The most seductive narrative in American work culture right now isn’t that AI will take your job. It’s that AI will save you from it. That’s the version the industry has spent the last three years selling to millions of nervous people who are eager to buy it. Yes, some white-collar jobs will disappear. But for most other roles, the argument goes, AI is a force multiplier. You become a more capable...
The most seductive narrative in American work culture right now isn’t that AI will take your job. It’s that AI will save you from it. That’s the version the industry has spent the last three years selling to millions of nervous people who are eager to buy it. Yes, some white-collar jobs will disappear. But for most other roles, the argument goes, AI is a force multiplier. You become a more capable, more indispensable lawyer, consultant, writer, coder, financial analyst — and so on. The tools work for you, you work less hard, everybody wins. But a new study published in Harvard Business Review follows that premise to its actual conclusion, and what it finds there isn’t a productivity revolution. It finds companies are at risk of becoming burnout machines. As part of what they describe as “in-progress research,” the researchers spent eight months inside a 200-person tech company watching what happened when workers genuinely embraced AI. What they found across more than 40 “in-depth” interviews was that nobody was pressured at this company. Nobody was told to hit new targets. People just started doing more because the tools made more feel doable. But because they could do these things, work began bleeding into lunch breaks and late evenings. The employees’ to-do lists expanded to fill every hour that AI freed up, and then kept going. As one engineer told them, “You had thought that maybe, oh, because you could be more productive with AI, then you save some time, you can work less. But then really, you don’t work less. You just work the same amount or even more.” Over on the tech industry forum Hacker News, one commenter had the same reaction, writing, “I feel this. Since my team has jumped into an AI everything working style, expectations have tripled, stress has tripled and actual productivity has only gone up by maybe 10%. It feels like leadership is putting immense pressure on everyone to prove their investment in AI is worth it and we all feel the pressure to try t...
Barclays has announced a £1 billion share buyback as it reported investment banking revenue ahead of expectations, while its net interest income was in line. The bank said it plans to have returned at least £10 billion to shareholders between 2024 and 2026, rising to returns of more than £15 billion for 2026-2028. Pretax profit for the fourth quarter was a touch ahead of estimates, while the in...
Barclays has announced a £1 billion share buyback as it reported investment banking revenue ahead of expectations, while its net interest income was in line. The bank said it plans to have returned at least £10 billion to shareholders between 2024 and 2026, rising to returns of more than £15 billion for 2026-2028. Pretax profit for the fourth quarter was a touch ahead of estimates, while the investment bank was boosted by strong performances for both its equities and fixed income franchises. Weâve already seen that thereâs a high bar for banks this earnings season after a stellar 2025. Last year, Barclays shares rose by 77%, its biggest annual gain on record.Photographer: Chris Ratcliffe/Bloomberg
Trump is threatening to block a new bridge between Detroit and Canada from opening toggle caption Paul Sancya/AP WASHINGTON — President Donald Trump on Monday threatened to block the opening of a new Canadian-built bridge across the Detroit River, demanding that Canada turn over at least half of the ownership of the bridge and agree to other unspecified demands in his latest salvo over cross-borde...
Trump is threatening to block a new bridge between Detroit and Canada from opening toggle caption Paul Sancya/AP WASHINGTON — President Donald Trump on Monday threatened to block the opening of a new Canadian-built bridge across the Detroit River, demanding that Canada turn over at least half of the ownership of the bridge and agree to other unspecified demands in his latest salvo over cross-border trade issues. "We will start negotiations, IMMEDIATELY. With all that we have given them, we should own, perhaps, at least one half of this asset," Trump said in a lengthy social media post, complaining that the United States would get nothing from the bridge and that Canada did not use U.S. steel to built it. Sponsor Message The Gordie Howe International Bridge, named after a Canadian hockey star who played for the Detroit Red Wings for 25 seasons, had been expected to open in early 2026, according to information on the project's website. The project was negotiated by former Michigan Gov. Rick Snyder — a Republican — and paid for by the Canadian government to help ease congestion over the existing Ambassador Bridge and Detroit-Windsor tunnel. Work has been underway since 2018. It's unclear how Trump would seek to block the bridge from being opened, and the White House did not immediately return a request for comment on more details. The Canadian Embassy in Washington also did not immediately return a request for comment. Trump's threat comes as the relationship between the U.S. and Canada increasingly sours during the U.S. president's second term. The United States-Mexico-Canada trade agreement is up for review this year, and Trump has been taking a hard-line position ahead of those talks, including by issuing new tariff threats. Canadian Prime Minister Mark Carney, meanwhile, has spoken out on the world stage against economic coercion by the United States. Sen. Elissa Slotkin, D-Mich., said the Canadian-funded project is a "huge boon" to her state and its economic futur...
