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Business
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Starbucks to cut corporate jobs as CEO continues overhaul of coffee giant
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a…
CNN Settles Defamation Suit After Being Ordered to Pay $5 Million
A jury in Florida on Friday ordered CNN to pay $5 million for defaming a private security contractor…
Tech founder pledges to give away half his wealth to ‘share’ the American dream, address inequality
Unfair. Astonishing. Un-American. That is how tech entrepreneur Jeff Atwood sees the staggering wealth inequality in the U.S. today. In…
Supreme Court Backs Law Requiring TikTok to Be Sold or Banned
A unanimous Supreme Court on Friday upheld a law that effectively bans the wildly popular app TikTok in…
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have…
World Economic Forum: Will Trump and Davos Herald a New World Disorder
Davos is coming just in time for the inauguration of Donald J. Trump 2.0, and Europe is anxious.…
World Economic Forum: Behind the Scenes at Davos
The World Economic Forum’s annual meeting, commonly referred to as Davos, welcomes more than 3,000 global leaders from…
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management…
Ahead of Trump Presidency, the Fed Quits Global Climate Network
The Federal Reserve has withdrawn from a network of global financial regulators focused on climate risk days before…
Goldman’s David Solomon toasts 63rd birthday with $39M payday — a 26% bump from last year
Goldman Sachs CEO David Solomon received the birthday present of a lifetime on Friday as the bank announced…