Author: arthursheikin@gmail.com

[ad_1] After months of corporate courtship and NDA-flavored flirtation, LexisNexis and legal startup Harvey are finally putting a label on it: they’ve launched a “strategic alliance.”The partnership lets Harvey users who also subscribe to LexisNexis access its deep trove of legal content and citations directly within Harvey’s app — a hookup that strengthens Harvey’s claim as the go-to provider of legal software. The integration launches later this year.Harvey’s software assists lawyers with legal drafting and review. However, its product had a gaping hole. It provided users with access to public case law databases but not LexisNexis or Westlaw, which control…

[ad_1] RBC Capital Markets moved to the sidelines on Sunrun after a major decline in the stock. Analyst Christopher Dendrinos downgraded the solar stock to sector perform from outperform. Dendrinos also slashed his price target by $7 to $5, which suggests downside of 13.5% from Tuesday’s close. RBC’s downgrade comes after solar stocks cratered Tuesday as investors grappled with how the U.S. Senate’s reconciliation bill would impact companies in the sector. Sunrun plunged about 40% in the session, marking its biggest one-day loss on record. Dendrinos said the Senate’s bill keeps language around the proposed elimination of tax credits for…

[ad_1] Artificial intelligence’s impact is so big that even the people building it aren’t safe.Amazon CEO Andy Jassy said AI will change the tech giant’s workflow and generate “efficiency gains” that will ultimately “reduce our total corporate workforce.”Put more bluntly: AI means we’ll need less of you to keep things running.The message wasn’t well received by many Amazon employees, BI’s Eugene Kim reports. “There is nothing more motivating on a Tuesday than reading that your job will be replaced by AI in a few years,” one person wrote in an internal Slack channel viewed by Eugene.Tech executives haven’t been shy…

[ad_1] Guggenheim sees more room for Oracle to run. Analyst John DiFucci hiked his price target on the software stock by $30 to $250, which reflects 20.1% upside over Tuesday’s closing level. That $250 target marks a new high on Wall Street, according to LSEG. DiFucci reiterated his buy rating and said the firm continues to view the stock as a best idea. “We believe ORCL is on the precipice of a narrative shift that has been decades of technology innovation in the making,” DiFucci wrote to clients in a Tuesday note. “While the timing of bookings and capacity coming…

[ad_1] CNN  —  A bill to raise the federal minimum wage to $15 an hour from $7.25 is back – but you might be surprised at who’s leading the charge: Republican Senator Josh Hawley of Missouri. Shifts in state and local minimum wages, however, as well as the broader economy, show how Hawley’s involvement makes sense, both for his home state and for the country. And experts say having a conservative advocate sponsoring the bill could help the chances of finally getting a federal wage hike for the first time in 16 years. “Given the fact that it’s a Republican…

[ad_1] A version of this story appeared in the CNN Business Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN  —  Every few weeks, the Earth cries out for an artificial intelligence scare on a frequency heard only by tech CEOs. And lo, like a rain cloud over a parched valley, here comes Amazon boss Andy Jassy to shower us with fresh fear and dread. In a memo sent to employees titled “Some thoughts on Generative AI,” Jassy spent 1,200 words largely rattling off examples of Amazon’s AI progress. It is making Alexa,…

[ad_1] This as-told-to essay is based on a conversation with Sacha Warren from Surrey, England. Warren’s financials have been verified by Business Insider. It has been edited for length and clarity.I bought my house in Epsom, a town outside London, in 2001. It has a huge garden, and I knew I’d never leave.I was lucky to get on the property ladder. My dad gave me the deposit for a one-bedroom apartment in 1997. UK property prices surged around that time, so when I sold it, I got a healthy deposit for this house.In 2005, a developer approached me about buying…

[ad_1] 2025-06-18T09:45:01Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Lowe’s CEO Marvin Ellison says corporate jobs are more at risk from AI than front-line work. The home improvement exec said there is unmet demand for skilled trades and customer-facing jobs. “AI isn’t going to fix a hole in your roof,” he said at a Business Roundtable forum in DC. Artificial…

[ad_1] A career in private equity often conjures up images of high-stakes dealmaking, billion-dollar buyouts, and sharply dressed financiers turning companies around. According to Steve Schwarzman, the billionaire cofounder of Blackstone, it also means embracing change.In a June 4 talk with the firm’s 170-plus interns, the firm’s CEO and chairman suggested its summer trainees learn to go with the flow if they really want to make it in the fast-changing world of Wall Street.It’s an industry where “nothing ever stays the same,” Schwarzman said, according to a Blackstone spokesperson. “So if you have a mind and a curiosity that fits…

[ad_1] New York CNN  —  Celebrities have long put their names on everything from shoes to cosmetics to snacks. Now, they’re attaching their brand to mobile phone networks. Trump Mobile, announced on Monday, is the latest cellular service pegged to a high-profile figure, joining the likes of wireless services from actors such as Jason Bateman and Ryan Reynolds. Major carriers are no longer the only ones cashing in on the airwaves that power the devices in our pockets. Comedians, sports teams and retailers have launched their own mobile networks as the technology has become more accessible to companies outside the…