‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
Shoppers walk the aisles of Wal-Mart for Black Friday deals on November 25, 2022 in Dunwoody, Georgia. Walmart opened at ...
Tag: business news
Stocks making the biggest moves midday: Carvana, MongoDB, TripAdvisor, Toll Brothers and more
A mascot of TripAdvisor is seen at its display at a trade fair.Axel Schmidt | ReutersCheck out the companies making ...
Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison
Former Theranos chief operating officer and president Ramesh "Sunny" Balwani was sentenced to nearly 13 years in prison Wednesday for ...
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
LONDON — BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company's ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022.Brendan ...
Apple announces plans to encrypt iCloud backups
CUPERTINO, CALIFORNIA - JUNE 06: Apple CEO Tim Cook looks at a display of brand new redesigned MacBook Air laptop ...
Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined
The Pentagon building in Washington, D.C.Staff | AFP | Getty ImagesThe Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle ...
House Financial Services Chair Waters doesn’t plan to subpoena Sam Bankman-Fried to testify at hearing on FTX collapse
Rep. Maxine Waters (D-CA) participates in a House Financial Services Committee hearing in Washington, October 23, 2019.Erin Scott | ReutersHouse ...
Wealthy Chinese keep on spending while others cut back, survey finds
Pictured here is a science-fiction themed installation at the Maison Hermes in Shanghai, China, on Nov. 28, 2022.Future Publishing | ...
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
Shopee reportedly conducted three rounds of layoffs this year as its parent Sea Limited struggles towards profitability.Lauryn Ishak | Bloomberg ...
