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The big mistakes that cost Stephen Bird his job at Abrdn

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David Wighton is a columnist for Financial News

Stephen Bird could be forgiven for feeling a bit hard done by. 

Bird faced major challenges at Abrdn, but his errors contributed to his downfall

David Wighton

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Investing

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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Britain’s Lottie Woad became one of the top players in the world by demolishing professionals while she was still an amateur. Now, she’s ready to start winning majors.

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Individual investors are trading with abandon, driving up prices of everything from stocks to crypto—and turbocharging the brokerage business.

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The retail trading platform posted a profit of $386 million for the quarter.

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Work-to-party founder Adam Neumann liked to say he ran a tech company. WeWork’s new, postbankruptcy marketing chief is tasked with positioning the brand as an old-fashioned office space provider.

WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now ChatGPT and other bots can do many of those chores.

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The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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U.S. stock futures and European indexes gained, while the dollar strengthened against the euro, after President Trump announced the trade agreement Sunday.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

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Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

Elon Musk Tells Tesla Investors to Focus on a Future Filled With Robots

The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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The Italian bank lifted earnings and shareholder-distributions guidance after reporting better-than-expected profit, looking to turn the page on its aborted takeover bid for its smaller peer.

UniCredit Upgrades Guidance After Dropping Banco BPM Deal

The Wall Street firm is being investigated over whether it properly vetted its clients for money-laundering risks.

Morgan Stanley’s Screening of Wealth-Management Clients Draws More Scrutiny

When team leaders provide their opinions first, it can discourage lower-level employees from providing dissenting views or alternative ideas.

Bosses Should Never Speak First, or Even Second, in a Meeting

U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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‘All-In,’ which hosts cabinet secretaries and senators, is scheduled to have an appearance by President Trump at a conference Wednesday.

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It issued an alert about “active attacks” targeting its server software and urged customers to install new security updates that have been released.

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The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.

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