
You'd have to work five lifetimes to make what your boss makes in one year, report shows
The gulf between a CEO's paycheck and their typical employee's has always been vast. But the advent of AI is already threatening to exacerbate that gap, enriching the C-suite at the expense of their employees, according to a new report from the AFL-CIO.
2023-08-04 05:57

JPMorgan says it expects to pay about $3 billion to help refill FDIC fund
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase expects to set aside about $3 billion to replenish the Federal Deposit
2023-08-04 05:54

Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading
2023-08-04 05:47

Airbnb profit jumps to $650 million in 2Q, as bookings increase and rental rates hold steady
Airbnb says its second-quarter profit rose more than 70% from a year ago to $650 million thanks to strong bookings for summer-vacation rentals
2023-08-04 05:47

Tupperware shares soar on agreement with lenders to restructure debt
Tupperware Brands said on Thursday it has finalized an agreement with its lenders to restructure its debt obligations
2023-08-04 05:46

Marketmind: Dodging the US curve ball
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-04 05:46

Nikola gets required shareholder votes for share increase proposal
SAN FRANCISCO Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal
2023-08-04 05:28

Catalight CEO Named to Forbes 50 Over 50
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Aug 3, 2023--
2023-08-04 05:24

The Hamptons Wants to Borrow More as Wealthy Linger Longer
East Hampton, New York, sold debt on Thursday, joining a list of well-off US tourist destinations that have
2023-08-04 05:23

Corteva profit beats expectations on higher seed prices
(Reuters) -Agricultural chemical and seed company Corteva beat Wall Street estimates for second-quarter profit on Thursday, benefiting from strong demand
2023-08-04 05:20

Pembina Pipeline Corporation Reports Results for the Second Quarter 2023 and Declares Quarterly Common Share Dividend
CALGARY, Alberta--(BUSINESS WIRE)--Aug 3, 2023--
2023-08-04 05:15

Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal
By MacDonald Dzirutwe LAGOS Nigeria is turning to gas as an alternative fuel after it scrapped a popular
2023-08-04 04:53