Citi poaches JPMorgan executive Raghavan – Times of India
Citigroup hired JPMorgan Chase's Viswas Raghavan as head of banking and executive vice chair, poaching from a key rival as...
banking
The Companies Cutting Jobs in 2024: Here’s the List
Updated Jan. 12, 2024 2:03 pm ETListen to article(1 minute)Some companies are kicking off the new year by trimming staff...
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
America’s Mortgage King Also Wants an NBA Crown—Right Now
Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month, Mat Ishbia’s fingerprints were everywhere.He bought...
Oil Spills Fast Facts | CNN
CNN — Here’s a look at oil spill disasters. Spill estimates vary by source. 1. January 1991 - During the...
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the...
Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing...
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty...
Bank of England Raises Key Interest Rate by Quarter Percentage Point
The central bank increased its key rate for the 14th time in a row and said it may do so...
Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source...
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
U.S. Economic Growth Accelerates, Defying Slowdown Expectations
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
GE Brings Good Things (Its Shares) Back to Life
The manufacturer cited strong orders for jet engines and wind turbines, sending its shares up another 6%. Source link
Google, McDonald’s, Exxon Headline Busy Earnings Week
A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. Source link
WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
WSJ News Exclusive | Scammers Target Stores With Bomb Threats, Seeking Bitcoin and Gift Cards
Kroger, Walmart and other retailers report anonymous threats, prompting law-enforcement investigations. Source link
WSJ News Exclusive | Janet Yellen Sees Bank Earnings Pressure, Mergers After March Crisis
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China’s Central Bank Moves to Shore Up Recovery
Unexpected trim in key lending rate likely heralds further steps to stimulate China’s economy. Source link
What’s Killing Productivity? Some Think It’s the Banks
June 13, 2023 12:00 am ETLONDON—The birthplace of the industrial revolution is in dire need of innovation. Standing in the...
