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Standardization of sustainability reporting improves, but obstacles remain
An updated annual report describes global sustainability reporting as “transitioning from a fragmented landscape toward one that is increasingly structured, standardized, and integrated.” However, the report notes that the transition “may continue to be challenged by shifting geopolitical and regulatory sentiment within some of the world’s largest economies.” The report from the International Federation of…
What We Know About Darline Graham’s Political Views
Topline Sen. Darline Graham Nordone, R-S.C., the younger sister of the late Sen. Lindsey Graham, R-S.C., announced Monday she is running to permanently replace her brother, after she was appointed to fill the remainder of his term following his sudden death earlier this month, though little is known about her politics. Sen. Darline Graham Nordone,…
1 in 4 companies delay or cancel an AI project over cost
Dive Brief: Artificial intelligence spending is becoming increasingly difficult for companies to forecast and manage, with unexpected costs forcing some organizations to delay, freeze or abandon initiatives, AI cost management firm Mavvrik found in a recent report. Sixty-two percent of organizations surveyed said an unexpected AI cost materially altered a business decision over the past…
FC Barcelona Is ‘Furious’ With Frenkie De Jong
FC Barcelona is reportedly angry with its midfielder Frenkie de Jong, who refuses to undergo surgery while showing no signs of improvement some six weeks after becoming injured. Getty Images FC Barcelona is angry with Frenkie de Jong according to SPORT, citing anonymous sources, with the midfielder refusing to undergo surgery while showing no signs…
AI concerns weigh on Thoma Bravo-backed Proofpoint’s $5bn debt refinancing
Thoma Bravo has faced a tougher-than-expected refinancing process for cybersecurity company Proofpoint, as lenders demand higher returns and stronger protections amid growing concerns over the impact of artificial intelligence on the software sector, according to a report by Financial Times. Proofpoint, which the private equity firm acquired for more than $12bn in 2021, has been…
Jim Cramer says concerns about AI market froth are overblown. Here’s why
CNBC’s Jim Cramer said Tuesday that today’s stock market is nowhere near the kind of bubble that preceded the dot-com crash. While companies such as SpaceX may fuel perceptions of excess, Cramer argued they are exceptions to the rule, rather than representative of the broader market. “There are always outliers,” the “Mad Money” host said….