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Microsoft Corp. launched a premium Teams messaging service on Wednesday, powered by ChatGPT, to streamline meetings using the AI chatbot that has been sweeping Silicon Valley.
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Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc slashed prices globally on its electric vehicles by as much as 20%.
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As it battled a decline in dealmaking, a decline in asset and wealth management revenue, and incurred losses at its consumer division, Goldman Sachs Group Inc. on Tuesday announced a larger-than-expected 69% drop in fourth-quarter earnings.
Anu Aiyengar of JPMorgan Chase & Co. will take over as the only global head of mergers and acquisitions, making her the first woman to hold that position at a significant Wall Street bank.
Several banks that provided Elon Musk with $13 billion in loans to purchase Twitter are getting ready to record losses on those loans this quarter.
The Bank for International Settlements (BIS) reported that pension funds and other "non-bank" financial institutions have hidden, off-balance sheet dollar debt in FX swaps totaling more than $80 trillion.
Asian shares extended their rally on Monday.
