Career Financial News

The financial services industry has a history of furthering inequality — both within the business and the wider public — and that’s something that consumers want it to address.

Walmart, the nation’s largest private employer, is making adjustments to its pay scale that will have some new store workers like those picking online orders start at lower hourly pay than it did a few months ago

WASHINGTON—Ashley Lair was struggling to pay rent when she decided to leave her bartending job last year and pursue a new career in the construction industry. Now, a year into her apprenticeship, Lair drives haul trucks and transports dirt, gravel and rocks for a highway project. She earns $38 an hour, plus overtime—more than double her pay as a bartender.

Deepak Parekh, former chairman of HDFC Limited, today said that the most difficult decision he had to make in his career was stepping down as Executive Chairman of HDFC at the age of 65. At that time, the board expressed a desire for him to continue, but Parekh made the tough choice to retire, believing it was essential to create opportunities for the next lot. «I decided after a lot of thinking and much against my family's wishes that it is not fair for me to continue, and I retired in my 65th year as the executive chairman of HDFC,” said Parekh speaking to an audience during the global Fintech fest on Thursday. “I thought if I continued, it would come in the way of the next lot of people.“ He added that this retirement meant that for the past 13 years, Parekh hasn't received any salary, and as a non-executive chairman, he wasn't entitled to stock options.

Validus Financial Associates, which oversaw approximately $800 million in assets at Lincoln Financial Group, has found a new home at LPL Financial, the firm announced Wednesday.

Former Major League Baseball star Brandon Phillips and current women's pro wrestler Jade Cargill took on professional sports franchise ownership together less than a year ago

Musk was seen for the first time with his twins Strider and Azure, along with their mother, venture capitalist Shivon Zhilis. The picture was shared by Musk’s biographer Walter Isaacson, on his X handle. In the picture, the 52-year-old business tycoon could be seen sitting cross-legged on a couch with one of the twins on his lap, while the other is being held by Zhilis. Another picture shows one of the twins hovering near a robot. Dropping the pictures, the veteran journalist wrote, “Ever since imbibing Isaac Asimov's stories as a kid, Musk has worried that our robots could turn on us. This Time excerpt explains why and what he’s doing about it.” “For a moment I was struck by the oddness of the scene,” Isaacson wrote. “We were sitting on a suburban patio by a tranquil backyard swimming pool on a sunny spring day, with two bright-eyed twins learning to toddle, as Musk somberly speculated about the window of opportunity for building a sustainable human colony on Mars before an AI apocalypse destroyed earthly civilization,” he tweeted. The photo was taken at Zilis’s home in Austin, Texas. The twins were born in November 2021, weeks before Musk and Canadian songstress Grimes welcomed their second child via surrogacy.

The grant was sanctioned during the 2nd board meeting of Startup Odisha (an initiative backed by MSME, Odisha) chaired by Omkar Rai, Chairman of Startup Odisha, and witnessed the participation of Saswat Mishra, Principal Secretary of the MSME Department, Government of Odisha, alongside representatives from government bodies, industry, and academia. According to a statement, Startup Odisha's board committee evaluates and endorses financial support for recognized startups and incubators while formulating a comprehensive framework for nurturing the state's startup ecosystem. The 10 selected startups include Axonotics, EME Technologies, Foliyoo Technologies, Indersons Services, Happiness Under Budget, Lex Protector, Sabhyasha Retail Tech, Zentai Workforce, Kickstart Careers, and Manikstu Agro. These vary across categories such as Agri-tech, food and beverages, HR-Tech, enterprise technology, retail, education, and logistics.They will receive the grant in phases, contingent upon their progress and achievement of milestones.

Kidane, a 22-year-old Netflix engineer who had gone missing in mid-August. The young software engineer had recently graduated from Cornell University and embarked on a promising career with Netflix, relocating to the vibrant Bay Area to pursue his passion for software engineering.Yohanes Kidane's disappearance sent shockwaves through the tech community and his family as he was last seen getting into an Uber in mid-August, leaving his San Jose apartment.

Mexico is poised to make history in 2024 with its first female president as both the governing Morena party and the opposition coalition have chosen women as their candidates for the upcoming presidential election. Let's get to know these remarkable women who could potentially lead Mexico into a new era of leadership.

Gary Busey, aged 79, is facing accusations of involvement in a hit-and-run collision in Malibu, According to a statement by the Los Angeles County Sheriff's Department provided to USA TODAY. The media reports have also stated that allegedly, Busey was driving a blue Volvo on August 30 in the late afternoon when he collided with another driver. The driver involved in the incident reported that «he refused to stop after the collision occurred and refused to provide proof of registration and financial responsibility,» as stated in the news release. The incident took place on the 23000 block of Pacific Coast Highway, which is the location of the Malibu Pier. As of now, representatives for Gary Busey have not officially commented on the situation. If you have any information about the collision, you are encouraged to contact the Malibu/Lost Hills Sheriff’s Station's Traffic Investigations Office at 818-878-1808. It's worth noting that in 2015, the LA County Sheriff's Department reported an incident in which Busey struck and slightly injured a woman with his car while backing out of a shopping center parking lot in Malibu. She received on-site treatment and was released. Additionally, last year, he faced charges including two counts of fourth-degree criminal sexual contact, one count of attempted criminal sexual contact, and one count of harassment at the Monster-Mania Convention in New Jersey. Gary Busey gained fame for his portrayal of Buddy Holly in the 1978 film «The Buddy Holly Story,» which earned him an Academy Award nomination.

A slump in demand hit profit and partner pay at Australian law firms in the first half of last financial year, but a world-leading recovery ensured the industry finished the year on a high.

LOS ANGELES (Reuters) — Former Amazon executive Dave Clark on Wednesday announced that he will resign as CEO of Flexport, one of the best funded U.S. logistics startups.

Princeton University takes top honors in our new ranking of the best colleges in the U.S. What makes a college like Princeton great? There are the facilities and the faculties, the coursework and the camaraderie, the skills and experiences and knowledge that prepare students for their lives and their careers. No doubt these are important.

The Rolling Stones are returning with their first collection of original songs since 2005. The British rock-music architects held a media event in Hackney, an area in east London, on Wednesday where they unpacked details of their coming album, “Hackney Diamonds." As part of the event, Mick Jagger, Keith Richards and Ronnie Wood fielded questions from American comedian and late-night show host Jimmy Fallon. The launch, which was livestreamed on YouTube, followed a teaser campaign that included a snippet of a new song and a mysterious advertisement placed in the Hackney Gazette, a local newspaper.