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Morgan Stanley CEO Ted Pick says bank will work with U.S. regulators on offering crypto

Morgan Stanley CEO Ted Pick says bank will work with U.S. regulators on offering crypto

Business News

Morgan Stanley CEO Ted Pick said Thursday that his bank will be working with U.S. regulators to examine whether it can deepen its involvement in cryptocurrency markets. Pick was asked about his views on digital currencies under the pro-crypto Trump administration. On Tuesday, the acting head of the Securities and Exchange Commission launched an effort […]

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New Christie’s CEO Bonnie Brennan sees opportunity in younger collectors and crypto

New Christie’s CEO Bonnie Brennan sees opportunity in younger collectors and crypto

Business News

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Art house Christie’s is aiming to tap the next generation of wealth with online auctions, digital art and luxury goods, according

New Christie’s CEO Bonnie Brennan sees opportunity in younger collectors and crypto Read More »

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

Business News

The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say Read More »

American Airlines shares tumble as outlook falls short

American Airlines shares tumble as outlook falls short

Business News

An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.  Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 10%. The carrier forecast an adjusted loss per share

American Airlines shares tumble as outlook falls short Read More »

Family offices are paying executive assistants up to 0,000 a year as demand for talent spikes

Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes

Business News

Martin-dm | E+ | Getty Images Good help is hard to find. Family offices, the private investment firms of the ultra-wealthy, are increasingly willing to pay extra for it. The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff. While compensation

Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes Read More »

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Business News

Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump Read More »

Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

Business News

The California mom who pleaded guilty to running an organized retail crime ring that stole millions of Dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to pay those retailers back as part of her sentence. Michelle Mack, who began her five-year prison sentence on Jan. 9 following

Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring Read More »

Jamie Dimon says Trump’s tariff policy is positive for national security so people should ‘get over it’

Jamie Dimon says Trump’s tariff policy is positive for national security so people should ‘get over it’

Business News

JPMorgan Chase CEO Jamie Dimon said Wednesday the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation domestically, the head of the largest U.S. bank by assets said they could protect American

Jamie Dimon says Trump’s tariff policy is positive for national security so people should ‘get over it’ Read More »

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

Business News

A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey.  Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024 Read More »

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