Browsing: Business
Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are…
A New York state appeals court ruled in favor of billionaire investor Leon Black on Thursday, rejecting a defamation claim by a woman who also accused the Apollo Global Management co-founder of rape…
Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in comments that pushed against recent market moves that anticipate…
President-elect Donald Trump’s incoming national security adviser said Thursday the new administration will keep TikTok alive in the US if there is a viable deal. “We will put measures in place to keep TikTok from…
TikTok CEO Shou Zi Chew is planning to attend President-elect Trump’s inauguration ceremony on Monday – even as the China-owned company makes a last-ditch effort to avoid a US ban.…
Ratings-challenged CNN will reportedly move veteran anchor Wolf Blitzer to a new slot in the mornings as part of a wider reshuffle by the embattled cable news pioneer’s boss Mark…
After years of regulatory “harassment” under the Biden administration — as one notable investor described it to NYNext — the cryptocurrency community is celebrating Donald Trump’s inauguration as the end…
Hindenburg Research’s founder has decided to disband the short-selling firm whose reports erased tens of billions from the market values of companies including India’s Adani Group and Icahn Enterprises. Nate Anderson,…
For the second time in less than a year, Joann Inc. filed for Chapter 11 bankruptcy protection. This time, it’s also trying to sell itself to another company in an…
US consumer prices showed no signs of cooling in December amid higher costs for energy goods, but the Federal Reserve’s preferred inflation gauge dipped — leading to a rally on…