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Christy Goldsmith Romero To Be Nominated as FDIC Chair Following Martin Gruenberg’s Exit
President Joe Biden will reportedly suggest Christy Goldsmith Romero to replace Martin Gruenberg as the head of FDIC.
Goldman Sachs Plans to Double Lending to Ultra-Wealthy Private Bank Clients in the Next 5 Years: Report
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
US Congress Scrutinizes Microsoft President Over China Ties, Security Failures
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
Ascension Claims Employee Unintentionally Clicked on Malware File, Causing Cyberattack in May
Ascension said the May ransomware attack was triggered by an employee who mistakenly downloaded a malicious file.
Latest News
T-Mobile secures a $2.67 billion contract with the U.S. Navy for advanced communication technologies, supported by its partnership with SpaceX for improved service delivery.
Wise's stock plunged 10% after projecting slower revenue growth, expecting a 15-20% income increase for FY ending March 2025, down from 31% last year.
Apple's deal to integrate ChatGPT into its devices for iOS18 is reportedly without financial compensation, with OpenAI banking on "exposure" to Apple's consumer base.
Singaporean company Fullerton Healthcare faced charges of graft and corruption in bribes by co-founders, but one of them, David Sin, was granted permission to leave the country.
Disney has agreed to invest $17 billion in its Florida resort over the next decade or two under a new deal with a DeSantis-backed board, concluding a lengthy legal dispute.
Trump and Biden made competing pitches to business leaders, with Trump focusing on tax cuts and deregulation, while Biden promoted government support and investments.
According to its parent company Corus Entertainment, Global News laid off over 24 employees in Alberta, British Columbia, and Ontario due to economic pressures and regulatory challenges.
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
Up to 300,000 Californians must apply by June 30 to benefit from a special federal student loan forgiveness program offering faster forgiveness, lower payments.
A Texas man died from electrocution and his wife was critically injured while in a jacuzzi at a private resort in Puerto Peñasco, Mexico.