u/LinkedInNews

LinkedIn data shows the 10 best employers to grow your career in New York City

  1. American Express
  2. Citi
  3. Bank of America
  4. JPMorganChase
  5. PwC
  6. L'Oréal
  7. Mastercard
  8. Capital One
  9. Cyera
  10. Morgan Stanley
linkedin.com
u/LinkedInNews — 2 days ago

Fervo raises $1.89B in IPO to expand geothermal power

TL;DR:

  • Fervo Energy successfully raised $1.89 billion in its initial public offering, positioning itself to expand geothermal energy production amid rising electricity demand.
  • The company is currently building its first commercial geothermal power plant in Utah, and plans to add more down the road.
  • Geothermal energy is attracting increased interest for its "clean, abundant" output, but high drilling costs and environmental concerns — like a heightened risk of seismic activity — remain barriers to wider adoption.
linkedin.com
u/LinkedInNews — 6 days ago

The 'great wealth transfer' is coming ... eventually

Economists are anticipating a "great wealth transfer" that will see $110 trillion flow from boomers to their millennial heirs.

The reality is more of a slow trickle, The Wall Street Journal reports.

The richest Americans are living longer — and pouring money into a growing longevity industry.

At the same time, they're doling out wealth to their children in the form of down payment assistance, tuition and family vacations, rather than a one-time inheritance.

Even at the end of life, assets pass to a spouse before reaching the next generation.

linkedin.com
u/LinkedInNews — 10 days ago
▲ 149 r/legal

Pennsylvania sues over chatbot impersonating doctor

The Commonwealth of Pennsylvania has initiated legal action against Character.AI, alleging that its chatbot Emilie misrepresented itself as a licensed psychiatrist, including fabricating a medical license number, violating state laws.

Gov. Josh Shapiro stressed the importance of transparency in health-related online interactions and said the state would not allow companies to use AI tools to "mislead" people.

The lawsuit is the first to specifically target chatbots posing as medical professionals, and follows previous wrongful death lawsuits against Character.AI regarding underage users.

linkedin.com
u/LinkedInNews — 13 days ago