Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan J.P. Morgan Chase has hired a veteran IBM researcher to lead a new group working on emerging technologies including quantum computing. Marco Pistoia, who spent 24 years at IBM and managed a team responsible for quantum computing algorithms, is
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Global index and fund provider MSCI said Tuesday that investors need to more readily integrate ESG metrics, or a company’s environmental, social and governance factors, into investing philosophies. “We are sounding the alarm bells that if you are an investment institution and you’re not embracing this and taking it into account, it’s going to be
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Getty Images U.S. oilfield services firm Halliburton on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry. The charge for asset impairments was centered on hydraulic fracturing and legacy drilling equipment units, as well as workforce reductions, the company said. It dismissed 8% of its
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Uber CEO Dara Khosrowshahi walks outside of the New York Stock Exchange its highly anticipated initial public offering on May 10, 2019. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Morgan Stanley — Shares of the nation’s fourth-largest bank sunk 3.5% following a downgrade from Citigroup to neutral from
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