JPMorgan CEO Jamie Dimon is fed up with managers who enable bureaucracy, which he considers a silent killer for organizations that brings with it a host of other problems. “Bureaucracy, complacency, and arrogance will take down a company,” he said…
Alphabet, Meta Platforms, and Microsoft just broke the news to investors that they’ll be spending billions more on the AI race. But only some investors saw red in response. Meta’s stock dropped more than 6% after hours, while Microsoft was…
Ever since Google was founded in 1998, search has been the core of the company’s identity. For much of that time, search has also been the engine (no pun intended) driving Google’s business. On Wednesday, that began to change. The…
Meta Platforms is splashing some serious cash on AI infrastructure, and investors have flinched. The company reported first quarter 2026 earnings results on Wednesday and raised its full-year 2026 capital expenditure guidance to $125 billion to $145 billion, up from…
For more than 50 years, OneUnited Bank has operated on the belief that financial empowerment in Black communities requires more than products and services—it requires confronting the systems that keep wealth out of reach. Now, the nation’s largest Black-owned bank…
Making his first appearance before Congress since the Trump administration went to war in Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats Wednesday over a costly conflict being waged without congressional approval. The war has cost $25…
The Supreme Court on Wednesday wrestled with the Trump administration’s push to end legal protections for migrants fleeing war and natural disaster, hearing arguments that offer the latest test of how the justices will assess the legality of the president’s…
The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects. Democrats in Congress are investigating. The Republican administration adopted this strategy after federal courts thwarted President Donald Trump’s efforts to stop offshore wind development…
Federal Reserve Chair Jerome Powell announced Wednesday he will remain on the Fed’s Board of Governors after his term as chair ends May 15, citing what he called “unprecedented” legal attacks on the central bank’s independence by the Trump administration.…
Lori Beer, the global chief information officer at JPMorgan Chase & Co., has a long checklist of questions as she navigates the proliferation of AI agents working alongside the banking giant’s sprawling workforce of 319,000. AI agents, Beer says, will…