Business
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North Carolina divests retirement funds from Ben & Jerry’s over company’s Israel boycott
North Carolina closed out last year by becoming the most recent state to divest its public employee pension from the corporate parent of Ben &...
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Universal Music, home to Taylor Swift, to reportedly cut hundreds of jobs
As of 2022, the company had nearly 10,000 employees globally, as stated in that year's annual report.
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Credit card delinquency soars above pre-pandemic level amid high interest rates, inflation
“Just paying 20%+ interest every month, the minimum payment math is brutal.”
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Citi to cut 20K jobs as bank posts worst fourth-quarter loss in 15 years
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday.
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Bitcoin ETFs trading surges despite SEC chair’s warning: ‘Speculative, volatile asset’
“Amongst its use cases is really for illicit activity – money laundering and sanctions and ransomware and the like," SEC Chairman Gary Gensler said.
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BlackRock makes huge bet on infrastructure with $12.5B deal as ESG flounders
Once the deal closes, the firm will hold approximately $150 billion in infrastructure assets.
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Disney’s Pixar Animation Studios to reportedly slash jobs
The studio has "completed production on some shows and now has more staff than it needs," Reuters reported, citing an anonymous source.
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Barbra Streisand’s film company pocketed $200K in small business pandemic cash — and used it to pay gardener at her $20M mansion
Small business bailout cash went to the $430M star's firm, which pays for a gardener at her mansion.
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Al Gore exiting Apple’s board of directors after hitting age limit
Apple’s board has a longstanding policy that directors can’t stand for re-election once they turn 75.
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‘Entitled’ Gen Zers unprepared for workforce, experts say — here’s why
'Gen Z is not a lazy generation, but it is an entitled generation,' one labor expert explained
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FDA recalls scallops over fears of toxic contamination
The recall applies to "whole, live scallops" from Intershell International Corp.
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JPMorgan posts record profits for 2023 despite drop in fourth quarter
JPMorgan Chase's total net income for the year came in at $49.6 billion, the most ever in the history of American banking.