BUSINESS

AI Is Explaining Itself To Humans. And It's Paying Off

A 3D-printed logo of Microsoft is seen in front of a displayed LinkedIn logo in this illustration taken June 13, 2016.
Microsoft Corp's LinkedIn boosted subscription revenue by 8% after arming its sales team with artificial intelligence software that not only predicts clients at risk of canceling, but also explains how it arrived at its conclusion.
A general view of the lobby outside the Carlyle Group offices in Washington, May 3, 2012.

Carlyle Raises $4.6 Billion For Second Credit Fund

Carlyle Group Inc said on Wednesday it has raised $4.6 billion for its second credit fund that provides debt financing to companies, including family-owned businesses and private equity-backed firms.
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A climate activist displays a poster during a protest of Campax and Collective Climate Justice ahead of a UBS general shareholder meeting in Zurich, Switzerland April 6, 2022.

UBS Shareholders Back Bank's Climate Roadmap

UBS shareholders on Wednesday approved the bank's climate roadmap, after its first-ever such vote faced pushback from several investors and climate campaigners as not going far enough.
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

U.S. Dollar Little Changed Ahead Of Fed Minutes

The dollar was flat to slightly higher on Wednesday, retreating from sharp gains the previous session following hawkish comments from one of the Federal Reserve's top officials, as investors looked to the release of the U.S.
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

French Election, Russia Sanctions Keep Pressure On Euro

The euro steadied on Wednesday after falling to its lowest level in a month against a strengthening dollar as the prospect of new Western sanctions on Russia and the upcoming French presidential election added to pressure on the European currency.
Pedestrians wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are reflected on an electronic board displaying various company’s stock prices outside a brokerage in Tokyo, Japan, February 25, 2022.

Stocks Fall, Dollar Strengthens After Fed Minutes

Stock indexes fell on Wednesday and the U.S dollar surged to a nearly two-year peak, after the Federal Reserve released minutes from its last meeting that reinforced views the central bank may tighten aggressively to curb inflation.

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