BUSINESS

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Artificial Intelligence Startup Anthropic Launches a Chatbot for Businesses
Anthropic's new enterprise technology push could bring it into competition with its backers Google and Amazon, who also want to capture business spending on AI. The San Francisco-based firm released a family of artificial intelligence models called Claude 3 that it says outperforms those from rivals such as OpenAI and Google.
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Read more at The Indian Express
Impact Investing - Are We At The Inflection Point?
In the world of investment, the term ‘inflection point’ signifies a pivotal moment when a significant change occurs, potentially leading to a period of dramatic growth. There are three key reasons why this is the case, and why we need to fundamentally challenge the notion of how investments are evaluated. Profitability and competitiveness First, impact investments continue to be perceived as yielding lower returns compared to traditional investments.
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Read more at Eco-Business
Jobs_That_Makesense Asia Launches in Southeast Asia
Makesense Asia has officially debuted its inaugural tech product, Jobs_that_makesense. This is poised to revolutionize the landscape of impact-driven careers across the region. Established in 2015 in Manila, makesense Asian has been a leading force in supporting social entrepreneurship initiatives such as Sinaya Cup, Carego, and Uproots.
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Read more at adobo Magazine
Small Business Week - Chicago Pet Sitters, Windy City Wedding Dance, Rogers Park Provisions and Play Top Local Businesses
Chicago Pet Sitters, Windy City Wedding Dance, Rogers Park Provisions and Play were all named to Yelp's "Top 100 Local Businesses List. All four companies rank highly among users. The studio was established in 2013, and has since grown to include four locations.
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Read more at NBC Chicago
What Does the Economy Mean for the Barge Industry?
Kai Ryssdal is CEO of Golding Barge Line, a family-run business in Vicksburg, Mississippi. Golding: We’ve seen a lot of stabilization in our volumes and demand. We have had low water, which we dealt with, and we persevered, and this year has been pretty consistent, predictable and profitable.
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Read more at Marketplace
Friends of Animal Charities in Paraparaumu Beach
Friends of Animal Charities in Maclean St has celebrated 10 years in business. The shop has given more than $500,000 to 61 charities across New Zealand who work to help animals. There’s been no time for celebration as the focus is always on the next sale.
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Read more at New Zealand Herald
Unemployment Rate Rises to 4.3 Percent
The official unemployment rate rose to 4.3 percent on Wednesday. economists predicted it would reach 5 percent by the end of the year. The number of businesses they'd had calls from for help with restructuring and making people redundant had doubled year-on-year in April.
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Read more at RNZ
The Fed’s May 1 Policy Meeting - Is the Fed Going to Taper?
The Federal Reserve held interest rates steady at its May 1, 2024 policy meeting. It’s plausible — though at the moment unlikely — that the Fed will consider ratcheting up rates another 25 basis points or so in the coming months. Employment is still pretty strong, with the U.S. adding 303,000 jobs in March 2024.
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Read more at The Conversation
Business Whanganui and NZME Sign Strategic Alliance
Business Whanganui and NZME have signed a strategic alliance to partner and collaborate in an agreement that will benefit members. “NZME is where people come together to find news and entertainment and we believe this partnership will add value to the local business community,” said Helen Garner. To become a member, please visit www.businesswhanghanui.nz.
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Read more at New Zealand Herald
New Zealand Retailers, Manufacturers and Employers Struggling to Keep Going
Sentiment was not helped by the Reserve Bank's latest financial stability report warning that persistent inflation pressures could mean global interest rates stay higher for longer. Employers and Manufacturers head of advocacy Alan McDonald said high interest rates were the biggest drag on industries' outlook along with persistent domestic inflation.
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Read more at RNZ