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Big BusinessMoney and WealthSpecial Reports

Collective Net Worth of South Korea’s 50 Richest People Reaches $115 Billion

Despite a lackluster performance in 2023, South Korea's Kospi index witnessed a remarkable rebound in 2024, fueled by a fervent investor interest in artificial intelligence (AI) and a groundbreaking government-private sector initiative aimed at establishing the country as a global hub for chip production. The Kospi's impressive 11% surge over...
Big BusinessCEO Insider

Google Restructures Finance Organization to Prioritize AI Investments

In a memo circulated on Wednesday, Chief Financial Officer Ruth Porat unveiled Google's plans to restructure its finance organization, signaling a strategic shift towards prioritizing investments in artificial intelligence (AI). The restructuring, which encompasses layoffs and relocations, reflects the company's commitment to adapting to the evolving landscape of the tech...
CEO Explainers

Mike Elling Named CFO of Rotochopper Inc.

Rotochopper Inc. has appointed Mike Elling as its Chief Financial Officer. In this pivotal role, Elling will spearhead all aspects of the company's financial operations, leveraging his extensive experience to shape strategic direction across accounting, audit, tax, finance, and information systems. With a career spanning over two decades, Elling brings...
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