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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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UK finance has yet to face many restrictions on using artificial intelligence. But the technology brings risks as well as opportunities. As Liam Proud explains, that means the Bank of England’s light-touch approach will have to change.
Morgan Stanley’s $13 bln purchase of online broker E*Trade gives it retail customers, higher returns and more stable revenue. That’s what rival Goldman Sachs has promised its shareholders too, though it’s taking a different path. John Foley digs into their dueling strategies.
UBS needed someone with experience of running a big lender, wealth management expertise, and investment banking chops to succeed CEO Sergio Ermotti. That is a rare combination. Liam Proud explains why ING’s Ralph Hamers is an acceptable solution to a tough succession conundrum.
The billionaire says that as U.S. president he would clip the wings of the Wall Street firms his financial-data empire counts as clients. Then again, he has no choice. Lamenting capitalist excesses has become the price of entry to the Democratic debate, John Foley argues.
Prime Minister Boris Johnson will next year introduce a new immigration system. Swaha Pattanaik outlines potential pros, such as scope for stronger wage growth, as well as possible drawbacks of a plan that the government says will end Britain’s reliance on cheap EU labour.
Amazon’s boss is donating $10 bln to fight climate change. Reforestation and other forms of carbon capture are worthy causes, but require far more cash. And Bezos is late to the game. Antony Currie explains how backing climate-savvy politicians could be the best use of his cash.
The iPhone maker said quarterly sales would miss earlier guidance as Chinese consumers and supply chains seize up. Pete Sweeney spells out why the tech titan’s problems will make investors more sensitive to the ripple effects of the coronavirus.
France’s Alstom is in talks to buy the high-speed train unit of Canada’s Bombardier. The reported $7 bln price tag looks high given the division’s weak profitability. And Europe’s competition watchdog may also withhold the green light, Ed Cropley says.
The U.S. airline plans to go carbon neutral. Less clear is how, and whether the $1 billion boss Ed Bastian wants to spend will amount to a hill of beans. The market is skeptical, but that might say more about investors’ own lack of climate-change preparedness, argues John Foley.
T-Mobile US and Sprint got one step closer to finally sealing their $120 bln merger. An amended agreement means Sprint owner SoftBank is getting a smaller slice of the stake. Jennifer Saba discusses the upsides for both companies.