TikTok holds its End Of Year Event 2022 in Milan, Italy, on Dec. 13. Claudio Lavenia | Getty Images Entertainment | Getty Images TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has largely evaded the scrutiny it’s faced in the …
Read More »U.S. unemployment system still plagued by delays 3 years post-pandemic
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the U.S. unemployment system is somewhat of an anomaly. Almost three years after the Covid-19 pandemic caused the worst jobless crisis …
Read More »Sam Bankman-Fried tried to influence witness through Signal: DOJ
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images Federal prosecutors are attempting to bar indicted FTX co-founder Sam Bankman-Fried from using encrypted messaging …
Read More »American Express, Intel, Silvergate Capital and more
American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Express — The credit card company saw an 11% jump in its shares after it issued upbeat earnings …
Read More »5 things to know as filing season opens
Damircudic | E+ | Getty Images This is an excerpt from the Personal Finance team’s weekly Twitter Space, “This week, your wallet.” Check out the latest episode here, and tune in every Friday at 11 a.m. ET. Tax season kicked off Jan. 23. The IRS expects taxpayers to file more …
Read More »Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO David Solomon will get a $25 million compensation package for his work last year, the bank said Friday in a regulatory …
Read More »Intel, Chevron, American Express, Silvergate and more
Intel said April 5, 2022 that it has suspended all business operations in Russia. Paco Freire/Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Intel — The chipmaker suffered a 9% loss in its shares in early morning trading after its latest financial results missed …
Read More »$6.6 billion-worth fintech Wise accused by rival of harming competition
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has been accused by a rival fintech company of undermining competition in the money transfer market. Atlantic Money, a smaller foreign exchange service, made this allegation in a letter to the …
Read More »Intel, Visa, Hasbro and more
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in after-hours trading. Intel — Shares of Intel plunged 8.2% after the company …
Read More »Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of …
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