O'Connell, part of three days of memorial services, at the Cathedral of Our Lady of the Angels on March 2, 2023 in Los Angeles, California. O'Connell, a native of Ireland, was a beloved member of the South L.A. community where he ministered for 27 years and was shot and killed inside his home in Hacienda Heights on February 18. Archbishop José H. Gomez called O'Connell ‘a peacemaker with a heart for the poor and the immigrant.’ (Photo by Mario Tama/Getty Images)

Archdiocese of L.A. Settles Clergy Abuse Claims for $880M, Raising Total to $1.5B

The Archdiocese of Los Angeles has agreed to pay $880 million to victims of clergy sexual abuse that goes decades back in the past, in what an attorney said was the largest single child sex abuser settlement with a Catholic archdiocese. 

Read More Archdiocese of L.A. Settles Clergy Abuse Claims for $880M, Raising Total to $1.5B
Jury Deliberations Continue In Bob Menendez Corruption Trial NEW YORK, NEW YORK - JULY 16: U.S. Sen. Bob Menendez (D-NJ) arrives for his federal bribery case in Manhattan federal court on July 16, 2024 in New York City. Menendez and his wife Nadine are accused of taking bribes of gold bars, a luxury car, and cash in exchange for using Menendez's position to help the government of Egypt and other corrupt acts according to an indictment from the Southern District of New York. The jury has begun deliberations in the trial. (Photo by Adam Gray/Getty Images)

Sen. Menendez Found Guilty Of All 16 Counts In Federal Corruption Trial

A judge has found Senator Bob Menendez guilty of conspiracy of bribery, obstruction of justice, and acting as a foreign agent. 

Read More Sen. Menendez Found Guilty Of All 16 Counts In Federal Corruption Trial
Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Financial industry grappling with AI’s gifts and perils, executives say

The spread of AI-based systems offers big opportunities for financial services firms, but asset managers face higher stakes because they manage sensitive information.

Read More Financial industry grappling with AI’s gifts and perils, executives say
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo

GM and Ford count on gas-powered trucks as EV growth slows

GM and Ford face a challenge in common when explaining to investors where profit growth will come from.

Read More GM and Ford count on gas-powered trucks as EV growth slows
LOS ANGELES, CALIFORNIA - DECEMBER 04: Isra Hirsi attends the Teen Vogue Summit & Block Party at Goya Studios on December 04, 2021 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)

Ilhan Omar’s Daughter, Isra Hirsi, Suspended From College For Involvement In Anti-Israel Protests

The daughter of “squad” member Illhan Omar, Isra Hirsi, announced Thursday that she has been suspended from Barnard College over her involvement in anti-Israel protests on Columbia University’s campus. 

Read More Ilhan Omar’s Daughter, Isra Hirsi, Suspended From College For Involvement In Anti-Israel Protests

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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