Goldman Sachs CEO and Chairman Lloyd Blankfein sat down with Kristen Scholer for a wide-ranging interview. Blankfein shared his thoughts on President Trump, who he recently met with at the World Economic Forum in Davos. While he wasn't an early supporter of Trump, he believes the president is good for small business and the American economy. Blankfein also shared his thoughts on the crypto craze, saying there's a lot of hype surrounding the currency. He says Goldman won't open a trading desk for bitcoin anytime soon.
Netflix signed a huge deal with star producer Ryan Murphy. The director, writer, and producer of hit shows such as "Glee," "Nip/Tuck," and "American Horror Story," will exclusively create content for the streaming giant starting in July. The deal is worth $300 million and spans five years.
Uber scaled back its losses in the last quarter. The company disclosed its financial information which showed it posted a $1.1 billion loss compared to last quarter's $1.46 billion loss. But revenue jumped 14% to $11.1 billion in that same quarter. Despite going through many public scandals, Uber saw a boost in ridership.
Plus, we talk about how Snapchat's redesign has drawn sharp criticism from its younger users. The Daily Beast's Taylor Lorenz says people will have to get used to it because there is no chance Snapchat will change back to the old version. The outrage led to change.org petition which has already generated 600,000 signatures.
Taking a look at investment strategy as the new year gets into full swing.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
A New York architect charged in a string of slayings known as the Gilgo Beach killings was accused in a 25-year-old Connecticut woman's death.
Uber purchased Drizly in a cash-and-stock deal for $1.1 billion in 2021. The drink delivery app will shut down in March, according to Uber.
After Donald Trump's victory at the Iowa caucus, Nikki Haley and DeSantis continue their campaigns as New Hampshire's primary looms.
Christine Short, VP of Research at Wall Street Horizon, shares insights on small and big banks earnings, a fresh round of layoffs in the tech world, and what to expect from upcoming rate decisions.
More executives are feeling better about the global economy. But a growing number don’t think their companies will survive the coming decade without a major overhaul because of pressure from climate change and technology like artificial intelligence.
The International Olympic Committee has signed the first beer brand in the 40-year history of a sponsorship program that earns billions of dollars for the organization and international sports.
The latest calculations from several science agencies showing Earth obliterated global heat records last year may seem scary. But scientists worry that what’s behind those numbers could be even worse.
Along with the $122 million from delinquent millionaires in October, nearly half a billion dollars in back taxes from rich tax cheats has been collected.
