Month: May 2022
Goldman Sachs gives senior managers a new perk: ‘Flexible vacation’ policy
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time as they want. The investment bank told managing directors and partners last […]
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Ted Cruz wins Supreme Court case challenging campaign-reimbursement restriction
Texas Senator Ted Cruz campaigns with Pennylvania Senate hopeful Dave McCormick, here he pretends to hold a peanut while making a joke about wearing masks to protect against Covid-19. Aimee Dilger | Lightrocket | Getty Images The Supreme Court on Monday ruled in favor of Sen. Ted Cruz, R-Texas, in his challenge of a campaign […]
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Twitter stock has lost all of its gains since Elon Musk disclosed his stake
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Twitter shares have given up all of their gains since Elon Musk disclosed last month that he’d bought a 9% stake in the company. The stock tumbled […]
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Biden set to redeploy U.S. troops to Somalia, reversing Trump withdrawal
US army soldiers stand at an observation point during the “African Lion” military exercise in the Tan-Tan region in southwestern Morocco on June 18, 2021. Fadel Senna | AFP | Getty Images WASHINGTON — President Joe Biden approved a plan to redeploy U.S. troops to Somalia, a senior administration official confirmed to NBC News. The move, a […]
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White House hits back at Amazon’s Bezos after Biden inflation spat
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters The White House on Monday hit back at Amazon founder Jeff Bezos after he took a swipe at President Joe Biden in a series of tweets over the weekend for his comments […]
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Uber’s big new update lets you book party buses, electric vehicles and more — here’s what’s new
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., smiles during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Dec. 14, 2021. David Paul Morris | Reuters Uber announced its latest slate of updates Monday ahead of what’s expected to be a busy travel and events season. The features, announced during […]
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Starbucks to cover employees’ travel expenses for abortions, gender-affirming surgeries
Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Starbucks said Monday it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures. The coffee chain joins Amazon, Apple, Microsoft and Salesforce in offering to reimburse workers for travel costs related to abortions following […]
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Trump’s free to use Twitter if Musk lifts his ban, but he has to post on Truth Social first
Former President Donald Trump speaks to supporters during a rally at the I-80 Speedway on May 01, 2022 in Greenwood, Nebraska. Scott Olson | Getty Images Former President Donald Trump will partially restrict himself on social media, even if Elon Musk lifts Trump’s ban on Twitter, according to an SEC filing from Digital World Acquisition […]
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FDA to investigate delay in baby formula plant inspection, commissioner says
Person’s hand holding a bottle of Similac baby formula from Abbott Laboratories in Lafayette, California, May 13, 2022. Smith Collection | Gado | Archive Photos | Getty Images WASHINGTON — Food and Drug Administration Commissioner Robert Califf said Monday that the agency will investigate why it took so long to dispatch inspectors to the Abbott Nutrition baby formula plant […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly lower after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | Reuters U.S. […]
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