Amazon Web Services CEO doubles down on RTO mandate saying it’s far better for ‘innovation’ and ‘speed of execution’
AWS CEO Matt Garman said teams are more innovative when they work in person. Amazon Web Services CEO Matt Garman reiterated on Monday night why the recently announced return-to-office mandate is right for the company. At The Wall Street Journal’s Tech Live event on Monday evening, Garman addressed the policy change, saying that “innovation” and…
‘Room to go’: A rally-calling professional trader shares why the S&P 500 will rocket to 6,500 by Memorial Day — and 6 investments set to soar
Swing trader John Salama has been hyper-bullish — almost to the point of hyperbole. Just over a year ago, Salama predicted that the S&P 500 would rebound and rally into year-end. He then called for continued strength in early 2024 and said a few months later that the S&P 500 would climb to 6,000 before…
Market-making giant Citadel Securities is rebuilding the tech that powers its trades as it eyes growth
Citadel Securities’ chief operating officer of technology, Jeff Maurone, and its chief technology officer, Josh Woods. In 2023, Citadel Securities’ chief operating officer of technology, Jeff Maurone, met with senior leaders to discuss the year’s technology priorities. But what started as a standard strategy meeting resulted in a yearslong reevaluation and rebuild across the market…
These subtle mistakes are dead giveaways that an applicant used AI to write their job application, according to this CEO
Khyati Sundaram says there are subtle signs that an applicant used AI to write their résumé or test answers. This as-told-to essay is based on a conversation with Khyati Sundaram, a 39-year-old CEO of Applied based in London. It’s been edited for length and clarity. I’m the CEO of Applied, a recruitment platform that currently…
Stock market today: Indexes slide and yields rise as rate-cut outlook dims
US stocks headed for their second losing session in a row, with major indexes slumping Tuesday morning amid a rise in bond yields.Investors were put off by a steep jump in the US 10-year Treasury yield, which surged 11 basis points on Monday. The key bond yield jumped above 4.2% for the first time since…
Exclusive: AI startup Attention just raised $14 million to bring its natural language processing tech to sales calls
Attention co-founders Anis Bennaceur (left, CEO) and Matthias Wickenburg (right, CTO) New York-based AI startup Attention, which uses natural language processing to fill out customer relationship management (CRM) programs and generate action items from sales calls, just raised a fresh round of funding. The startup told B-17 that it had secured a $14 million Series…
Billionaire Marc Lasry claims in a new lawsuit that a former employee is trying to extort him for $50 million. Here are the most eye-catching excerpts.
Billionaire Marc Lasry runs Avenue Capital. Billionaire Avenue Capital founder Marc Lasry typically spends this part of the year focused on his firm’s annual investor conference, which will be held Thursday. But this year, Lasry’s attention has been partially consumed by a long-simmering dispute between his firm and a former employee, which has become public…
I’m a former divorce attorney. Here are 5 subtle red flags I learned to look out for in relationships.
The author (not pictured) shares the red flags she saw in relationships as a divorce lawyer. As a child of divorce, I found myself approaching every case I had as a divorce lawyer, like an amateur forensic psychologist. I wanted to know what led to this split and if there were signs beforehand that things…
How investors should navigate the S&P 500 likely trailing bonds and inflation for the next decade, according to Goldman Sachs
The S&P 500’s bullish run over the past year, with an over 38% return, may come at the expense of its future performance, according to Goldman Sachs. An October 18 note, led by David Kostin, forecasts muted gains for the foreseeable future. The index could post an annual return of only 3% over the next…