The Latest Dirty Word in Corporate America: ESG
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
Similar Posts
Goldman Sachs’ exclusive — and bloated — ‘management committee’ of top bankers can get even bigger: insiders
Goldman Sachs’ exclusive “management committee” of top bankers has become bloated under CEO David Solomon, according to critics – but some insiders are betting it’s about to get even bigger. The Wall Street giant is expected at the end of the month to make major changes to the powerful panel known internally as “MC,” which…
Barclays slashed 5,000 jobs last year in major cost-cutting drive
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
An “Angry Mob” On Reddit Is Pushing Up GameStop’s Stock Price And Pissing Off A Bunch Of Wall Street Firms
By encouraging everyday investors, also known as retail investors, to buy up GME stock and increase its price, hedge funds would have to sell out in order to cut their losses from having shorted the stock, which increases the stock price even further. “Hedge funds are getting their asses kicked by the retail investor,” Lindzon…
Their Conservative Boss Said “Take Off Your Mask Or You Can Go Home.” Now They’re Getting Sick.
In a statement to BuzzFeed News, Hartman downplayed the seriousness of the virus and falsely asserted, in contradiction to credible health experts, that masks were not an effective means of preventing infection. “Our discouragement of masks in the office is in support of the understanding that masks are ineffective in controlling the virus,” he said,…
Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
Fed president says March ‘probably’ too early for rate cut after hot inflation report
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
