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Eaton names AD Naik as senior vice president of FP&A and finance transformation Intelligent power management company Eaton (NYSE:ETN) today announced that AD Naik has been appointed senior vice president of FP&A and financial transformation, effective October 23, 2024. In this role, Naik will be responsible for leading the company’s global financial planning and analysis. He will be responsible for (FP&A) and finance transformation strategy and will report to Olivier Leonetti, executive vice president and chief financial officer, and will join the company’s senior leadership team. This press release features multimedia. Read the full release here: https://www.businesswire.com/news/home/20241018877215/en/ AD Naik, Senior…
Driving a generative and deterministic AI platform across all stages of software developmentSANTA CLARA, Calif. and PUNE, India , Oct. 18, 2024 /PRNewswire/ — Persistent Systems (BSE: 533179) and (NSE: PERSISTENT), global pioneers in digital engineering and enterprise modernization, today announced , announced the launch of SASVA. 2.0 is the latest version of our flagship AI-powered platform that revolutionizes software engineering with generative and deterministic AI. Designed to drive productivity gains throughout the development process, this innovative platform extends its capabilities beyond the traditional software development lifecycle (SDLC). From ideation to post-deployment, we provide fully integrated, end-to-end solutions for companies…
The Small Business Administration has removed the $5 million per borrower cap from the popular 7(a) loan guarantee program. But to take advantage of change, you need to diversify. Brandon Kochkodin, Forbes Staff The golden ticket to acquiring a small business has always been a Small Business Administration 7(a) loan. But thanks to a recent and overlooked rule change, the system is getting even better, giving ambitious entrepreneurs the chance to build a diverse conglomerate of small businesses: their own baby, Berkshire Hathaways. was given. The 7(a) program was established in 1953 under the same law that created the Small…
Myth: Immigration increases crime rates One of the most persistent political arguments raised by immigration opponents is that immigrants bring crime to the United States. “When Mexico sends its people, they’re not sending their best efforts,” former President Donald Trump famously said during his 2016 campaign. “Has anyone seen the movie ‘Gangs of New York’?” asked Republican Vice Presidential candidate J.D. Vance at a meeting with the Milwaukee Police Association in August. “We know that the creation of large ethnic enclaves like this in our country can, in some cases, lead to increased crime rates.” In fact, the opposite is…
Tokyo’s consumer inflation rate is expected to fall below the Bank of Japan’s 2% target in October, the first time in five months that it will deviate from the target, according to a recent survey. Tokyo’s core consumer price index (CPI) is expected to rise 1.7% year-on-year, based on the average forecast of 18 economists. This forecast follows a 2.0% increase in September and is down from a 1.9% increase in May. “The rate of increase in food prices is slowing, and the pace of recovery in personal consumption is slow despite significant wage growth,” said Takeshi Nambu, chief economist…
Tech giant Meta has announced a partnership with horror film production company Blumhouse to road test its latest AI video tools.The program, known as Movie Gen, was announced earlier this month, but Mehta said it’s still in development and won’t be added to the generally available product until next year.Meta announced Thursday that it has been working with filmmakers from Blumhouse, known for its franchises such as “Paranormal Activity,” “The Purge,” and “Insidious,” to refine and improve its tools.Oscar winner Casey Affleck, who was also granted early access to Movie Gen, praised it in a promotional video, calling it “more…
Meta’s recent job cuts are a sign that some employers are willing to make repeated cuts. This is a change from the previous idea of “significant reductions in personnel”. However, continued job cuts hurt morale and are not a solid long-term strategy, labor experts told BI. . Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app By clicking “Sign Up”, you agree to our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our settings page or by clicking “unsubscribe” at the bottom of the email.…
The event “Social Economy and the EU 2024-2029 Goals” was organized by MEP of the European Popular Group Maravilas Abadia, in collaboration with Social Economy Europe, and by Idoia Mendia and Irene Tinaguri of the European Socialist Party. It was planned with the attendance of The Group and the European Commission’s Directorate-General for Business Development and Employment demonstrated their commitment to the revitalization of the social economy and the Social Economy Intergroup. Juan Antonio Pedreño, president of SEE and Cepes, described the “defining” moment this business model is experiencing: To achieve this, we must all work together. Institutions and socio-economics.…
The explosion threw the top of the tank more than 50 meters from the scene. (Nafaroa Firefighter) Another 56-year-old employee has lost his life at his workplace in Navarroa. During this incident, a tank exploded at an alcohol factory in Rizara, resulting in death. Members of the Rizara and Irunya municipal police, the Nafaroa fire station, two ambulances and the town’s municipal police attended the scene. The incident occurred around 10:49 a.m., when one of the agricultural waste tanks being cleaned at Agraco’s treatment facility exploded for unknown reasons. However, according to data collected by the LAB union, workers were…
Rachel Feltman: It’s pretty safe to say that most of us have artificial intelligence on the brain these days. After all, research related to artificial intelligence showed up in not one but two Nobel Prize category awards this year. But while there are reasons to be excited about these technological advances, there are plenty of reasons to be concerned, too—especially given the fact that while the proliferation of AI feels like it’s going at breakneck speed, attempts to regulate the tech seem to be moving at a snail’s pace. With policies now seriously overdue, the winner of the 2024 presidential…