Author: Meghan Ory

I'm a Chicago-based Assistant Managing Editor with a focus on the world's richest people. I oversee coverage of the world's billionaires and the richest self made women in the U.S.

Entrepreneurship can be a daunting task that not everyone is suited for. It presents one of the greatest challenges you may ever face. It’s akin to attempting to lift a bowling ball with one hand that’s been dropped inside a cement mixer, which has gained tremendous momentum after being dropped off the Empire State Building. To help you overcome the daily challenges associated with entrepreneurship and achieve success, here are nine useful hacks to consider. 1. Don’t go for perfection Entrepreneurs are faced with numerous decisions, and it’s common to feel the pressure of making the perfect one. However, striving…

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Goldman Sachs, one of the leading investment banks in the world, has been exploring the possibility of training its own artificial intelligence (AI) chatbot, which could potentially revolutionize the way the company interacts with clients. According to an exclusive interview with Goldman Sachs CIO Marco Argenti, the company is exploring the idea of building a chatbot named “ChatGS” that could help automate client interactions and enhance the bank’s customer service capabilities. The potential benefits of a chatbot like ChatGS are numerous. For one, it could significantly reduce the time and resources required to manage client inquiries, freeing up valuable time…

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AI

The field of Artificial Intelligence is constantly evolving with new applications being developed for machine learning and data analysis. Researchers at the Sardar Vallabhbhai National Institute of Technology in Surat have developed an innovative use for AI by analyzing voice patterns to detect individuals with a cold. As reported by The Economist, the researchers analyzed the voice patterns of 630 people, out of which 111 were found to be suffering from a cold. The aim was to detect individuals with a cold in real-time by analyzing their speech patterns. Innovative AI Application The Sardar Vallabhbhai National Institute of Technology in…

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According to a recent report, small retailers have closed down 40,000 stores over the past decade, while chains have added 17,000 stores over the same period. The report suggests that this trend is likely to continue as major players in the dollar, discount, home improvement, and mass channels continue to grow their store counts. Additionally, digital natives with brands like Warby Parker and Vuori are also expected to increase their store counts. UBS, the financial services firm, predicts that somewhere between 40,000 and 50,000 stores will close in the U.S. by 2028, down from its previous forecast of 80,000 locations.…

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France’s aerospace industry is facing the possibility of program cuts despite an increase in government funding. This news has caused concern among industry leaders and workers, who fear the impact on jobs and the country’s position as a leading aerospace innovator. The French government recently announced a €1.5 billion ($1.8 billion) increase in funding for aerospace and defense programs. However, it has also revealed plans to review its military procurement programs, which could lead to cuts in several key projects, including the development of next-generation fighter jets and a new air-to-air missile system. The potential cuts have raised alarm bells…

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The Mexican mutual funds market, also known as OFIs, has been steadily growing over the past few years. According to a recent league table report, assets gathered by cross-border fund managers and ETF sponsors in the Mexican OFI market reached new heights as of March 31, 2023. The report provides a comprehensive overview of the companies that have been successful in accumulating assets in the Mexican OFI market. The league table report shows that iShares, JPMorgan, and Vanguard are the top three companies in terms of assets gathered in the Mexican OFI market. iShares leads the way with a total…

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Inligo Networks has appointed Chockalingam (Chock) as the new member of their Executive Team. He comes with vast regional telecoms experience and has worked as a finance director for Telstra International’s Asian operations for over 15 years. During his tenure at Telstra, Chock was responsible for the financial management of Telstra’s regional subsea cable and cable land station assets, as well as regulatory compliance across the operating region. Brian Evans, executive Chairman at Inligo Networks, said that Chock’s appointment would complete the current Executive Team, providing significant financial knowledge and experience as the company moves into the construction phase of…

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The UK is set to enjoy an extra Bank Holiday on Monday, May 8th thanks to the Coronation of King Charles III and Queen Camilla on Saturday, May 6th. The upcoming long weekend has been eagerly anticipated and is expected to draw much celebration from citizens. There are plans for grand celebrations for the coronation, including street parties, picnics, and BBQs, featuring classic foods such as posh sandwiches, sausage rolls, trifles, and alcoholic beverages. To make the perfect coronation feast, British grocery stores are offering celebratory food and drink options, including Best of British products packaged in Union Jack wrapping.…

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Warren Buffett, the billionaire investor, has recently visited Japan for the first time in more than a decade and is focused on his increasing investments in the country. In August 2020, Buffett’s conglomerate Berkshire Hathaway announced that it had acquired slightly over 5% of each of Japan’s top five trading houses, which are Marubeni, Sumitomo Corp., Itochu, Mitsubishi Corp., and Mitsui & Co. According to a  Reuters, by November 2022, Berkshire Hathaway had increased its stake in these businesses by around 1% each, with the house now owning 6.59% of Mitsubishi Corp., 6.62% of Mitsui & Co. Ltd., 6.21% of…

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Greenville: Stella’s Southern Brasserie is a restaurant open from Wednesday to Sunday, offering a diverse range of food and drinks with a combination of French/European and Southern cuisine. The restaurant provides a coffee program, pastries, weekend brunch, lunch, and dinner. Stella’s Southern Brasserie has various seating options, including outdoor seating, a community table, a bar, and dining rooms. Up on the Roof is located in downtown Greenville and offers a selection of cocktails, craft beer, wine, and a locally-inspired menu. The restaurant provides indoor and outdoor seating options and has a second location in Alpharetta, Georgia. Passerelle Bistro is situated…

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