Monthly Archives: February 2023

(Hedgeweek) Staff at Bridgewater Associates are top of the league when it comes to employee perks, according to data from Levels.fyi, with the firm spending $21,414 per year per employee on a range of benefits including free meals, pension contributions […]

(CNBC) U.S. railroad Union Pacificon Sunday said it expects to name a successor to assume the position of chief executive officer replacing Lance Fritz in 2023. “Union Pacific has been my home for 22 years and I am confident that […]

(CNBC) Warren Buffett defended stock buybacks in Berkshire Hathaway’s annual letter, pushing back on those railing against the practice he believes to be beneficial to all shareholders. “When you are told that all repurchases are harmful to shareholders or to the country, […]

(Hedgeweek) Galaxy Digital Holdings (Galaxy), a financial services and investment management specialist in the digital asset, cryptocurrency, and blockchain technology sectors, has completed its acquisition of substantially all of the assets of GK8, a secure institutional digital asset custody platform, […]

(CNBC) U.S. stock futures were flat Friday morning after the S&P 500 snapped a four-day losing streak. Dow Jones Industrial Average futures fell by 25 points, or 0.08%. S&P 500 and Nasdaq 100 futures dipped 0.06% and 0.18%, respectively. Boeing […]

(CNBC) JPMorgan Chase CEO Jamie Dimon said Thursday that containing inflation remains a work in progress for the Federal Reserve, while noting the U.S. economy continues to show signs of strength. “I have all the respect for [Fed Chair Jerome] […]

(CNBC) FTX co-founder Sam Bankman-Fried was hit Thursday with four new criminal charges, including ones related to commodities fraud and making unlawful political contributions, in a superseding indictment filed in New York federal court. A source familiar with the new […]

(CNBC) Warner Bros. Discovery on Thursday posted a large loss and recorded about $11.1 billion in fourth quarter revenue, missing analysts’ estimates, as the media industry contends with a soft advertising market.  The company’s TV networks segment – which includes […]

(CNBC) The SEC argued in a letter to the U.S. Court of Appeals for the Second Circuit in New York this week that Tesla CEO Elon Musk still needs a so-called “Twitter sitter,” and that an earlier settlement agreement between […]

(CNBC) Adobe shares fell as much as 5% in extended trading following a report that said the U.S. Justice Department is planning a lawsuit to block the company’s $20 billion acquisition of startup Figma. A case could come as soon […]

(CNBC) Stock futures ticked higher Thursday morning. Futures tied to the Dow Jones Industrial Average added 85 points or 0.26%. S&P 500 futures gained 0.42%, and Nasdaq 100 futures jumped 0.77%. Nasdaq futures got a boost from Nvidia, which rose […]