Finance
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American Express is cooperating with a federal probe into its sales practices for small business and consumer cards
Several federal agencies are probing Amex’ small business and consumer card sales practices. The US Attorney’s Office in the Eastern District of...
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Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report
Goldman Sachs is creating a JV focused on automotive tech, Bloomberg reported. Auto-tech companies have been part of a number of acquisitions...
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Ryan Cohen made millions when Chewy got acquired. Now the millennial entrepreneur has a plan to turn around GameStop. (GME, CHWY)
Chewy cofounder Ryan Cohen has taken a large stake in GameStop, hoping to revive the ailing retailer. His nearly $80 million investment...
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383Warren Buffett’s Berkshire Hathaway has quietly racked up a $6 billion gain on GM and BYD in the past 5 months
Warren Buffett. REUTERS/Jo Yong-Hak Warren Buffett is a surprise winner in the electric-vehicle revolution. Berkshire Hathaway owns stakes in General Motors and...
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Top 20 rainmakers — Blackstone’s Bumble boost— Wall Street’s talent war
Hi readers! Welcome to the long weekend and to Insider Finance. Here’s a rundown of the must-know stories from the past week:...
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Big banks, including Deutsche Bank and Bank of America, are testing employees for COVID-19 before they step into the office. Here’s how they are doing it
As COVID-19 continues to spread, big banks worldwide are monitoring staff that come into the office. Deutsche Bank, Credit Suisse, and BoA...
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FT Partners, a top fintech deal advisor, is now raising its own $400 million SPAC with a private equity firm
Investment bank FT Partners and private equity firm Bregal Sagemount are seeking to raise $400 million through a blank-check company. The partners...
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Monday is Presidents Day. These are 19 financial perks of being the president of the United States.
Presidents Day is Monday, February 15. Joe Biden was sworn into office on January 20 as the 46th US president. Biden gets...
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A fumbled layoff hurt morale at Exxon, and it could hinder the oil giant’s recovery
Welcome to Insider Energy, a weekly energy newsletter brought to you by Business Insider. Here’s what you need to know: Want to...
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The boss of KPMG UK has quit after telling staff to stop moaning about the pandemic. He also added that unconscious bias training was ‘utter c–p’
Bill Michael, KPMG UK boss, resigned Friday after telling staff to quit moaning about the pandemic. He told consultants they were very...