Finance
-
402‘Black Swan’ author Nassim Taleb cheered capitalism, championed entrepreneurs, and recommended adapting to the pandemic at the BI Global Trends Festival. Here are his 8 best quotes from the interview.
Nassim Taleb. Mohd Zakir/Hindustan Times via Getty Images Nassim Nicholas Taleb encouraged people to adapt to the pandemic, praised capitalism, and cheered...
-
2 top Morgan Stanley commodities traders are out after violating internal communications policies by using WhatsApp
Nancy King, global head of commodities, and Jay Rubenstein, head of commodities trading, are departing Morgan Stanley after utilizing WhatsApp, the text...
-
351Goldman Sachs agrees to pay over $2 billion to the US Justice Department over Malaysia’s 1MDB scandal, report says
Brendan McDermid/Reuters Goldman Sachs has reached a deal with the US Department of Justice to pay over $2 billion for its involvement...
-
416Top Swiss bank UBS smashes expectations with 99% rise in third-quarter net profit as trading and wealth management surge
FILE PHOTO: Logo of Swiss bank UBS is seen in Basel Reuters Swiss lender UBS posted a 99% jump in third-quarter net...
-
WeWork’s chairman said Adam Neumann ‘may have violated’ the terms of his $185 million consulting contract with his former company, and that it’s is no longer in effect
Ousted WeWork co-founder Adam Neumann’s $185 million consulting deal with his former company is no longer in place, executive chairman Marcelo Claure...
-
Mastercard’s incoming CEO sees an opportunity and obligation to help SMBs and consumers through economic recovery. Here are some of his plans to help them recover.
The coronavirus pandemic has accelerated the shift toward digital payments, and that’s been a boost for players like Mastercard. Payments companies have...
-
Inside the sprawling network of hedge fund spin-offs from Israel Englander’s Millennium Management
One could argue that Millennium Management’s greatest advantage over other hedge funds is its ability to keep talented people in-house. The massive...
-
439Warren Buffett and Joe Biden are bullish on America, agree the super rich should pay higher taxes, and want quarterly earnings guidance to end
Rick Wilking/Reuters Joe Biden and Warren Buffett share the view that America has unrivaled potential to be a global leader. “Just got...
-
405Global stocks jump after Pelosi sets Tuesday deadline for US stimulus vote; China posts strong economic data
Global stocks jumped on Monday, after Democrat House Speaker Nancy Pelosi set an end-Tuesday deadline to reach an agreement on the US...
-
Corporate giant Deloitte is permanently closing 4 offices, putting 500 staff on work-from-home contracts
Deloitte said Saturday it would close four of its 50 offices in the UK — but staff will remain at the big...