Category Archives:
Better.com CEO apologizes after laying off 900 employees via Zoom call
(Reuters) - The chief executive of Better.com apologized for his manner of handling layoffs at the mortgage company after a video of him firing 900 people last week via a Zoom call went viral on socia...
Syndicated Content Dec 08, 2021
Google to give additional staff bonus next year
By Maria Ponnezhath (Reuters) - Alphabet Inc's Google said on Wednesday it will give an additional bonus next year to its employees globally, as the tech giant pushes back its return-to-office plan. G...
Syndicated Content Dec 08, 2021
Analysis-Alibaba’s e-commerce empire under threat from Douyin, Pinduoduo
By Sophie Yu and Josh Horwitz BEIJING (Reuters) - For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an i...
Syndicated Content Dec 08, 2021
Judge to review New York City vaccine mandate for public sector
By Jonathan Stempel NEW YORK (Reuters) - A New York judge has scheduled a hearing for next Tuesday to consider whether to block New York City from enforcing its COVID-19 vaccine mandate for public-sec...
Syndicated Content Dec 08, 2021
JPMorgan see 10% decline in 4Q markets revenue from year-earlier record
NEW YORK (Reuters) - JPMorgan Chase & Co expects its fourth-quarter markets revenue will be down about 10 percent from a record performance a year earlier, Chief Operating Officer Daniel Pinto said on...
Syndicated Content Dec 08, 2021
Australia regulator greenlights $17 billion Sydney Airport takeover
(Reuters) - Australia's competition regulator on Thursday approved a A$23.6 billion ($16.92 billion) takeover of Sydney Airport Holdings, bringing one of the country's biggest buyouts closer to fruiti...
Syndicated Content Dec 08, 2021
Australia’s central bank sceptical on digital A$, but that could change
SYDNEY (Reuters) - The head of Australia's central bank still sees no strong case for a retail digital currency in the country, though he conceded one could emerge as technology and public preferences...
Syndicated Content Dec 08, 2021
Australian regulator sues ANZ for failing to provide benefits to half a million customers
(Reuters) -Australia's securities regulator said on Thursday it was suing Australia and New Zealand Banking Group for failing to provide over half a million customers with promised benefits, which led...
Syndicated Content Dec 08, 2021
Brazil central bank makes 150 bps interest rate hike, signals another
BRASILIA (Reuters) -Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike in February, waging one of the world's most aggressive battles with infl...
Syndicated Content Dec 08, 2021
Cathie Wood’s newest ARK ETF rises in first day of trading
By David Randall NEW YORK (Reuters) - A new socially focused fund from star stock picker Cathie Wood's ARK Invest rose 1.5% in its first day of trading Wednesday. The ARK Transparency ETF, which the f...
Syndicated Content Dec 08, 2021
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