Morgan Stanley has slapped its own bankers with fines of more than $1 million as it looks to crack down on the misuse of WhatsApp and other apps to conduct official business, according to a report Thursday. The penalties were enacted after Morgan Stanley agreed to pay $200 million last summer to federal regulators over …
Morgan Stanley fined $1M for WhatsApp violations: report Read More »
Restaurants are beginning the new year with a recurring problem: labor shortages. Chipotle said Thursday it’s looking to hire 15,000 people in North America to ensure its stores are staffed up ahead of its busy spring season. Other chains are also looking for workers: Taco Bell has more than 25,000 listings for crew members posted …
Chipotle looks to hire 15,000 amid continuing labor shortage Read More »
SAN FRANCISCO (AP) — Internet Explorer is finally headed out to pasture. As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate — and a few still claim to adore. The 27-year-old application now joins BlackBerry phones, dial-up modems and Palm Pilots in the dustbin of …
So long, Internet Explorer. The browser retires today Read More »
The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in over two decades — in a slump that may persuade the International Monetary Fund to resume lending to the country. The drop comes a day after foreign exchange companies removed a cap on the exchange …
Pakistani rupee plummets as markets adjust to removal of unofficial controls Read More »
New York CNN — Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty crypto exchange collapsed in November. Wall Street heavyweights including Goldman Sachs and JPMorgan were named in the creditor list, which includes businesses, charities, individuals and other entities in a 116-page document filed late Wednesday. FTX …
FTX creditors include Goldman Sachs, New York Times and Netflix Read More »
Intel Corp. ended 2022 with its worst financial results since the dot-com bust more than 20 years ago, thanks to a double whammy of a downturn in both PCs and data centers that isn’t going to turn around anytime soon. Intel’s INTC, +1.31% annual earnings fell more than 60% in 2022, and revenue for the …
Shoppers visit the American Dream Mall during Black Friday on November 25, 2022 in East Rutherford, New Jersey. (Kena Betancur/Getty Images) If you look at all the data that came out Thursday morning, it’s tempting to come to the conclusion that the US economy is still in pretty good shape. Not so fast, says one …
New York CNN — DirecTV has dropped Newsmax, a right-wing TV network, from its channel lineup over a carriage fee dispute. In a statement, DirecTV said it wanted to “continue to offer the network,” but the channel’s demands for carriage fee increases would have led to “significantly higher costs that we would have to pass …
Human error is to blame for the glitch that caused wild fluctuations in share prices at the start of trading on the New York Stock Exchange on Tuesday. A NYSE employee who is based out of the exchange’s backup data center in Chicago failed to shut down the disaster-recovery system that is tested every day …
NYSE stock-trading chaos caused by staffer’s ‘manual error’ Read More »
Photo: Maja Hitij (Getty Images) Twitter CEO Elon Musk is reportedly looking into raising $3 billion to offset the recent debt the company has accrued since he took over in October. The company is currently $13 billion in debt, according to people familiar with the matter, and Musk said in December that he planned to …
Elon Musk Reportedly Strives to Raise $3 Billion to Save Twitter Read More »
