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.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
Smoke that filled the cabin of a Delta flight as it took off from the Atlanta airport in February was so thick the led flight attendant had trouble seeing past the first row of passengers and the pilots donned oxygen masks as a precaution.
