Facebook executives are reportedly in the process of instituting “quiet layoffs” of underperforming workers that could see thousands of employees let go from the company.
President Joe Biden boasts proudly today he is leading an "incredible transition" from fossil fuels, but just three years before he won the presidency his family worked to score billions of dollars in deals helping executives in communist China gain access to U.S. natural gas, oil and energy infrastructure, according to internal business memos and interviews with congressional investigators.
J.P. Morgan Chase chief Jamie Dimon on Wednesday rejected in the strongest terms the idea that the country’s largest banks should stop funding new oil and gas production and exploration.
A lackluster U.S. harvest this year is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine, agriculture-industry executives said.
In early September, the U.S. Department of Justice (DOJ) announced that pharma giant Bayer would have to fork over millions to the DOJ to resolve allegations of fraud under the False Claims Act (FCA).
It was smiles all around as the familiar Wall Street ritual—the ringing of the closing bell—played out again at the New York Stock Exchange on Aug. 10.