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JPMorgan tries to streamline spending in tech arms race

JPMorgan tries to streamline spending in tech arms race

New digital division set up to better manage bank’s $10.8bn technology budget

Published 1 second ago

Oil Prices Sharply Lower on      Oversupply Worries

Oil Prices Sharply Lower on Oversupply Worries

Oil prices continued a steep slide, as concerns that slowing global growth could further hinder demand for crude outweighed OPEC production cuts.

Published 1 month ago

Goldman Sachs Ignored 1MDB Warning Signs in Pursuit of Asian Business

Goldman Sachs Ignored 1MDB Warning Signs in Pursuit of Asian Business

Goldman Sachs Group Inc.’s push for Asian business and lax oversight of partners led the bank to speed past warning signs in its dealings with a corrupt Malaysian investment fund, internal documents and interviews with people involved in the transactions show.

Published 1 month ago

Ghosn’s U.S. Push Raised Tension With Nissan Executives

Ghosn’s U.S. Push Raised Tension With Nissan Executives

Carlos Ghosn’s drive to increase Nissan’s market share in the U.S. created tension with the company’s management, who felt his push came at the expense of investing in Japan.

Published 1 month ago

Want a Better Credit Report? Soon, Your Cellphone Bill Could Help

Want a Better Credit Report? Soon, Your Cellphone Bill Could Help

Experian, one of the largest credit-reporting firms in the U.S., will soon start factoring in cell and utility payments provided by consumers. It could boost credit scores for millions.

Published 1 month ago

Huawei Slams Efforts to Block It From 5G Rollout

Huawei Slams Efforts to Block It From 5G Rollout

A top executive at the Chinese tech giant issued a vigorous defense of the company’s business and the safety of its equipment, following the arrest of its chief financial officer in Canada and a campaign by Western powers to curtail its business.

Published 1 month ago

Oil prices drop almost 4% on supply and global growth concerns

Oil prices drop almost 4% on supply and global growth concerns

US crude oil at lowest level since September 2017

Published 1 second ago

SEC chief urges action to prevent no-deal Brexit causing havoc

SEC chief urges action to prevent no-deal Brexit causing havoc

Jay Clayton wants to see UK and EU commitments to ensure markets will not be disrupted

Published 1 second ago

Oil producers drill down on data with Google venture

Oil producers drill down on data with Google venture

US exploration group Anadarko aims to harness information to make better decisions

Published 1 second ago

States Ask for Clarity on Judge’s Ruling on Affordable Care Act

States Ask for Clarity on Judge’s Ruling on Affordable Care Act

Democratic-led states urged a federal judge Monday to clarify that the Affordable Care Act is still in effect and can be enforced while they challenge a ruling that a central feature of the health law is unconstitutional.

Published 1 month ago

Mike Flynn’s Sentencing Will Depend on Court’s Leniency

Mike Flynn’s Sentencing Will Depend on Court’s Leniency

More than a year after he pleaded guilty to lying to FBI agents, Mike Flynn is to be sentenced Tuesday, completing a long fall for a man who rose through the Army to become the military’s top intelligence official and a confidant to President Trump.

Published 1 month ago

Failure 101: Colleges Teach Students How to Cope With Setbacks

Failure 101: Colleges Teach Students How to Cope With Setbacks

Colleges nationwide are trying to instill in students a concept that seems contrary to encouraging excellence: It’s OK to fail sometimes.

Published 1 month ago

Russians Took Aim at Black Voters to Boost Trump, Reports to Senate Find

Russians Took Aim at Black Voters to Boost Trump, Reports to Senate Find

A Russian influence campaign used a range of social-media platforms to suppress African-American voter turnout and boost Trump, according to studies commissioned by the Senate.

Published 1 month ago

Want a Better Credit Report? Soon, Your Cellphone Bill Could Help

Want a Better Credit Report? Soon, Your Cellphone Bill Could Help

Experian, one of the largest credit-reporting firms in the U.S., will soon start factoring in cell and utility payments provided by consumers. It could boost credit scores for millions.

Published 1 month ago

Ghosn’s U.S. Push Raised Tension With Nissan Executives

Ghosn’s U.S. Push Raised Tension With Nissan Executives

Carlos Ghosn’s drive to increase Nissan’s market share in the U.S. created tension with the company’s management, who felt his push came at the expense of investing in Japan.

Published 1 month ago