Goldman shareholders OK hefty pay packages for David Solomon, other top execs despite opposition
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Goldman shareholders OK hefty pay packages for David Solomon, other top execs despite opposition

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Goldman Sachs shareholders voted to approve pay packages, including hefty retention bonuses, for top executives CEO David Solomon and president John Waldron. They also voted in favor of other management proposals including the election of the firm’s board of directors, according to a preliminary…

London faces plunging home prices as remote work continues
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London faces plunging home prices as remote work continues

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The City of London is grappling with a dramatic slump in property values, leaving investors and homeowners questioning the future of this once-thriving residential hotspot. After years of steady growth, with property prices climbing 40.5% between 2013 and 2022, the City, located in…

Meta Says its Llama AI Models Being Used by Banks, Tech Companies

Meta Says its Llama AI Models Being Used by Banks, Tech Companies

ByNews Polite

Meta’s Llama Artificial Intelligence (AI) models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and computer code generation, the social media giant said in a statement on Thursday. The mostly free-of-charge Llama models have been downloaded almost 350 million times…

Goldman Sachs economists raise ‘limited’ risk of US recession to 25% chance: report
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Goldman Sachs economists raise ‘limited’ risk of US recession to 25% chance: report

ByNews Polite

Economists at Goldman Sachs raised the likelihood of the US economy slipping into a recession within the next 12 months from 15% to 25% while continuing to view the risk of recession as limited, according to a report. Goldman economists led by Jan Hatzius, the firm’s chief economist and head of global…