Business
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Fed’s Bostic warns US progress on inflation is likely to slow
Atlanta Federal Reserve President Raphael Bostic said inflation could “see-saw” if policymakers cut interest rates too soon, warning that inflation’s…
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BlackRock makes huge bet with $12.5B deal for Global Infrastructure Partners
BlackRock said Friday it would buy Global Infrastructure Partners for $12.5 billion in a major bet on alternative assets and announced…
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Citi to cut 20K jobs after worst fourth-quarter loss in 15 years
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings…
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Universal Music, home to Taylor Swift, planning job cuts
Universal Music Group, home of billionaire singer Taylor Swift, plans layoffs that can number in the hundreds this year, a company…
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North Carolina latest to scoop retirement funds from Ben & Jerry’s over ice cream brand’s Israel boycott
North Carolina closed out last year by becoming the most recent state to divest its public employee pension from the corporate…
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Crypto-hating Gary Gensler bites the bullet by aiding the ‘Wild West’ of investing
So Gary did it. The famously crypto-hating chairman of the Securities and Exchange Commission, the man who so reviles digital…
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Supreme Court to hear dispute over Starbucks firing pro-union workers
The US Supreme Court on Friday agreed to hear a challenge by Starbucks to a judicial decision that required the coffee…
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Davos party secrets: Caviar, magic mushrooms, champagne
Forget the fondue. Caviar, magic mushrooms, gold-leaf desserts, A-list selfies, $2,500-per-night hookers and secret dinners are likely to be on…
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ESPN, NFL in advanced talks on agreement that could give league equity in TV giant
ESPN and the NFL are in advanced talks that could result in the league taking an equity stake in ESPN,…
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Bud Light brewer AB InBev to sponsor Olympics after Dylan Mulvaney fiasco
Embattled beer king Anheuser-Busch — which has seen sales nosedive over Bud Light’s Dylan Mulvaney fiasco — has a new…
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