Finance
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Facial-recognition scans are a big part of how some office buildings are planning to reopen. Top office landlord Vornado maps out where it’s installing the tech.
Vornado Realty Trust began installing facial recognition systems in buildings it owns in New York City five years ago. The company, one...
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556Billionaire investor Howard Marks breaks down the ‘exceptional’ performance of Big Tech this year — and explains why being bullish on FAAMG has ‘obvious merit’
Bloomberg TV Howard Marks broke down the bull argument for market-leading technology stocks in his latest memo, and said there is “obvious...
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477Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold
Drew Angerer/Getty Images Warren Buffett slashed his stakes in JPMorgan and Wells Fargo in the second quarter, a regulatory filing revealed on...
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397Jim Simons’ Renaissance fund dumped Apple and Amazon and boosted its Tesla stake last quarter
AP Images / Jason Decrow Renaissance Technologies sold its Apple and Amazon stakes and ramped up its Tesla investment last quarter, a...
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Investment manager TIAA is shrinking headcount with buyouts offering up to 2 years of pay. Now 10% of its workers are cashing out.
The $1.1 trillion investment manager TIAA offered a voluntary separation package for employees, Business Insider reported in May. About 10% of the...
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POWER PLAYERS: Meet the 15 execs at Mastercard driving an ambitious push into new businesses built on cybersecurity and selling data
Mastercard is one of the world’s largest payment networks, but it’s increasingly looking outside of its bread-and-butter businesses of processing debit and...
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LAST CALL: We’re seeking nominations for the 2020 Rising Stars of Wall Street — here’s how to apply
Business Insider is putting together a power list of the young talent on Wall Street in 2020. We want to hear from...
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Warren Buffett may have dumped his entire Wells Fargo stake last quarter, finance professor David Kass says
Warren Buffett’s Berkshire Hathaway may have sold its whole stake in Wells Fargo, David Kass, a finance professor at the University of...
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WeWork nabbed a fresh $1.1 billion in financing from SoftBank as the coworking giant’s membership dropped
WeWork’s membership dropped by 81,000 in the second quarter, per financial information sent to employees on Thursday. The company’s revenue increased 9%...
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A growing number of wealthy tech investors are bucking traditional VCs and starting subscription-based ‘rolling’ funds
An increasing number of wealthy tech execs, like Facebook alum Dave Morin and Gumroad CEO Sahil Lavingia, are starting so-called “rolling funds,”...