Finance
-
$1.5 billion ZipRecruiter just laid off hundreds only days after the CEO told employees the business wasn’t impacted by the coronavirus
Online job-hub company ZipRecruiter laid off 443 employees and furloughed dozens on Friday, just a few days after the CEO said in...
-
4 startups are changing the way millennials pay for brands like Casper and Warby Parker and have attracted investors including Andreessen Horowitz and Snoop Dogg
Online shoppers have a new option when it comes time to check out: Buy now, pay later. Affirm, Afterpay, Klarna, and QuadPay...
-
496Billionaire investor Bill Ackman turned $27 million into $2.6 billion by betting that the coronavirus would tank the market
Thomson Reuters The hedge-fund billionaire Bill Ackman turned a $27 million position into a $2.6 billion windfall as the coronavirus outbreak dragged...
-
429‘Shareholders come last’: Billionaire entrepreneur Mark Cuban says CEOs should prioritize employees and their families in coronavirus crisis
Ron Jenkins/AP Mark Cuban told Just Capital in an interview that shareholders should come last amid the coronavirus pandemic and employees and...
-
466BlackRock won’t charge the New York Fed fees on ETFs included in its bond-buying program
GettyImages 632168302 BlackRock will waive asset management fees on ETFs purchased on behalf of the Federal Reserve Bank of New York according...
-
She’s a US senator. He’s one of the most powerful men in finance. Meet the $500 million power couple getting slammed for stock trades placed as the coronavirus tanked markets.
Republican Sen. Kelly Loeffler grabbed headlines following a report by The Daily Beast that said she sold stocks immediately following a private...
-
Here are 5 ways Wall Street firms can get creative on compensation as bonuses are expected to plunge this year
While many industries have seen dramatic reductions in their workforces as a result of the coronavirus pandemic, most of Wall Street is...
-
420Warren Buffett’s Berkshire Hathaway has the cash to buy Tesla, Starbucks, or McDonald’s after the coronavirus sell-off
Paul Morigi / Stringer / Getty Images Warren Buffett’s Berkshire Hathaway can afford almost any of America’s public companies following the coronavirus...
-
The $2 trillion stimulus law could leave startups out in the cold. Here’s why Silicon Valley is worried.
While the new coronavirus-spurred stimulus law offers help to all kinds of companies, startups may be barred from tapping into one of...
-
Leaked memo reveals Knotel CEO’s playbook for burying news about jobs cuts at the flex-office startup
Knotel laid off and furloughed a total of 50% of the company’s staff on Friday. Days earlier, Knotel CEO Amol Sarva emailed...