Dashboard

Financial News

How should journalists govern use of AI in their products?
apnews37d ago

How should journalists govern use of AI in their products?

Journalists at the investigative outlet ProPublica have pledged to strike if negotiations for a contract don't take a turn — in what is believed would be the first such job action in the news industry where a dispute over how to deal with artificial intelligence is the chief sticking point. The episode reflects some turmoil in the industry, where many journalists are seeking assurances that they won't lose jobs because of AI. Meanwhile, advances in the technology are moving so fast there's a reluctance among news companies to make agreements they fear will be obsolete quickly. There's also a hot debate over whether to reveal AI use to readers.

#TECH
What Business Owners Don’t Say Out Loud About Selling
businessobserverfl37d ago

What Business Owners Don’t Say Out Loud About Selling

Most business owners don’t begin with the words, “I’m ready to sell.” The conversation usually starts somewhere else: retirement, health concerns, family priorities, burnout, or simply wondering what the next chapter looks like. These are heavy life events. When you’ve spent decades building a company, the decision to sell is never just financial. It’s personal.For many owners, their business represents years of sacrifice, risk, and identity. Before we ever talk about putting a company on the market, I believe it’s critical to understand what’s really driving the conversation. Owners are often wrestling with questions like: Is this the right time? Am I too early or too late? Will I receive maximum value? Will I have the financial resources to sustain retirement? What happens to my employees, my customers, and the reputation I’ve worked so hard to build?My role as a business broker is to help owners evaluate their options and make decisions they can live with long after closing.Behind the scenes, my team conducts a thorough analysis before going to market. We review financial statements and tax returns, evaluate equipment and its remaining useful life, and determine the value of any real estate involved (whether included in the sale or structured as a lease.) We assess key employees and their importance to operations, analyze market sales trends, evaluate customer concentration, review work-in-progress schedules, confirm licensing requirements, and account for inventory. Proper valuation requires disciplined preparation.On the buy side, structure matters. Is the transaction an asset sale or stock sale? How will payables and receivables be handled? What financing options are realistic? Are there family members, key employees, or competitors who could be potential buyers? What does the post-closing management transition look like?Exit planning is not a deadline... it’s a process. My job is to help business owners understand what their company is worth, what a transition could realistically look like, and whether now — or later — is the right time to move forward. If you’re considering a sale, whether immediate or years away, I welcome the opportunity to sit down and discuss your options.Loyd Robbins is a lifelong Sarasota resident with 53 years of experience in commercial real estate and business brokerage. Trusted advisor to owners navigating meaningful transitions.

#STOCKS
Bal Krishen: Building a financial legacy
khaleejtimes37d ago

Bal Krishen: Building a financial legacy

The Century Group, under Bal Krishen's leadership, is set to expand globally, bringing its client-focused financial ecosystem to new markets.

#ECONOMY
Merz says Germany, China must overcome trade gaps ‘together’
jamaicaobserver37d ago

Merz says Germany, China must overcome trade gaps ‘together’

German Chancellor Friedrich Merz ended his two-day visit to China on Thursday in the tech hub of Hangzhou, identifying “challenges that we must overcome together” after meeting President Xi Jinping and announcing an Airbus deal.Merz’s first official visit to China came as Berlin and Beijing seek to build on decades-old economic ties to weather global uncertainty sparked by US President Donald Trump’s tariff blitz and erratic foreign policies.China, the world’s number two economy, overtook the United States last year to become Germany’s biggest trade partner. At the same time, Berlin regards the Communist Party-run state as a systemic rival to the West.The German leader was accompanied in China by a large delegation of business leaders, including executives of auto giants Volkswagen, BMW and Mercedes.Merz visited a Mercedes plant in Beijing on Thursday morning, where he was shown a demonstration of self-driving vehicles.He then travelled to Hangzhou, where he visited the sites of Germany’s Siemens Energy and Chinese humanoid robot-maker Unitree.The eastern city is home to several other major Chinese tech companies like AI unicorn DeepSeek and e-commerce giant Alibaba.European business leaders, who broadly complain China is flooding the EU market with cheap goods, have urged Merz to keep a cavernous trade imbalance at the top of his agenda.Germany’s trade deficit with China hit a record 89 billion euros ($105 billion) last year.“We have good cooperation in China. However, there are also some challenges that we must overcome together,” Merz said Thursday, singling out “issues relating to competition” and “high capacity in China”.Merz said consultations between his government and Beijing — interrupted by political developments in Berlin and the pandemic -- would take place “at the beginning of next year at the latest, possibly even this year”, with China as host.‘New levels’Following talks with Xi and top Chinese leaders in the capital on Wednesday, Merz said that China had agreed to purchase up to 120 Airbus aircraft, adding that it “demonstrates how worthwhile such trips can be”.Other contracts were in the pipeline, Merz added.The two leaders stressed their commitment to developing closer strategic relations, with Xi telling Merz he was willing to take relations to “new levels”.Merz said he had also touched on the sensitive topic of Taiwan, the self-ruled island China claims as its territory and which it has not ruled out the use of force to annex.Any “reunification” must be done peacefully, Merz said.He also discussed the Ukraine war with Xi, who, according to Chinese state news agency Xinhua, said diplomacy was “key to the issue”.Merz said he urged Beijing to use its influence over Moscow, such as choking off the supply of items with potential military uses.“I hope that in my talks I was able to foster a little understanding for the fact that the leadership of this country should also contribute to ending the war in Ukraine,” Merz told reporters on Thursday before departing for Berlin.Merz was the latest in a string of Western leaders to court Beijing recently.He follows Britain’s Keir Starmer, France’s Emmanuel Macron and Canada’s Mark Carney, as they recoil from the mercurial policies of Trump, who is also expected to visit from March 31.

#ECONOMY