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- Health
Exxon Sees Green Gold in Algae-Based Fuels. Skeptics See Greenwashing.
Some scientists regard Exxon Mobil Corp.’s long-running quest to turn algae into a transportation fuel as little more than a…
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The Colorado River Is in Crisis. The Walton Family Is Pushing a Solution.
The first-ever official shortage on the Colorado River has intensified a debate over how to provide water for 40 million…
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The Facebook Whistleblower, Frances Haugen, Says She Wants to Fix the Company, Not Harm It
Frances Haugen, a former product manager hired to help protect against election interference on Facebook, said she had grown frustrated…
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Apple Doesn’t Make Videogames. But It’s the Hottest Player in Gaming.
Apple Inc. AAPL 0.81% doesn’t make hot videogames such as “Fortnite,” or consoles such as the Xbox. But with little…
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Parents, Here Are Teen Girls’ Rules for Instagram
Instagram can be toxic to teen girls. Plenty of people outside of Facebook Inc. have said it. My colleagues recently…
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Zoom Enters an Awkward Phase
The deterioration of Zoom’s market value since the deal announcement erased any premium for Five9’s investors. Photo: Jason Henry for…
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Amazon’s New Devices: the Astro Home Robot, a Smart Thermostat, a Wall-Mounted Echo Show and More
Amazon.com Inc. AMZN -2.64% streamed a media event Tuesday focused on new devices. As you might expect, it included updates…
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Spotify Kicks Off Campaign to Win More Advertisers
Spotify Technology SA began its first global brand campaign designed to court marketers as the audiostreaming giant tries to expand…
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Logistics Operators Raise Pay, Enlist Robots to Meet Holiday Demand
Warehouse operators are throwing every tool they can at increasingly urgent efforts to hire seasonal workers as they brace for…
Read More » - Market
Costco Limits Toilet Paper Purchases as Shortages Make an Unwelcome Return
A customer at a Giant store reaches for one of the last packages of toilet paper, which became scarce after…
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Digital Addictions Are Drowning Us in Dopamine
A patient of mine, a bright and thoughtful young man in his early 20s, came to see me for debilitating…
Read More » - Finance
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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Can Robinhood thread the needle for a winning IPO?
Initial public offerings can be a little bit like politics: a decent outcome may be when everyone is only a…
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Xavier Rolet on his 130-hour weeks at Goldman: ‘Not sure what today’s generation is complaining about’
How many hours do you really need to clock in investment banking? A group of first-year Goldman Sachs analysts, stretched…
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Security-Camera Tips to Keep Your Home Safe While You Are Away
I joined the summer travel surge last month. In the whirlwind of it all, I remembered to pack my bags,…
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Goldman Sachs names Kelleners as European M&A head
Goldman Sachs has promoted long-serving dealmaker Andre Kelleners to head of mergers and acquisitions for Europe, the Middle East and…
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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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Barclays blocks customers from sending funds to crypto exchange Binance
Barclays customers in the UK have been blocked from transferring funds to cryptocurrency exchange Binance after the latter faced heat…
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Barclays hikes analyst pay to $100,000 amid junior burnout crisis
Barclays has followed Wall Street rivals by hiking the base pay for entry-level bankers to $100,000, bringing it in line…
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Citi investment bank boss says flexible working could give it a talent edge over rivals
Citigroup’s plans to offer flexible working to its employees could give it the edge in attracting talent over its Wall…
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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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Citi dealmaker Shabi steps down after three decades at the bank
A senior dealmaker who has spent three decades at Citigroup is stepping down. Cyrus Shabi, co-head of its global building products investment…
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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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Credit Suisse enters standstill agreement with Gupta’s GFG Alliance
GFG Alliance said on 23 June it has penned a standstill agreement with Credit Suisse on the Australian unit that…
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PwC UK promotes 63 to partner — here are the names
Big Four consulting firm PwC has promoted 63 new partners, with its deals practice receiving the lion’s share of the…
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Sajid Javid set to leave JPMorgan after shock health secretary post
The UK’s newly-appointed health secretary Sajid Javid is to step down from his post as a senior adviser on the JPMorgan’s advisory…
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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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World Economic Forum cancels August Singapore meeting
The World Economic Forum has cancelled its August meeting in Singapore because of renewed fears over the Covid-19 pandemic. As recently…
Read More » - Health
BlackRock at Odds With Warren Buffett’s Berkshire Hathaway Over Disclosures
The world’s largest asset manager is in disagreement with the world’s most famous investor. BlackRock Inc. voted for two shareholder…
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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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Dutch insurer NN Group ‘reviewing options’ for fund management arm
NN Group, the Dutch insurer, has announced it is “reviewing strategic options” for its investment management business, paving the way…
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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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