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Nasdaq prepares new products ahead of planned 23-hour trading day
Nasdaq has announced it will launch a suite of new products to support its plan to extend U.S. equities trading to 23 hours a day, five days a week, aiming to meet growing global demand for access to U.S. markets. The expanded trading schedule, expected to begin on December 6th pending regulatory approval, will run…
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Cyber and AI risks dominate near-term as insurers brace for climate and debt threats
Insurance chief risk officers (CROs) are prioritising cyber security, advanced technology, and third-party dependencies as their most immediate concerns, while preparing for longer-term risks including climate transition, data ethics, and a potential global debt crisis, according to an EY/IIF survey of 106 insurers. Cyber risk remains the top near-term threat, cited by 80% of CROs,…
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Meta tracks employee mouse movements for AI trainingta
Meta is implementing new tracking software on U.S. employees’ computers to monitor mouse movements, clicks, and keystrokes. The initiative, known as the Model Capability Initiative (MCI), aims to enhance the company’s AI models by mimicking human interactions with technology. The tool will operate on work-related applications and websites, capturing occasional screenshots of employees’ screens. According…
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Apple chief Tim Cook to hand over to John Ternus in September
Tim Cook has announced he will step down as Apple chief executive after nearly 15 years in the role, moving to executive chairman in September 2026. The company’s current head of hardware engineering John Ternus is set to succeed him. Mr Cook’s tenure marks one of the most successful leadership periods in corporate history, during…
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Nike pulls controversial Boston Marathon sign
Nike has removed a sign from its Newbury Street, Boston store that read “Runners welcome. Walkers tolerated” after it drew significant backlash online. The sign, which was intended to inspire participants in the Boston Marathon, was up for just over a week. Nike acknowledged the misstep, saying: “One of them missed the mark. We took…
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Boeing hires more than 100 factory workers a week
Boeing is hiring between 100 and 140 factory workers each week – the highest pace ?since 2024 – as it replaces retirees and increases staffing to support higher production rates. The U.S. planemaker’s unionized factory workers in the Pacific Northwest now number more than 34,000 and are “heading higher,” Jon Holden told Reuters in his…
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