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BlackRock CEO to Companies: Pay Attention To ‘Societal Impact’

BlackRock CEO to Companies: Pay Attention To ‘Societal Impact’

The boss of the world’s largest money manager told corporate chiefs to get ready for BlackRock Inc. to become a more assertive shareholder.

Published 2 days ago

PwC’s multiple roles with Carillion come under scrutiny

PwC’s multiple roles with Carillion come under scrutiny

‘Bad optics’ cited as firm acts for liquidator, pension trustees and government

Published 1 second ago

White House Calls Immigration System Risky as Funding Deadline Looms

White House Calls Immigration System Risky as Funding Deadline Looms

The White House said Tuesday that the current immigration system poses security risks to the U.S., as lawmakers returned to Washington to restart negotiations on immigration and government spending.

Published 1 day ago

Bannon Is Questioned by House Panel in Russian Inquiry

Bannon Is Questioned by House Panel in Russian Inquiry

Steve Bannon, who was a senior adviser and confidant to President Donald Trump before a public falling-out, appeared before the House Intelligence Committee

Published 1 day ago

US car groups issue warnings over outlook in 2018

US car groups issue warnings over outlook in 2018

Ford predicts widespread cost cuts and General Motors forecasts profits to be flat

Published 1 second ago

US lawmakers look for short-term fix to avoid shutdown

US lawmakers look for short-term fix to avoid shutdown

Racially charged remarks by Trump undermine hopes of deal on funding and immigration

Published 1 second ago

US tax reform to help Citigroup beat targets despite $18bn loss

US tax reform to help Citigroup beat targets despite $18bn loss

Tax overhaul prompts $22bn accounting hit but bank chief looks to US economic boost

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The Antitrust Case Against Facebook, Google, Amazon and Apple

The Antitrust Case Against Facebook, Google, Amazon and Apple

Facebook, Google, Amazon and Apple dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow test: Are consumers worse off?

Published 2 days ago

New Cyberattack on Cryptocurrency Investors Came From North Korea, Report Says

New Cyberattack on Cryptocurrency Investors Came From North Korea, Report Says

The hacking offensive’s malware is similar to that used in Pyongyang’s attack on Sony Pictures Entertainment and WannaCry ransomware assault, according to cybersecurity researchers.

Published 2 days ago

GE chief considers break-up

GE chief considers break-up

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BlackRock chief Larry Fink issues companies with code of conduct

BlackRock chief Larry Fink issues companies with code of conduct

Businesses told to contribute to society and perform well or risk losing support

Published 1 second ago

China’s Hot Housing Market Begins to Cool

China’s Hot Housing Market Begins to Cool

In Beijing and Shanghai—two China’s largest housing markets—and other megacities, property sales have stalled and prices have dropped, and the high levels of debt that fueled a housing boom make the slowdown particularly perilous.

Published 2 days ago

Pay for Some New York Private School Chiefs Nears $1 Million

Pay for Some New York Private School Chiefs Nears $1 Million

Compensation for the heads of some elite private K-12 schools in New York City is nearing $1 million.

Published 2 days ago

Dow Industrials on Track to Open Above 26,000

Dow Industrials on Track to Open Above 26,000

The Dow Jones Industrial Average was on course to open above 26,000 Tuesday, with U.S. stocks set to echo broad-based gains in Europe and Asia-Pacific as it continued its speedy leap higher amid the continued market rally.

Published 2 days ago

Citigroup Earnings Wiped Out by Tax Charge

Citigroup Earnings Wiped Out by Tax Charge

Citigroup reported its largest quarterly loss ever after its earnings were wiped out by a $22 billion charge related to the new tax law.

Published 2 days ago