Honda Motor press release ( HMC ): for the nine months ended December 31, 2025 reported GAAP EPS of ¥115.53. Revenue of ¥15975.66B (-2.2% Y/Y). More on Honda Motor Honda: Turning Bullish On Positive Developments (Rating Upgrade) American Honda expects to sell 4% more vehicles in 2026 Sony Honda Mobility unveils new EV prototype at CES Seeking Alpha’s Quant Rating on Honda Motor Historical earnings...
Honda Motor press release ( HMC ): for the nine months ended December 31, 2025 reported GAAP EPS of ¥115.53. Revenue of ¥15975.66B (-2.2% Y/Y). More on Honda Motor Honda: Turning Bullish On Positive Developments (Rating Upgrade) American Honda expects to sell 4% more vehicles in 2026 Sony Honda Mobility unveils new EV prototype at CES Seeking Alpha’s Quant Rating on Honda Motor Historical earnings data for Honda Motor
Ivanhoe Mines Founder Robert Friedland speaks to Bloomberg's Jennifer Zabasajja at The African Mining Indaba, Africa's biggest mining conference taking place in Cape Town on Feb. 9. The event is the leading platform for deal-making and investment in African mining. In the interview they discuss metals pricing, copper demand, and capital for mineral development, with Friedland saying "copper has a ...
Ivanhoe Mines Founder Robert Friedland speaks to Bloomberg's Jennifer Zabasajja at The African Mining Indaba, Africa's biggest mining conference taking place in Cape Town on Feb. 9. The event is the leading platform for deal-making and investment in African mining. In the interview they discuss metals pricing, copper demand, and capital for mineral development, with Friedland saying "copper has a very bright future" and "if the Fed is in fact going to lower rates, then one could argue that these precious metals and base metals will do very well against the United States dollar". (Source: Bloomberg)
(RTTNews) - Atea ASA (ATEAY, ATEA.OL), an IT infrastructure and related solutions company, on Tuesday reported its net income increased in the fourth quarter compared with the previous year. For the fourth quarter, net income attributable to the shareholders increased to NOK 408 million from NOK 227 million in the previous year. Earnings per share were NOK 2.94 versus NOK 2.17 last year. EBITDA ro...
(RTTNews) - Atea ASA (ATEAY, ATEA.OL), an IT infrastructure and related solutions company, on Tuesday reported its net income increased in the fourth quarter compared with the previous year. For the fourth quarter, net income attributable to the shareholders increased to NOK 408 million from NOK 227 million in the previous year. Earnings per share were NOK 2.94 versus NOK 2.17 last year. EBITDA rose to NOK 681 million from NOK 547 million in the previous year. Operating profit jumped to NOK 480 million from NOK 318 million in the prior year. Revenue increased to NOK 11.25 billion from NOK 10.61 billion last year. On Monday, the company said its board has resolved to propose a dividend of NOK 7.50 per share at the Annual General Meeting scheduled for April 28. The dividend will be paid in two equal installments of NOK 3.75 per share, with payments expected in May and November 2026. Further, the company said it expects demand for IT infrastructure to remain robust across all business lines in 2026. The company expects year-over-year growth in gross sales and EBIT from its commercial operations in the first quarter and for the full year of 2026. On Monday, ATEA closed trading 1.50% higher at NOK 148.40 on the Oslo Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
MicroStockHub/iStock via Getty Images Shares of Arch Capital Group ( ACGL ) have been a modest performer over the past year, gaining 6%. While Arch has delivered solid underwriting results, share price appreciation has been limited by slower growth, underwriting margin fears, and higher Bermuda taxes. Feeling these concerns are overstated, I rated Arch a “ B uy” when I last covered shares in Novem...
