Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report. 1. Goldman ...
Influential proxy adviser Glass Lewis joined another adviser in urging Goldman Sachs to split the CEO and chairman roles held ...
2. Futures rebound after last week’s selloff: 3. Apple no longer world’s No.1 phone maker: 4. Job cuts at Tesla?: ...
Goldman Sachs' CEO is facing a fresh challenge to his leadership from an advisor to some of the bank's biggest investors. The proxy advisor Institutional Shareholder Services wants Goldman to ...
The bank boosted its expectation for annual savings to $1.5 billion. Meanwhile, Citi, Wells Fargo and JPMorgan Chase reported marked increases in FDIC special assessment costs.
The pace of job cuts by U.S. employers accelerated again ... Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.
leading to job cuts. Even outside tech firms like Dropbox and Duolingo have cited AI as a reason for downsizing. Economists at Goldman Sachs previously warned that generative AI could eliminate or ...
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We are often asked whether these forecasts aren’t contradictory—won’t stronger growth prevent inflation from falling or even ...
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 ...
CEO Mirko Bibic and a handful of other executives ... Bibic to appear on April 11 to answer questions and talk about the job cuts. When a witness declines an invitation to appear, a committee ...
Goldman Sachs CEO David Solomon faces a challenge from a big investor advisor. The advisor recommended separating the CEO and chairman roles for more independent oversight. The annual-meeting vote ...