POSCO to Create Own ChatGPT AI Tool Alternative for Internal Use

May 29, 2023 07:46 am UTC| Business Technology Economy

POSCO Group, a leading steel manufacturer based in South Korea, revealed it will create its own AI tool thatll replace OpenAIs ChatGPT in the company. With this move, the company just joined LG Electronics and Samsung...

Mid-Flight Incident Leads Asiana Airlines to Suspend Sale of Emergency Exit Seats

May 29, 2023 06:34 am UTC| Business Economy

Asiana Airlines made the decision to suspend the selling of tickets for seats near the aircrafts emergency exit doors. This comes after a passenger suddenly unlocked the hatch while the plane was in mid-air. As per The...

JP Morgan Chase Reportedly Set to Begin Layoffs This Week, Affecting Close to 500 Employees

May 29, 2023 06:27 am UTC| Business Economy

JPMorgan Chase Co., the U.S. banking titan, is poised to reduce its workforce by approximately 500 employees, impacting several business sectors across the firm. This sweeping move isnt indiscriminate, however; tech and...

UK bonds are in meltdown again – what does that mean for pensions?

May 29, 2023 05:10 am UTC| Economy

UK government debt prices have taken an unnerving journey south in the past few days. The closely watched ten-year bond has now hit a yield of 4.3%, taking it within a fraction of the level that caused a crisis in autumn...

How smaller cities can integrate newcomers into their labour markets

May 29, 2023 04:44 am UTC| Insights & Views Economy Business

In 2022, Canadas population grew by a million people. Nearly all this growth a whopping 96 per cent came from immigration. Thats one million new people who need housing, education, health care and employment. The last...

Debt ceiling negotiators reach a deal: 5 essential reads about the tentative accord, brinkmanship and the danger of default

May 29, 2023 04:24 am UTC| Insights & Views Economy

President Joe Biden and House Speaker Kevin McCarthy on May 27, 2023, agreed in principle to a tentative deal that would raise the debt ceiling while capping some federal spending at current levels. The accord, if...

Why taxing the world's biggest companies at 15% won't fix the gaping hole in global tax rules

May 29, 2023 04:21 am UTC| Business Economy

Australias federal government has a plan to discourage companies from shifting profits to tax havens. The idea is to impose a global minimum tax on large Australian and foreign-owned companies with subsidiaries in low or...