MicroStockHub/iStock via Getty Images Shares of Arch Capital Group ( ACGL ) have been a modest performer over the past year, gaining 6%. While Arch has delivered solid underwriting results, share price appreciation has been limited by slower growth, underwriting margin fears, and higher Bermuda taxes. Feeling these concerns are overstated, I rated Arch a “ B uy” when I last covered shares in November . Since then, the stock has gained 4%, keeping pace with the market, though shares remain stubbornly below my $105-110 target. With updated financials, now is a good time to revisit ACGL to see if performance can improve or if shares are likely to languish further. Seeking Alpha In the company’s fourth quarter , Arch Capital earned $2.98 per share, beating estimates by $0.41. This translated to an impressive ~19% return on equity. For the full year, the company earned $9.84, beating my $9.25+ expectation, as a quiet hurricane season, better alternative returns, and fairly stable core underwriting results contributed to a solid fourth quarter. As a reminder, Arch’s business is fairly evenly diversified between insurance and reinsurance. Much of its catastrophe risk sits inside the reinsurance business, and that unit’s earnings can have meaningful seasonal and year-to-year volatility as a result. Arch Capital Its combined ratio, ex-catastrophes, was 79.5%, up 50bps from last year; still, this is a healthy level. Including cats, its combined ratio improved 440bps to 80.6%. 2025 was a very quiet hurricane season with no major storms hitting the mainland U nited States , and this created unusually low losses. I view 2024’s cat environment as more consistent with long-term norms, but there will always be some quiet and some unusually active hurricane seasons. During the quarter, the company had $164 million of reinsurance losses, which was down from $393 million a year ago. The company had $118 million of favorable prior-year developments, as existing policies continue to out...
Royal Philips ( RYLPF ) proposed to reappoint Roy Jakobs as president and CEO for another term. “Roy Jakobs has demonstrated clear leadership, strong execution, and a relentless focus on strengthening Philips amid an uncertain macro environment,” said Feike Sijbesma , Chairman of the Supervisory Board of Royal Philips. The proposal will be submitted for approval at the upcoming AGM to be held on M...
Royal Philips ( RYLPF ) proposed to reappoint Roy Jakobs as president and CEO for another term. “Roy Jakobs has demonstrated clear leadership, strong execution, and a relentless focus on strengthening Philips amid an uncertain macro environment,” said Feike Sijbesma , Chairman of the Supervisory Board of Royal Philips. The proposal will be submitted for approval at the upcoming AGM to be held on May 8, 2026. More on Philips Koninklijke Philips: Macro Set-Up Favors And AI Tailwinds Philips: Waiting Comfortably For Upside From Healthcare AI Leadership Philips reports Q4 results, proposes €0.85 dividend Philips Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Philips
Honda Motor Co. maintained its annual profit guidance after weak sales and US tariffs weighed on quarterly earnings. The carmaker’s third-quarter operating income was ¥153.4 billion ($987 million), it said Tuesday, beating analyst estimates . It still sees operating profit of ¥550 billion for the fiscal year ending March 31, 2026. That’s down from ¥1.21 trillion last fiscal year. The company raise...
Honda Motor Co. maintained its annual profit guidance after weak sales and US tariffs weighed on quarterly earnings. The carmaker’s third-quarter operating income was ¥153.4 billion ($987 million), it said Tuesday, beating analyst estimates . It still sees operating profit of ¥550 billion for the fiscal year ending March 31, 2026. That’s down from ¥1.21 trillion last fiscal year. The company raised its net sales forecast to ¥21.1 trillion. It also announced that it will cancel 747 million, or about 14%, of its own shares. Honda’s automobile business has been suffering from weak sales, on top of costly US tariffs and mounting competition from China. Still, its decline has been cushioned by strong demand for gas-electric hybrid cars, and the profit raked in by its motorcycle business.
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand. The cosmetics and beauty company forecasts operating profit of ¥59 billion ($380 million) for the year ending December, with sales seen rising 2.1% to ¥990 billion. Analysts on average project ¥56.4 billion in operating profit on sales...
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand. The cosmetics and beauty company forecasts operating profit of ¥59 billion ($380 million) for the year ending December, with sales seen rising 2.1% to ¥990 billion. Analysts on average project ¥56.4 billion in operating profit on sales of ¥992 billion. Once a formidable challenger to L’Oreal SA and Estee Lauder Companies Inc. , Japan’s largest cosmetics maker is navigating its toughest test in decades, hit by missteps in North America and losing market share to agile Asian rivals. The company is cutting costs, prioritizing core brands, expanding fragrances portfolio, and moving into medical and dermal cosmetics to put itself back on track. Chief Executive Officer Kentaro Fujiwara unveiled a plan in November to grow sales by 2% to 5% annually through 2030, targeting a core operating profit margin of at least 10%. For the 12 months ended December 2025, Shiseido reported an operating loss of ¥28.8 billion after writing down more than half the value of its $845 million investment in Drunk Elephant brand amid declining sales and profit. Read: Shiseido Faces Tough Turnaround After Costly Cosmetics Stumbles