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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty ImagesJPMorgan Chase on Tuesday posted fourth quarter results that topped expectations on better-than-expected revenue from the bank’s trading operations. Here’s what the company reported:Adjusted earnings: $5.23 a share vs. $5 consensus estimate from LSEGRevenue: $46.77 billion vs. $46.201 billion expectedBanks have enjoyed a Goldilocks-type environment for the last few quarters, with a rebound in Wall Street trading and investment banking, falling interest rates, stable consumer credit and deregulation providing…
Amazon offered a bit more insight into how it sees its AI platform competing in the real world at the Consumer Electronics Show in Las Vegas last week. Namely, Amazon plans to leverage the extensive footprint its devices already have in the home as well as consumers’ existing familiarity with its Alexa brand. “Ninety-seven percent of devices we ever shipped can support Alexa+,” noted Amazon Alexa and Echo VP Daniel Rausch in an interview at CES. He said the latest figures Amazon has on hand indicate the company has sold more than 600 million devices, and the “vast majority” will…
Ever since Ronald Reagan was president, the Environmental Protection Agency has assigned a value to human life. If you think too long about it, it’s a bit crass, but the upshot was to provide some cost-benefit analysis of pollution controls. Lowering pollution can prolong human life, so if the health benefits of reducing pollution outweighed the costs, then there was an economic argument to be made in favor of those reductions. Every administration since has assigned some value to human life when determining how to regulate air pollution. The Trump administration is planning to throw decades of accepted practice out…
by Sarah Kuta Last updated: 11:00 AM ET, Mon January 12, 2026 This wave season, Hurtigruten is introducing new monthly exclusive offers, with 50 percent off for trade only. This is in addition to its wave offerings of up to 30 percent off select sailings for clients and the return of the popular “Sell Three, Sail Free” promotion. “Our trade partners are invaluable to our business and we are always looking for innovative ways to provide them with new tools, direct advisor programs, exclusive deals and creating the most value for their clients,” says Carly Biggart, head of Hurtigruten in the…
On Monday, Anthropic announced a new tool called Cowork, designed as a more accessible version of Claude Code. Built into the Claude Desktop app, the new tool lets users designate a specific folder where Claude can read or modify files, with further instructions given through the standard chat interface. The result is similar to a sandboxed instance of Claude Code, but requires far less technical savvy to set up. Currently in research preview, Cowork is only available to Max subscribers, with a waitlist available for users on other plans. The new tool is inspired in part by the growing number…
by Brian Major Last updated: 11:20 AM ET, Mon January 12, 2026 There’s never been a better time to visit the Bahamas. The archipelago is a wonderland of pristine white-sand beaches and turquoise-blue waters blessed with an intriguing mix of culture and history. Moreover, vacationers in the destination have a number of iconic, feature-filled properties from which to select a deluxe experience. Reaching the archipelago has seldom been easier as airline links to the capital city of Nassau have expanded in recent weeks. JetBlue’s addition of a daily route from Boston to Nassau, and Delta’s increase of flights to Nassau…
Pebble’s founder, Eric Migicovsky, is doing things differently with his reboot of the Pebble smartwatch brand and an AI ring. The team is small, inventory isn’t being manufactured before it’s sold, and there’s no outside funding. Most importantly, he says, the new company, Core Devices, is “not a startup.” “We’ve structured this entire business around being a sustainable, profitable, and hopefully, long-running enterprise, but not a startup,” Migicovsky told TechCrunch on the sidelines of the Consumer Electronics Show in Las Vegas last week. Image Credits:Pebble “Startups are good for the world,” he clarified. “You need to have money in order…
by Lacey Pfalz Last updated: 11:40 AM ET, Mon January 12, 2026 Data from the National Travel and Tourism Office (NTTO) shows that the annual decrease in international visitors to the U.S. was a year-long trend, with new insight into December, 2025. U.S.-international air traffic passenger enplanements, or the number of travelers taking international flights to and from the U.S., dropped 0.1 percent in December, at 23.2 million. Non-U.S. citizen air passenger arrival dropped 2.9 percent, following the annual trend of less international visitors than last year. The total was 5.3 million international visitors. Year-to-date, total overseas visitation was down 2.5…
On the heels of OpenAI’s ChatGPT Health reveal, Anthropic announced on Sunday that it’s introducing Claude for Healthcare, a set of tools for providers, payers, and patients. Like ChatGPT Health, Claude for Healthcare will allow users to sync health data from their phones, smartwatches, and other platforms (both OpenAI and Anthropic have said that their models won’t use this data for training). But Anthropic’s product promises more sophistication than ChatGPT Health, which seems as though it will be more focused on a patient-side chat experience as it rolls out gradually. Though some industry professionals are concerned about the role of…
When Meta announced capital expenditure projections last year, the company made it known that it planned to spend big to build out capacity for its AI business. “We expect that developing leading AI infrastructure will be a core advantage in developing the best AI models and product experiences,” said Susan Li, Meta CFO, during an earnings call last summer. Now the tech giant appears to be making good on that promise. On Monday, CEO Mark Zuckerberg announced the launch of Meta Compute, a new initiative designed to bolster the tech giant’s AI infrastructure. Zuckerberg said the company intended to drastically…