Say Goodbye to That Bonus: Workers are Set to Take Home Less as Companies Tighten Their Belts
Many workers will be saying goodbye to their year-end bonuses this year in another sign of shifting power dynamics between employers and employees.
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Nikola Founder Trevor Milton Gets 4 Years in Prison for Fraud
Former Nikola CEO Trevor Milton was sentenced to 4 years in federal prison on Monday, a ruling that came 14 months after he was convicted by a jury.
Unrealized Bond Losses Narrow for BofA, CEO Moynihan Expresses Optimism
Dynamic landscape of wealth management/investment BofA has seen significant shift in financial position, primarily due to recent bond market rally.
Citigroup Gives Hybrid Workforce Option to Work Rest of Year Remotely
Citigroup has recently informed the majority of its employees, who are part of bank's hybrid workforce, that they have the option to work remotely.
SEC Claims ‘Staggering’ Fraud by Firm Hindenburg Called Out
Tingo Group, financial technology company that was subject of a short seller report, was sued by SEC for allegedly overstating its financial results.
A $1.3 Trillion Debt-Fueled Boom in Deals Faces a Grim New Reality
When a Walgreens Boots Alliance Inc. affiliate bought Summit Health-CityMD around a year ago pharmacy group’s management hailed deal transformational.
Goldman Sachs Faces Rocky Exit From Apple Credit Card Partnership
Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership.
