Microsoft's Purna Virji Talks Tech's Impact on Business
Hope King sat down with Purna Virji, Senior Manager of Global Engagement at Microsoft, to talk about how companies utilize advances in technology to expand their businesses.
Virji talks the rise in A.I. across industries. We dig into the feud between tech heavyweights Elon Musk and Mark Zuckerberg, who publicly disagree on how A.I. will impact our future as humans.
And how Asia is embracing the technology to become more competitive, as opposed to being fearful of it. Virji digs into relationship-based marketing and why it is important for companies to expand their business strategy.
Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool the economy and tamp down inflation.
Stocks rallied after a group of big banks offered a lifeline to the bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles.
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
Kellogg announced last year that it was splitting into two companies, one focused on snacks and the other on cereal. Now it's revealed what those new companies will be called. The cereal business will retain the name Kellogg's, while the snack business will be called Kellanova.
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
