Lloyd Blankfein could be leaving Goldman Sachs by the end of the year. Dow Jones reporting the Chief Executive's successor will be one of the firm's two co-presidents, Harvey Schwartz or David Solomon. Blankfein is angling to leave ahead of the bank's 150th anniversary in 2019.
Former President Barack Obama reportedly in advanced talks with the streaming giant on an unprecedented production deal. The New York Times reporting Barack and Michelle Obama would create exclusive content both in front of and behind the camera.
Costco is taking buying in bulk to a whole new level.
the big box retailer is now selling doomsday food kits capable of feeding a family of four for one year. You can get a mass supply of fruit, dairy, protein, and grains for prices between $1,000-6,000 dollars. The food has about a 25-year shelf life. the most expensive package includes 600 cans of food with a per-person diet of 2,000 calories a day. the packaging weighs in at about eighteen hundred pounds and is shipped discretely without labels, so you'll be able to stock up secretly.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.