Exclusive-Goldman Sachs to Cut Asset Management Investments That Weighed on Earnings
Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on earnings.
Recent
Google’s Sundar Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed.
Musk Risks Losing Tesla Fraud Trial If He Takes Lawyers’ Bait
Elon Musk needs a jury to believe him if the Tesla Inc. boss is to avoid being socked with potentially billions of dollars in damages at a securities.
Microsoft Layoffs A 'Rip the Band-Aid Off' Moment: Analyst Dan Ives
Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales.
Musk Has ‘More to Lose’ If He Tries to Skip Twitter Debt Payment
By all accounts, including Elon Musk’s, Twitter has more than enough money to make its first interest payments, expected to total about $300 million.
Schwab Reports Record Full-year Earnings Per Share
Charles Schwab Corp. announced today that its net income for the fourth quarter of 2022 was $2.0B up 25% from $1.6B for the fourth quarter 2021.
Jim Cramer Doesn't Mince Words After Goldman Sachs Earnings
The bank's profit plunged 66% in the fourth quarter, with high expenses and weak investment banking revenue.
