Wednesday, July 17, 2019
Citigroup was one of the hardest hit US banks during the 2008 financial crisis. But it’s the king of Wall Street so far this year. Shares of Citi (C) have soared nearly 40% in 2019, outpacing the gains of big...
The battle between California lawmakers and ridesharing companies such as Uber and Lyft heated up Wednesday as Assembly Speaker Anthony Rendon offered harsh words laced with expletives for businesses in the gig economy." They use a lot of really cute words basically...
The US economy added 224,000 jobs in June, a strong comeback for the labor market after a disappointing May. The unemployment rate rose to 3.7%, the highest level since March 2019 but still historically low. The number substantially beat the expectations of...
Apple plans to expand its presence in Seattle by adding 2,000 new jobs in the city over the next five years, double the number it originally planned to hire. The new jobs are part of a national expansion with 200...
Bill Gates has a resume of career highs, but he calls Microsoft’s failure to become Apple’s chief iOS rival his “greatest mistake.” The Microsoft founder made the admission twice in recent interviews when discussing how Microsoft lost out to Google...
French startup PayFit is raising a new $79 million funding round (€70 million) from Eurazeo and Bpifrance. The company first started with a payroll service for small and medium companies in France. It has evolved into a full-fledged HR...
Summer’s here, so it’s the perfect time to crack open a nice cold beer here in the Big Apple. Indeed, most of us can afford to have a lot of cold ones this summer in New York and in the...
Wall Street lapped up Chewy shares as they made their Friday debut on the New York Stock Exchange. The web-based pet food and supplies seller saw its stock jump as much as 88% moments after it opened mid-morning. By 12:35...
President Donald Trump is expected to name Tomas Philipson, a former University of Chicago economist and specialist in health care policy, as his next chief economist in the coming days, according to a person familiar with the matter. Philipson, who...
Beauty giant Sephora is giving prime-time exposure to a handful of indie cosmetics brands that have never appeared on retail shelves. The new initiative, “The Next Big Thing,” was unveiled at Sephora’s biggest-ever store in Times Square, which opened Friday. In...

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