Greensill Nears Sale to Apollo-Backed Athene as Fund Freezes

Greensill Nears Sale to Apollo-Backed Athene as Fund Freezes

The deal talks are progressing between Greensill and the combination of Athene and Apollo Global Management Inc., according to people familiar with the matter. Athene is a Bermuda-based annuity seller that’s part-owned by Apollo.
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A new program can animate old photos. But there's nothing human about artificial intelligence

As far as AI-animated images go, the technology behind these Harry Potter-esque photos isn’t particularly complex. Users are invited to supply old photos of their loved ones, and the program uses deep learning to apply predetermined movements to their facial …
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Lael Brainard hints that tumult in the bond market worried the Federal Reserve.

“I would be concerned if I saw disorderly conditions, or persistent tightening in financial conditions that could slow progress toward our goal.” Ms. Brainard’s comments come after government bond yields climbed last week, …
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$6-Mln Merrill Team Breaks Away to Launch RIA in Pennsylvania

Fifty-year industry veteran Samuel A. Liebman, his son, Matthew D. Liebman, Aaron S. Marks, and Patrick J. Swift left on Monday to launch Amplius Wealth Partners, a registered investment advisory firm named after the Latin word for “a greater amount,” …
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Apple's Services Business Could Surprise Investors Once Again

In the December quarter, services revenue jumped 24% to $15.7 billion. And the early signs on services revenue for the March quarter are looking good, as well. Evercore ISI analyst Amit Daryanani wrote in …
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