Browsing: Another

Shell’s latest financial statements reveal a remarkable accounting consequence of the Middle East conflict. While the oil giant reports extraordinary profits, soaring tanker freight rates have triggered billions of dollars in additional shipping-lease liabilities. The figures are non-cash adjustments, not realised losses, but they expose another dimension of Shell’s vulnerability to geopolitical disruption.

Pinky Cole faces another financial dispute as a lender seeks permission to take action against one of her Georgia properties. The move comes as the reality star continues to navigate bankruptcy proceedings. The lender claims Cole owes more than $164,000 on a rental property, while her attorney says the home is already covered by her…

The Small Business Administration hasn’t finalized an artificial intelligence strategy, developed a generative AI policy or completed a host of other federally required governance components despite piloting several models of the emerging technology, according to the agency’s inspector general.