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.
JPMorgan Chase says profits jumped sharply ias the bank cashed in billions of dollars of its holdings in Visa Inc., also helped by higher interest rates.
Archegos's Bill Hwang turned $10 billion into $160 billion into nothing. Plus: Intuit's layoffs, Elon's travails, Boeing's bad week, Jerome Powell, and mor
Language learning apps surged in 2024, with Babbel offering interactive lessons, vocabulary practice, and grammar exercises for effective language acquisition.
The Mind-Money Connection explores how managing finances can boost happiness and uncover the real impact personal finances have on mental health and well-being.
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou