Browsing Tag:business

Business

Live Business and Economy News Updates

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Daily Business BriefingJune 7, 2021Updated June 7, 2021, 6:23 p.m. ETJune 7, 2021, 6:23 p.m. ETTim Cook, the chief executive of Apple, previewing new privacy features at a conference held by his company on Monday.Credit...Brooks Kraft/AppleApple once again took aim at the vast digital-advertising industry on Monday and unveiled a number of changes to protect iPhones users’ privacy and strengthen...
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Business

Stocks, JBS Hack and the Economy: Live Business Updates

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Daily Business BriefingJune 2, 2021Updated June 2, 2021, 12:14 p.m. ETHomebuilding in Delaware last month. Significant growth in employment is expected to start in the second half of 2021, the U.N. labor organization said. Credit...Alyssa Schukar for The New York TimesGlobal employment will take years to return to prepandemic levels, the United Nations’ labor organization said on Wednesday in a report...
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Business

Today’s Business and Stock Market News: Live Updates

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Daily Business BriefingMay 27, 2021Updated just nowTreasury Secretary Janet Yellen said that her agency lacks sufficient resources to oversee an economic recovery that still has “a long road ahead” and called on Congress to provide her with more funds.Credit...Erin Scott for The New York TimesTreasury Secretary Janet L. Yellen warned on Thursday that her agency lacked sufficient resources to oversee...
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Politics

Former FBI Director Donates $100K To Private Trust For The Grandkids Of Joe Biden – Attempting To ‘Establish Future Business’

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OPINION | This article contains political comments that reflect the author's opinion.Former FBI director Louis Freeh gave 100,000 to a private trust reserved for Joe Biden's grandchildren to create future business opportunities, according to The Daily Wire.Before Freeh made the generous donation, he emailed Hunter Biden, "I'd like to talk to you and dad about working together for...
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Business

Goldman Sachs loses CFO of Marcus business to JPMorgan Chase

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Sherry Ann Mohan, Managing Director at Goldman SachsSource: Goldman SachsGoldman Sachs continues to lose key managers in its fledgling consumer banking business.Goldman's CFO, Consumer Business, which owns the Marcus Brand and Apple Card, joins JPMorgan Chase. This is evident from an internal memo obtained solely from CNBC.Sherry Ann Mohan will join JPMorgan in August as Chief Financial Officer,...
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Farming

With ‘Knives Out’ Deal, Netflix Signals It’s in the Franchise Business

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"The pandemic has really hit streamers with theatrical distribution," said James Moore, managing director of Vine Alternative Investments, an entertainment industry-focused asset manager. "Now you see the economy really accelerating towards the streamers, and they have both the essentials and the strategic need to maintain those profits."In business todayUpdated April 16, 2021, 1:30 p.m. ET"Knives Out," with a...
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Business

Alibaba shares jump after China orders Ant Group to revamp business

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An Ant Group logo is pictured at the company's headquarters, a subsidiary of Alibaba, in Hangzhou, Zhejiang Province, China, on October 29, 2020.Aly Song | ReutersGUANGZHOU, China - Alibaba shares in Hong Kong rose nearly 4% on Tuesday when it opened after regulators ordered the e-commerce giant's financial technology subsidiary Ant Group to overhaul its business.Along with a...
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Business

The Week in Business: Jobs Surge Back

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Good morning and happy easter. Here are the top business and tech stories you should know for the week ahead. - Charlotte CowlesWhat's happening? (March 28th - April 3rd)light at the end of the tunnelEmployers created a whopping 916,000 jobs in March, which more than doubled employment growth in February. Many workers were employed in...
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Business

Biden Poised to Raise Taxes on Business and the Rich

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Many liberal economists say there are good reasons to collect taxes, starting with using those funds to invest in workers and help build economic opportunity. Spending on physical infrastructure like roads and water pipes, or programs like education and childcare to help people make more money, could help reduce persistent inequalities in income and wealth. Economists also...
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