Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.Pick, a Morgan ...
Tag: Business
GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks
DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to bargaining ...
McDonald’s is about to report earnings. Here’s what to expect
A McDonald's restaurant is seen in Belmont, California, on April 3, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesMcDonald's is ...
How Innovation Refunds cashed in on the Employee Retention Credit
The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during ...
Meta widens revenue guidance range because of Middle East unpredictability
Omar Marques | Lightrocket | Getty ImagesIn Meta's earnings report on Wednesday, the company gave guidance for the fourth quarter, ...
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana.Luke Sharrett | Bloomberg ...
Supermarket bank branches are closing 7 times faster than other locations
Customers at a Safeway store in San Francisco.Getty ImagesAmerican banks have been shuttering branches located within supermarket chains at a ...
Google commits to invest $2 billion in OpenAI competitor Anthropic
Jakub Porzycki | Nurphoto | Getty ImagesGoogle agreed to invest up to $2 billion in Anthropic, the artificial intelligence startup ...
Abercrombie & Fitch, ex-CEO sued over sex abuse and trafficking accusations
Abercrombie & Fitch is in the middle of a major comeback, but the retailer is still being haunted by the ...
Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Microsoft CEO Satya Nadella, left, departs from federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ...
