Your Custom Text Here
The days of job security on Wall Street were short-lived.
Goldman Sachs Group Inc.’s second round of several hundred firings in the course of three months is another sign that the pandemic pause on layoffs just kicked the cost-cutting can down the road. The bank and its biggest rivals have started to trim small numbers, but 2021 is expected to bring deeper cuts. READ MORE
Don’t look now, but Bitcoin is back.
After a couple of big crashes that destroyed billions in value, the digital currency has rebounded to its highest value since January 2018, crossing $18,000 this week. READ MORE
A wrongful death lawsuit alleges managers at the Tyson Foods pork processing facility in Waterloo, Iowa, bet money on how many workers would catch the virus during the early stages of the COVID-19 pandemic, according to an amended complaint filed on Wednesday, initially reported on by the Iowa Capital Dispatch. READ MORE
Elon Musk's Tesla is way more than just an electric-car maker, according to Morgan Stanley.
That's why the firm says the stock can continue to climb, building on its 428% advance this year, as it transforms to a software/connected vehicle services provider -- the “entry ticket” to a much larger business. READ MORE
Walmart earnings are surging, Amazon is expanding into pharmacies and Wall Street indices are hitting record highs, but data released Tuesday shows traditional retailers struggling to keep up as the Covid-19 pandemic disrupts the US economy. READ MORE
News of promising Covid vaccines could get you back into the office sooner than you thought.
But can your employer actually require you to get vaccinated? READ MORE
Tesla has no shortage of doubters. But on Monday, the company got a stamp of approval from Wall Street that sends a clear message: It's time for the fast-growing electric carmaker to go mainstream. READ MORE
Fortune’s announcement follows an increase in employers self-reporting on D&I progress. PwC and Glassdoor, for example, released workforce D&I reports for the first time this year. And others, like the Washington Post, have promised to do so in the near future. READ MORE
Silicon Valley’s biggest companies are snapping up the people and technology behind some of Hollywood’s blockbusters in an effort to improve their augmented- and virtual-reality offerings. READ MORE
The U.S. economy grew at a record-shattering pace in the third quarter as businesses reopened from the coronavirus shutdown, but the nation remains in a deep hole from the COVID-induced recession. READ MORE
Wells Fargo & Co is exploring a sale of its asset management business, in what would be the U.S. bank's biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said on Thursday. READ MORE
Given the nature of Microsoft's business as a software and hardware creator, some employees with roles that require a physical presence won't be able to take advantage of the new "hybrid workplace" policy, according to the report. Employees involved in hardware research and development, for instance, or employees involved with in-person training, won't be able to do that work remotely. READ MORE
Michael Bloomberg has been in talks to take his media empire public through an entity controlled by billionaire Bill Ackman, The Post has learned. READ MORE
The food service industry is betting big on vertical farming as the pandemic ushers in a heightened awareness of food safety and cleanliness. READ MORE
As the U.S. grapples with unemployment because of the coronavirus pandemic, a new report could help people who are trying to figure out where to look for a new job.
On Monday, SmartAsset published a list of the fastest-growing jobs in every state. According to the report, overall industry trends can give people a sense of what occupations could have open positions. READ MORE
Quisque iaculis facilisis lacinia. Mauris euismod pellentesque tellus sit amet mollis.