Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Citigroup will cut more jobs this week to meet Chief Executive Officer Jane Fraser's expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. The managing directors of wealth and technology will step down, and Citi will also lay off members of the team that compiles data and analytics for the bank's clients, […]
Here are the Big Tech CEOs attending Trump's inauguration
The CEOs of some of the world's largest technology companies are scheduled to attend President-elect Donald Trump's inauguration on Monday. Leaders of Amazon, Google, Meta, Tesla, TikTok and Open AI to watch Trump's second inauguration amid apparent push from the tech industry to mend ties with the president-elect He is scheduled to appear at the […]
Biden warns of ‘ultra-wealthy’ ‘oligarchy’ as Big Tech CEOs warm to Trump
In his farewell speech, President Biden said that despite his administration's acceptance of donations from Democratic mega-donors, CEOs of major technology companies have grown closer to President-elect Trump in recent months. He warned of an “oligarchy” of “ultra-rich people” that poses a threat to the United States. . Elon Musk, Jeff Bezos and Mark Zuckerberg […]
Bank CEOs expect Trump bump to business as profits surge – Yahoo Finance
NEW YORK (Reuters) – Wall Street chief executives on Wednesday reported a jump in profits as trading and trading recovered, and said the next U.S. administration will be business-friendly and good for banks. He expressed confidence that he was deaf. Market conditions are already favorable for banks, including a booming stock market and expectations that […]
LA CEO’s home burns down after he offered ‘any amount’ for private protection
A swanky Los Angeles mansion owned by a real estate mogul who came under fire for offering to “pay whatever it takes” for private fire protection was completely gutted in the Palisades fire, according to online records. Los Angeles County's official recovery website lists Keith Wasserman's address as “destroyed” and includes photos of his once-grand […]
CEO’s Tesla mistakes train tracks for road in Santa Monica
The CEO of a tech startup was left “literally shaking” when his self-driving Tesla veered onto the streetcar tracks in Santa Monica, just as the train began plowing into the EV, footage shows. shown. Jesse Liu, who founded Rabbit, a hardware company that utilizes AI, said: Alarming video posted to X Thursday, claiming he had […]
Allstate Deletes Social Media Post of CEO’s Controversial Sugar Bowl Message After Severe Backlash
Allstate, the sponsor of Thursday's Sugar Bowl contest between Notre Dame and Georgia, appears to have removed CEO Tom Wilson's post-attack message that was aired before the game and sparked intense controversy online. Just before the game started, Wilson released a video statement suggesting that Americans have an “addiction to discord” and need to “embrace […]
Allstate deletes social media post of CEO’s controversial Sugar Bowl message amid backlash
Allstate is sugar bowl, The company appears to have removed CEO Tom Wilson's video message from social media after his comments in the wake of the Bourbon Street terrorist attack sparked massive online backlash. In a message played to fans before kickoff of the College Football Playoff quarterfinal game between Georgia and Georgia State. notre […]
Trump marvels at embrace by CEOs, top tech bosses: 'Everybody wants to be my friend!'
While a small number of CEOs and tech leaders have warmed to President-elect Trump, to some extent Trump's former enemies now appear to be open to the possibility of him becoming president. I acknowledge this with great reverence. Top business figures traveled to Mar-a-Lago in Florida to meet with President-elect Trump, who received a friendlier […]
Majority Of Young Adults Say Health Insurance Companies Share Blame For UnitedHealthcare CEO’s Murder: Poll
A new poll shows that most young people are dissatisfied with the nation's health care system and believe the killer of United Healthcare CEO Brian Thompson is responsible for the executive's murder. Almost 70% of U.S. adults between the ages of 18 and 29 say a “substantial” or “moderate” amount of responsibility for Thompson's murder […]