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Report: Goldman Sachs Seeks Alternatives for Consumer Business
Report: Goldman Sachs Seeks Alternatives for Consumer Business
February 28, 2023  |  Banking

Goldman Sachs is reportedly “considering strategic alternatives” for its consumer business. Speaking at the bank’s investor day Tuesday (Feb. 28), CEO David Solomon discussed the...

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Analysts Say JPMorgan Chase Market Cap Could Reach $1 Trillion by 2030
Analysts Say JPMorgan Chase Market Cap Could Reach $1 Trillion by 2030
February 24, 2023  |  Banking

J.P. Morgan Chase & Co. could be worth $1 trillion by 2030. Morgan Stanley analysts said the most valuable U.S. bank — which is currently...

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US Adds 517K Jobs in January, Far Outpacing 2022’s Average
US Adds 517K Jobs in January, Far Outpacing 2022’s Average
February 03, 2023  |  Economy

The U.S. added 517,000 jobs in January — far above 2022’s average monthly gain of 401,000. The additions were widely spread across several sectors, the...

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What Businesses Need to Know to Make Money in the Metaverse
What Businesses Need to Know to Make Money in the Metaverse
January 31, 2023  |  Metaverse

The metaverse has only just entered the mainstream discourse, but this new, immersive internet has already emerged as a lucrative new medium for generating revenue....

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Unit4 Launches Marketplace of Tools for its ERP Customers
Unit4 Launches Marketplace of Tools for its ERP Customers
January 17, 2023  |  Business

Unit4 has launched a marketplace featuring tools that can be added to its enterprise resource planning (ERP) solutions. The new Unit4 Marketplace showcases apps from...

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Subway Reportedly Explores Sale as Major Restaurants Rethink Their Business
Subway Reportedly Explores Sale as Major Restaurants Rethink Their Business
January 12, 2023  |  Restaurant innovation

Subway may be the latest high-profile restaurant to undergo a major change amid industry-wide challenges. The quick-service restaurant (QSR) is exploring a sale, valuing the...

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Binance Skeptics Seek Answers Concerning Similarities With FTX Crypto Business Model
Binance Skeptics Seek Answers Concerning Similarities With FTX Crypto Business Model
December 21, 2022  |  Cryptocurrency

After the astounding FTX crypto collapse, investors and industry observers want proof that Binance is different. The leading cryptocurrency exchange and its founder and CEO,...

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FIS Aims to Cut ‘Several Thousand’ Jobs to Restore Investor Confidence
FIS Aims to Cut ‘Several Thousand’ Jobs to Restore Investor Confidence
November 22, 2022  |  Personnel

Financial services technology provider FIS reportedly plans to cut “several thousand” staffers and contractors from a workforce that numbered about 65,000 at the end of...

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New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
November 17, 2022  |  Cryptocurrency

Despite 40 years of corporate restructuring experience, John J. Ray said he’s never seen a company as badly run as fallen cryptocurrency exchange FTX. In...

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