CEO Financial News

01.11 / 23:57

Waves Target CEO economy social 2024 fall DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a recession next year.

01.11 / 22:59

CEO Platform show The Prosecution and the Defense in SBF Trial Face-off during Closing Arguments

Defense attorney Mark Cohen claimed the prosecution in the trial of FTX founder Sam Bankman-Fried “has sought to turn Sam into some sort of monster.”

01.11 / 21:07

CEO Strategy reports Financial Prudential Financial's third-quarter profit boosted by US unit growth

(Reuters) — Prudential Financial (NYSE:PRU) reported a rise in third-quarter adjusted profit on Wednesday, as the insurer's U.S. unit logged strong growth driven by higher net investment spread and lower expenses.

01.11 / 21:07

Provident CEO innovations Alexandra Lebenthal joins Rockefeller

Alexandra Lebenthal, former CEO of Lebenthal & Co., has joined Rockefeller Capital Management as a managing director and senior banker in the firm’s strategic advisory division.

01.11 / 21:07

CEO Action Enterprise reports recommendations Real estate firm that raised money through IBDs blows up

iCap Enterprises Inc., a real estate investor and manager that raised $245 million from investors by selling through independent broker-dealers, declared bankruptcy near the end of September, and now clients who bought the high-risk securities are suing those firms.

01.11 / 19:18

Blockchain Ethereum CEO Platform Inside social guidelines Cubist Revolutionizes Wallet Management with New Wallet-as-a-Service Platform

Blockchain startup Cubist has publicly launched a new “wallet-as-a-service” (WaaS) product, seeking to tackle the wallet management challenges behind making account keys both readily available and secure.

01.11 / 19:15

Digital CEO WhatsApp country Schneider plans new battery tech in India

₹3,200 crore across segments in the country. “We are looking to invest ₹3,200 crore in the next few years up to 2026. Be it electric vehicle, efficiency, smart home, microgrid, or prosumer story," he said.

01.11 / 18:21

Provident CEO President acquires Choreo acquires $8.1B wealth management unit of accounting firm BDO

Choreo, a Chicago-based registered investment advisor, is acquiring the wealth management business of accounting firm BDO USA, which oversees roughly $8.1 billion in assets under advisement or management, the firm announced Wednesday.

01.11 / 17:49

Provident CEO Align reports Q3 Apollo cheers high-rates windfall in Q3 earnings

By Chibuike Oguh

01.11 / 17:49

Williams CEO Airlines pandemic JetBlue Department Spirit Airlines CEO defends JetBlue merger in US antitrust trial

By Nate Raymond

01.11 / 17:19

CEO Landmark Action Parke President country reports Countries at a UK summit pledge to tackle AI's potentially 'catastrophic' risks

Delegates from 28 nations, including the U.S. and China, have agreed to work together to contain the potential “catastrophic” risks posed by galloping advances in artificial intelligence

01.11 / 17:19

Provident Booking CEO pandemic cover reports CVS Health books strong 3Q but the health care giant preaches caution on next year

CVS Health beat third-quarter forecasts thanks partially to its growing pharmacy benefits management side, but the health care giant is cautious about next year

01.11 / 17:19

CEO economy Southern track Union Pacific eliminates management jobs as part of plan to speed decision making at the railroad

Union Pacific is trimming the ranks of the railroad's management employees as part of the new CEO's push to eliminate layers of bosses involved in decisions

01.11 / 17:19

FIVE Manufacturing CEO Rhythm Healthcare innovations reports Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar

A business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022

01.11 / 17:19

Citi Extreme CEO economy Southern stage Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry

01.11 / 17:19

Aware CEO Dreams Puzzle Qualcomm information donates Summer Science Program spent $2 million last year serving 204 students. Then, they got a $200M gift.

A small nonprofit, Summer Science Program, has puzzled for much of the last year over what do to with a surprise bequest of an estimated $200 million

01.11 / 16:41

CEO Action Software Healthcare Experts show Department Ahead of Market: 10 things that will decide D-Street action on Thursday

The NSE Nifty 50 index settled 0.47% lower at 18,989, while the S&P BSE Sensex fell 0.44% to 63,591. Here's how analysts read the market pulse: «Prior to the FOMC meeting, the index faced selling pressure from higher levels but successfully held the 18,940 support level. Immediate resistance on the upside is identified at 19,100, and a breakout above this level may trigger short-covering moves toward the 19,250-19,300 range.

01.11 / 16:12

Reuters CEO WhatsApp reports WeWork stock tanks 50% after bankruptcy report

WeWork can reach a short-term accommodation with bondholders to stave off a near-term bankruptcy, it likely holds many long-term office leases that will need to be restructured or written off," Jason Benowitz, senior portfolio manager at CI Roosevelt Private Wealth in New York told news agency Reuters. "WeWork remains a significant tenant in some major urban office markets and its failure or restructuring may further weigh on industry fundamentals," Jason added.

01.11 / 16:11

Provident Reuters CEO economy consequences Financial Credit Suisse intervention avoided 'financial crisis,' Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank's interventions during the fall of Credit Suisse were «crucial» to avoid a «financial crisis» worldwide.

01.11 / 15:15

Google CEO Parke President cover reports International UK to Host First International AI Safety Conference in November

In a strategic move to establish itself as a global mediator in technology discussions, the UK government has revealed plans for an International AI Safety Summit. Scheduled to occur on November 1 and 2, the summit aims to engage the UK with other influential nations such as the United States, China, and the European Union. This initiative gains significance as the UK prepares for its exit from the EU, striving to maintain a leading role in global tech policy.

01.11 / 15:15

Ethereum Provident Digital CEO Platform President Bitcoin cryptocurrency trading Portal WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal

In a stride towards embracing digital currency, WeStreet Credit Union, based in Tulsa, Oklahoma, has unveiled a Crypto Portal to facilitate the buying, selling, and holding of cryptocurrencies for its members and the general public. Initially launched in August 2023 as a members-only feature, the portal extended its access to the public in October.

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