Sectors
New York Is the World's Richest City, With Its Millionaires and Billionaires' Wealth Greater Than GDPs of Brazil, Canada, Italy
A new survey shows that New York City is home to 349,500 millionaires and 60 billionaires, making it the wealthiest city in the world.
Amgen Challenges Novo Nordisk, Eli Lilly in Weight Loss Drug Market as Investors Flock for Next Obesity Drug Payout
Amgen witnessed an impressive 12% surge in its shares on Friday, marking its most substantial single-day increase in nearly 15 years.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.
Microsoft Launches New Offline AI Service for US Spies
Microsoft created an offline generative AI model for US intelligence that uses GPT-4 securely. Microsoft Corp. has launched a generative AI model that is completely separate from the internet, claiming that US spy agencies may now safely use the sophisticated technology to examine sensitive information.