Women in Business: A Conversation With Ally's Female Execs
Ally's Chief Financial Officer Jenn LaClair, President of Consumer & Commercial Banking Products Di Morais, and General Auditor Stephanie Richard join Kristen Scholer for a roundtable discussion on why women leadership and diversity in the workplace is so important.
LaClair mentions that diverse companies are more successful. If you want your company to perform, having good representation and a strong emphasis on diversity could ultimately help the bottom line.
The group also highlights how Ally cultivates and supports women as they work their way up to executive positions at the company.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
