investments
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Business
Goldman Sachs will reportedly fire more than 1,300 employees
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of…
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Business
BlackRock support for ESG shareholder resolutions hits fresh low
BlackRock, the world’s biggest asset manager, cut its support for shareholder proposals linked to environmental and social issues to a…
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Business
Bill Ackman’s hedge fund bets on Nike in first new investments in over a year
Billionaire investor William Ackman built new stakes in sportswear company Nike and investment management company Brookfield during the second quarter, according to…
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Business
Jamie Dimon’s JPMorgan deputy sees power base eroded by boss
JPMorgan Chase CEO Jamie Dimon elevated executives at the banking giant who are seen as loyal to him — at…
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Tech
Silicon Valley cheers JD Vance, more tech billionaires back Trump
Donald Trump’s selection of Sen. JD Vance as his 2024 running mate is seen as a potential windfall for Silicon…
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Business
Rivian soars as Volkswagen plows $5B into EV maker: ‘Game changer’
Electric car maker Rivian’s shares soared 28% Wednesday after Volkswagen revealed it would invest up to $5 billion to jumpstart…
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Business
This stock index – which you maybe never heard of – is nearly as vibrant as tech
With AI hype dominating the stock market, you can probably guess – and guess correctly – that this year’s top-performing…
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Business
Carl Icahn owns sizable stake in Caesars Entertainment: report
Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported Friday citing sources familiar with the…
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Business
Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report
Billionaire Nelson Peltz’s Trian Fund Management has sold its entire stake in Walt Disney after a boardroom battle with the media giant,…
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Business
Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime
Hacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that…
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