Finance
-
Waymo just announced its first-ever outside funding with $2.25 billion — and its CEO said spinning off from Alphabet is ‘certainly a possibility’
Waymo announced its first-ever outside funding round on Monday — $2.25 billion. Waymo CEO said that the round was an “initial” funding,...
-
We took a look at Clover Health’s 2019 financial results. They show losses deepening as the company took on more members in the red-hot Medicare Advantage market.
We just got a look at the 2019 financial results of Clover Health, a health-insurance startup that’s valued at $1.2 billion. Clover...
-
Wells Fargo is moving a wealth exec into its scandal-plagued consumer bank to fill a new ‘chief accountability officer’ role (WFC)
Wells Fargo’s consumer banking business has created a new “chief accountability officer” role and shifted a wealth management leader over to that...
-
338G7 countries could team up to shield the global economy from further coronavirus damage
REUTERS/Denis Balibouse The world’s major powers are considering a coordinated response to shield the global economy from further fallout. French Finance Minister...
-
Jack Welch, the legendary former General Electric CEO who left the company 35 times more valuable than he found it, is dead at 84
Jack Welch, the former CEO of General Electric, has died at the age of 84. Visit Business Insider’s homepage for more stories....
-
Rachel Kuhn is a 41-year-old executive who left Starbucks for one of America’s biggest automakers. Here’s her strategy for driving innovation at General Motors, despite not being a ‘car person’ (GM)
General Motors’ innovation team has a clear directive: Projects must add at least $100 million in revenue. Rachel Kuhn, director of innovation...
-
554‘There’s nothing really to be relieved about’: Stocks climb on hopes of coronavirus stimulus, but analysts fear the rally is premature
Spencer Platt / Getty Images Stocks recovered on Monday after central bankers promised to protect their economies against the coronavirus outbreak. US,...
-
More than 40 current and former Bloomberg LP employees reveal the company’s abusive ‘trading floor’ culture, where Mike Bloomberg and his colleagues allegedly called women ‘SFUs’ for ‘short fat and ugly,’ and women complained about a senior newsroom leader’s unwanted massages for years.
Mike Bloomberg insisted from the presidential debate stage that wrongdoers at his company would be “gone that day.” But at least one...
-
American Express employees strong-armed small businesses to boost sales, according to former customers and employees
American Express employees misled and coerced scores of small-business owners into signing up for cards, according to a Wall Street Journal report. Former...
-
2 whistleblowers say they’ve seen the accounting industry’s problems up close, and they’re willing to testify to Congress about the shortcomings of the Big Four (MAT, HLIT, MRVL)
Data compiled by watchdog groups has indicated that there are widespread problems in the accounting industry, but few industry insiders have spoken...