Category: Business
Goldman Sachs Funds $270M Housing Project in Brooklyn
New Development Targets Housing Crisis in East New York Goldman Sachs will finance a $270 million affordable housing development in Brooklyn’s East New York neighborhood, [more…]
Del Monte Foods Files for Bankruptcy, Seeks Buyer
Iconic canned goods brand enters Chapter 11 amid shifting consumer trends Del Monte Foods, the 138-year-old staple of American pantries, has filed for Chapter 11 [more…]
Ford CEO Pushes Fair Wages to Keep Young Workers
Jim Farley channels Henry Ford as temp workers go full-time Ford CEO Jim Farley said the carmaker has turned temporary workers into full-time employees after [more…]
Amazon to Invest $233M in India to Boost Operations
Expansion focuses on infrastructure, safety, and tech innovation Amazon announced Thursday it will invest more than 20 billion rupees ($233 million) in India in 2025 [more…]
Amazon CEO Warns AI Will Shrink Corporate Workforce
Andy Jassy says generative AI will replace some roles over time Amazon CEO Andy Jassy has told employees that artificial intelligence will ultimately lead to [more…]
SoftBank Plans $4.9B T-Mobile Share Sale
Japan’s SoftBank Group is looking to raise nearly $4.9 billion through an unregistered overnight block sale of T-Mobile shares, according to a report from Bloomberg [more…]
Fed Poised to Hold Rates, Clashing With Trump’s Demands
The Federal Reserve is expected to keep interest rates steady at its upcoming policy meeting, despite mounting pressure from President Donald Trump for aggressive cuts. [more…]
BlackRock Targets $400B in Private Markets by 2030
Growth Strategy Focused on Private Markets, Technology & ETFs BlackRock is aiming for substantial growth by focusing on higher multiple, less market-sensitive products such as [more…]
Enterprise Products Faces Export Delays Due to U.S. Licenses
Enterprise Products Partners (EPD) is confronting challenges regarding its ethane and butane exports to China following new U.S. Department of Commerce regulations that now require [more…]
Microsoft Fires Employee Over Protest Against Gaza Tech
Microsoft has terminated the employment of software engineer Joe Lopez following his protest at the company’s annual Build developer conference in Seattle. Lopez interrupted CEO [more…]
