CEO Financial News
05.12 / 19:47
CEO
JPMorgan
economy
Citigroup
country
Wall Street bank bosses warn lawmakers over new regulations
WASHINGTON (Reuters) — The top bosses of JPMorgan, Morgan Stanley, Citigroup and other major banks will warn lawmakers that new regulations will hurt credit and the broader economy, according to prepared testimony published on Tuesday.
05.12 / 18:43
CEO
pandemic
cover
Developers now focus on new growth menu: Food-only malls
While Bengaluru-based Prestige has recently opened a 125,000 sq ft mall housing only restaurants and cinema, it is planning a 500,000 sq ft mall on a similar concept. Delhi-based Omaxe Group is developing a mall in New Delhi's Chandni Chowk area where 70% of the space will be dedicated to restaurants; another listed developer Signature Global already runs a food-only mall in Ghaziabad.
05.12 / 18:18
Provident
Reuters
CEO
Software
Browser
recommendations
stake
SoftBank Corp buys $514 million majority stake in car software firm Cubic Telecom
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05.12 / 18:15
05.12 / 17:35
05.12 / 17:35
Provident
CEO
JPMorgan
Action
Alecta to lead class action against First Republic Bank
COPENHAGEN (Reuters) — Swedish pension fund Alecta said on Tuesday it had been appointed by a U.S. court to lead a class action against First Republic Bank (OTC:FRCB) aimed at recovering as much capital as possible that investors lost when the bank collapsed earlier this year.
05.12 / 17:20
FIVE
CEO
Action
President
FirstEnergy
2020
travelers
Utility
Former top Ohio utility regulator surrenders in $60 million bribery scheme
Ohio’s former top utility regulator has pleaded not guilty in connection with a $60 million bribery scheme
05.12 / 17:20
Provident
Coca-Cola
Manufacturing
CEO
Apple
Bill
prevention
Warren Buffett's company's bribery allegations against the Haslam family won't be decided in January
Warren Buffett's company decided not to move forward with an expedited trial on its bribery allegations against the billionaire Haslam family in January under the strict conditions a judge set
05.12 / 17:20
Google
CEO
2020
Spotify axes 17% of workforce in third round of layoffs this year
Spotify says it’s axing 17% of its global workforce in the music streaming service’s third round of layoffs this year
05.12 / 17:19
BLOCK
Williams
CEO
JetBlue
travelers
Department
Trial to determine whether JetBlue can buy Spirit comes to a head
JetBlue says it needs to buy Spirit Airlines to compete with bigger airlines in a post-Covid travel world
05.12 / 17:19
CEO
Action
social
Department
gatherings
prevention
donates
500
Whistleblower allegation: Harvard muzzled disinfo team after $500 million Zuckerberg donation
A prominent disinformation scholar is accusing Harvard University in a whistleblower disclosure of muzzling her speech and stifling — then dismantling — her research team as it launched a deep dive into a damning trove of Facebook files
05.12 / 17:19
Citi
CEO
Fallout
cover
Department
gatherings
GM's Cruise robotaxi service faces fine in alleged cover-up of San Francisco accident's severity
California regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California ...
05.12 / 17:19
Citi
FIVE
CEO
President
2020
Tokyo Olympics sullied by bid-rigging, bribery trials more than 2 years after the Games closed
The bid-rigging trial around the Tokyo Olympics is playing out in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges
05.12 / 17:01
Blockchain
Binance
CEO
coinbase
Bill
Crypto Lobbying
Cryptocurrency Industry Spends Record $18.96 Million in Federal Lobbying So Far in 2023
The cryptocurrency industry has spent a staggering $18.96 million in federal lobbying in the first three quarters of 2023.
05.12 / 15:21
CEO
Assurant
tenor
IIFL Samasta to raise funds up to ₹1,000 crore via bonds; details here
₹1,000 crore through its inaugural public offering of secured bonds. The objective behind this fundraising initiative is to support business expansion and bolster capital resources. These bonds present an interest rate of up to 10.50% and assure a high level of safety for investors.
05.12 / 14:25
05.12 / 14:19
05.12 / 14:11
05.12 / 14:07
Provident
CEO
Assurant
Death
cover
hospital
Aditya Birla Sun Life launches budget-friendly term plan for salaried professionals – Check details
Aditya Birla Sun Life Insurance Company Limited (ABSLI), the life insurance subsidiary of Aditya Birla Capital, has announced the launch of ‘ABSLI Salaried Term Plan’ – a customised and budget-friendly protection solution for salaried professionals. It is a Non-Linked, Non-Participating, Life Individual, Pure Risk, Premium Plan, that offers salaried professionals the freedom to design plans, as per their individual protection needs.
05.12 / 14:07
Provident
CEO
Strategy
Align
Parke
performer
information
HIGHER-INCOME INDIVIDUALS GET MAXIMUM BENEFIT: Attractive spread drives arbitrage funds
Investors are increasingly preferring arbitrage funds over liquid and ultra-short-term funds for parking their short-term capital to capitalise on the price differentials between cash and derivative markets. The tax structure is also making these funds attractive for individuals in the highest tax bracket.
05.12 / 14:07
Provident
Career
CEO
cover
5 things to know before availing an education loan
Education loans play a pivotal role in shaping the academic aspirations of students across India. As the cost of education continues to rise, these loans serve as a financial bridge, enabling individuals to pursue higher studies and achieve their career goals.
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