CEO Kelly Ortberg says he will take a pay cut; credit-ratings firms have warned of a downgrade. OpenAI CEO Sam Altman says customer data won't be used to train its base AI models.

AIG has appointed Keith Walsh as Executive Vice President and Chief Financial Officer, effective October 21. Walsh brings ...

Ryan Cohen had amassed more than $100 million in Wells Fargo shares, the threshold for disclosure under the Hart-Scott-Rodino ...

Also Read: GameStop Analyst Says Retailer Could Close All Stores, Operate As Bank To Manage Losses. According to the FTC’s complaint, Cohen’s purchase of more than 562,000 Wells Fargo voting ...

The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its ...

Wells Fargo Investment Institute senior global market strategist Scott Wren says that with the Federal Reserve expected to cut interest rates next week ... JPMorgan (JPM) and GameStop (GME) are among ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

We can pause if that’s appropriate.” Some of the Fed’s decision to make a large rate cut this week was rooted in the job market — unemployment has ticked up to 4.2 percent, up notably from ...

Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wounds are still fairly fresh," ...

GE Vernova Inc. may cut about 900 jobs globally as it moves to shrink its offshore wind business, the latest sign of trouble for the industry. In a proposal to a group that represents European ...

Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the next three years. The cuts amount to several hundred local staff at the ...

Some conservative economists believe that job growth has been even weaker since then.” A 50-basis-point rate cut by the Fed signals its strong desire to stimulate economic growth. Lower interest ...