Lauren Hirsch
Posts
Goldman Sachs Begins Large Round of Layoffs
The investment bank plans to cut up to 3,200 jobs, or roughly 6 percent of its work force, as it faces economic challenges and cuts...
Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows
The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.
Sam Bankman-Fried Addresses His Parents, Net Worth and More
The onetime crypto mogul also says he’s running out of funds, holed up in the Bahamas.
Andy Jassy Declines to Say If Amazon Will Add Disclaimer To Antisemitic Film
He said the company has a panel that reviews content that might be objectionable, but that cases were not always “straightforward.”
News Corp Investors Raise Concerns About Proposed Merger With Fox
Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
Keurig Dr Pepper Invests $50 Million in Athletic Nonalcoholic Brewer
The deal is a sign of continued interest in the fast-growing category of nonalcoholic beer, which jumped to about $670 million in annual sales in...
Keurig Dr Pepper Invests $50 Million in Nonalcoholic Brewer
The deal is a sign of continued interest in the fast-growing category of nonalcoholic beer, which jumped to about $670 million in annual sales in...
Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal
The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.
Can Elon Musk Make the Math Work on Owning Twitter? It’s Dicey.
Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
Twitter Files to Pull Shares From Stock Market as Elon Musk Moves In
Twitter filed documents seeking to remove its shares from the New York Stock Exchange, the first step toward becoming a private company under Elon Musk’s...