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Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year.Reports suggested between 3% to 5% of Goldman’s employees could be at risk.The bank is eyeing its vice-president ranks for cuts, BI has learned.Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year…
The government runs out of funding on March 14, and lawmakers are having a hard time making a deal.DOGE’s actions in the federal government are contributing to that.”This DOGE bullshit has to end,” one House Democrat said.In a matter of weeks, the United States federal government could shut down for…
Alex Morgan is a former professional soccer player and was captain of the U.S. National Team.The two-time World Cup champion now runs Trybe Ventures, which invests in the sports space.Morgan is looking to bet on women’s teams as well as AI, wellness, and sports media startups.When professional soccer player Alex…
Starbucks is in the middle of a turnaround effort.The coffee chain is making changes, including some later this month, aimed at improving sales.Here are the biggest shifts, from more free refills to the end of Starbucks’ open-door policy.Starbucks is starting off 2025 with some big changes.Former Chipotle CEO Brian Niccol…
Investing.com — Bernstein analysts laid out their view for a coming US gas supercycle, projecting a significant shift in the domestic gas landscape through 2030. The firm has raised its long-term Henry Hub gas price deck to $5/mcf, which they believe is a conservative estimate, considering robust demand growth and…
EV sales in China are set to overtake traditional car sales for the first time next year.EV sales are set to grow 20% next year to over 12 million vehicles, a Financial Times report said.The key turning point for the world’s largest car market contrasts slowing sales in the West.Electric…
Luigi Mangione has waived extradition in Pennsylvania, meaning he will come to New York voluntarily.Former Manhattan prosecutors say it’s a good move for him to abandon his weeklong extradition fight.They said Mangione wouldn’t benefit from a losing battle and needed to be close to his lawyer.At a court hearing in…
By Timothy Aeppel (Reuters) – With the incoming Trump administration promising an entirely new round of tariffs on U.S. imports, Atlanta-based Kids2 and other toymakers are reviewing product lines, looking for ways to limit the cost of new levies. In the last trade war, Kids2 redesigned an infant chair so…
HBO is expanding the “Game of Thrones” universe with another prequel.”A Knight of the Seven Kingdoms” takes place between the main series and “House of the Dragon.”It’s based on George R. R. Martin’s novellas and follows a knight and his squire.”House of the Dragon” season three probably won’t air until…
By Kane Wu and Julie Zhu HONG KONG (Reuters) – A consortium including Starwood Capital Group and Warburg Pincus aims to finalise a deal to take ESR Group private in the coming weeks, valuing the Hong Kong-listed real estate fund manager at over $7 billion, said two sources. The potential…
