breaking business news
- Finance
Start-Up Funding Falls the Most It Has Since 2019
SAN FRANCISCO — For the first time in three years, start-up funding is dropping. The numbers are stark. Investments in…
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Fed Moves Toward Another Big Rate Increase as Inflation Lingers
WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of the American…
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Nonprofits’ critical role in deploying federal investments: Observations from the Transforming Cities Lab
As the second tranche of federal American Rescue Plan Act (ARP) funding flows to municipalities around the country, new realities…
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Improving Syrian Refugee Inclusion in the Turkish Economy: How Can the International Community Help? – World Refugee & Migration Council
World Refugee & Migration Council Research Report M. Murat Erdoğan, Kemal Kirişci and Gökce Uysal This research report was produced…
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Ex-Lanistar staff allege bullying, sexism, and a ‘loser’s table’ for missing targets
Staff at celebrity-promoted fintech startup Lanistar were routinely sexually harassed and bullied over the past year, according to the accounts…
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Inside Lazard’s ‘commando’ dealmaker team and expansion plans: ‘We’re aggressively hiring’
William McRaven was the former head of US special operations who oversaw the raid that led to the death of…
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JPMorgan’s trading platform Neovest fined for operating as an unregistered broker-dealer
The Securities and Exchange Commission said it has charged Neovest, a JPMorgan unit that provides an electronic trading platform, for…
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The EU’s digital wallet — the direction of travel for financial services?
Earlier this month, the EU unveiled plans to introduce a bloc-wide digital identity wallet as Covid-19 continues to turbocharge digital…
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Goldman Sachs to buy Lloyd’s Register assurance and cybersecurity arm
Goldman Sachs’ asset management arm is to buy the business assurance and cybersecurity unit of professional services firm Lloyd’s Register,…
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JPMorgan increases entry level salaries for junior bankers to $100,000
JPMorgan has joined rivals in hiking pay for junior bankers, with first-year analysts now offered starting salaries of $100,000. The…
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Ashurst elects London corporate partner Karen Davies as first female chair
Partners at law firm Ashurst have elected London corporate heavyweight Karen Davies as their first female chair. Davies, the firm’s UK…
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Goldman Sachs offers Covid-19 vaccines to thousands of staff in India as infections soar
Goldman Sachs is offering Covid-19 vaccinations to thousands of its staff in India and rolling out fresh relief efforts in…
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Investigation launched into PM’s texts to Dyson
The prime minister’s office has instructed the UK’s Cabinet Office to investigate Prime Minister Boris Johnson’s texts with vacuum cleaning tech billionaire…
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UBS starts new bonus for juniors as banks look to combat burnout
UBS has kick-started a new promotion bonus for its junior bankers, and shifted salary increases to the summer in the…
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Oprah’s Oatly aims for IPO
Oatly has formally filed paperwork Monday for an initial public offering in the US, nine months after private-equity giant Blackstone…
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Jamie Dimon: Fintech poses ‘big time’ threat to JPMorgan and major banks
Silicon Valley’s technology prowess poses a major competition threat to Wall Street, JPMorgan boss Jamie Dimon has said. The US…
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