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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York (CNN) —...
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Global investment bank Goldman Sachs sees private markets as likely to outperform in 2024. ADVERTISEMENTUS equity and private markets could potentially do well this year, but commodities are best to avoid due to their volatile nature,...
New York CNN — Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns. CEO Niraj Shah, who recently...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
Google has invested $1 billion in a new data centre in the UK, aiming to expand its capacity and provide services to businesses across the country. ADVERTISEMENTGoogle has announced a $1 billion (€919 million) investment in a new...
High inflation and unemployment could leave the continent lagging behind other major economies in 2024, according to global accounting firm KPMG. ADVERTISEMENTGlobal growth could hit 2.2% this year but Europe could very likely see...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
New York CNN — JPMorgan Chase now fights off about 45 billion attempts a day by hackers to infiltrate its systems. That’s double what it was last year, highlighting the escalating cybersecurity challenges the bank and other...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
New York CNN — Spirit Airlines shares tanked 56% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the discount airline. “In light of the foregoing Findings of Fact and...
New York CNN — As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday sent its stock sinking sharply. The report cast doubt on Boeing’s ability to pass a new federal safety audit. The Wells Fargo...