Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A passenger jet and a military helicopter collided near Reagan National Airport outside Washington late on Wednesday, the US Federal Aviation Administration said.The regional flight, operated by PSA Airlines for American Airlines, had originated in Wichita, Kansas. The Bombardier CRJ700 and a US Army Sikorsky H-60 Black Hawk helicopter collided as the jet approached the airport around 9pm.Washington’s Metropolitan Police Department said on X that “a multi-agency search and rescue operation is under way” in the Potomac river, as first responders searched…

By Chris Taylor, Next Avenue Katerina Stroponiati has a thought exercise for you: Go out on the street and ask any random person about the age of most successful tech company founders. “They will probably tell you 30 or less,” says Stroponiati, a New York City-based venture capitalist and founder of the investing firm Brilliant Minds. “But that is not reality.” The data backs her up. The true average age of successful company founders? More like 45. Profiting From Others’ Oversights That is according to a study led by MIT professor Pierre Azoulay, which found that the traditional founder stereotype…

Axos Financial, Inc. (NYSE:AX) Q2 2025 Earnings Conference Call January 28, 2024 5:00 PM ET Company Participants Johnny Lai – Senior VP, Corporate Development and IRGregory Garrabrants – President and CEODerrick Walsh – EVP and CFO Conference Call Participants Kyle Peterson – Needham & CompanyGary Tenner – D. A. DavidsonDavid Feaster – Raymond JamesAndrew Liesch – Piper SandlerKelly Motta – KBW Operator Good morning, sorry, good afternoon, and welcome to the Axos Financial Second Quarter 2025 Earnings Call and Webcast At this time, all participants are in a listen only mode. A question-and-answer session will follow the formal presentation. [Operator…

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.The San-Francisco-based ChatGPT maker told the Financial Times it had seen some evidence of “distillation”, a technique used by developers to obtain better performance on smaller models by using outputs from larger, more capable models. This allows them to achieve similar results on specific tasks at a much lower…

Late Monday night on January 27, President Trump neutralized the National Labor Relations Board, which is an independent federal agency designed to function without direct political interference. The law explicitly states the President of the United States cannot fire a sitting Board Member without cause, due process, and a hearing. She did not get a hearing. But the salient impact is that without Member Wilcox, the Board won’t have a quorum and can’t issue decisions to settle disputes of unfair labor practices and other actions that promote the collective bargaining process and labor rights and union functioning. Trump rendered the…

Following the announcement of a temporary freeze on federal assistance, ordered by the Trump administration’s Office of Management and Budget (OMB), Americans may be wondering if the freeze will impact them. In a dramatic ruling just minutes before the freeze was set to take effect on Tuesday, a federal judge paused the federal funding freeze. U.S. District Judge Loren AliKhan for the District of Columbia, appointed by former President Joe Biden, imposed an administrative stay on Tuesday afternoon.AliKhan ordered the pause on disbursements be stayed until Feb. 3 at 5 p.m. Before that ruling, in her first official press briefing…

This article was written byFollowHello, my name is Bank Stock Insights. My journey in the finance world began with a degree in Finance and Economics. This academic grounding lead me into the Australian Banking industry, where I have accumulated over five years of hands-on experience. This tenure in banking has not only enriched my understanding of financial institutions but also sharpened my analytical skills, particularly in assessing bank stocks. Alongside my professional career, I have been an active investor for more than half a decade, focusing primarily on equity markets. My investing approach is grounded in the pursuit of safe,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Japanese markets extended their slide on Tuesday as the heavy sell-off in technology stocks headed into a second day, driven in part by the overnight plunge in chipmaker Nvidia’s shares.Nvidia lost $589bn of market value on Monday in a historic fall, as Wall Street and in Silicon Valley panicked over a perceived threat from Chinese start-up DeepSeek to the continued dominance of the US in AI and the need to invest hundreds of billions of dollars in underlying infrastructure.Japan’s tech-heavy Nikkei 225…

The power dynamic in families can be highly problematic as a parent ages. Often, one adult child has authority over decisions about the aging parent. Things can go wrong when that power is misused. When siblings disagree over the actions one sibling takes, things can escalate quickly. When the aging parent legally appointed one person to be the agent under a healthcare directive as well as the agent holding power over finances that person has total legal authority, with those legal documents in place. Both of these appointments, if properly done, can leave other family members feeling shut out. They…

This article was written byFollowCompounding Chef combines a business education background with professional experience in a variety of industries to find opportunities across the investing universe including… Media, Marketing, and Public Relations Travel, Tourism, Hospitality, Corporate Events, and Software as a Service. I have been managing the growth of personal and family assets for 15 years with the goal of building wealth that compounds for multiple generations. While I occasionally find short term opportunities in undervalued assets or special situations, I make an investment with the intent to buy and hold for 10 years or longer. I believe in the…