Goldman Sachs ranked as the top adviser to companies targeted by activist investors during the first half of 2020 while Morgan Stanley dropped into fourth position as the coronavirus weighed on corporations, new Refinitiv data show.
U.S. Senator Elizabeth Warren on Thursday blasted U.S. business leaders, including JPMorgan Chase & Co's Jamie Dimon and Walmart's Doug McMillon, for falling short on a "splashy" promise to look beyond profits when running their businesses.
The way Federal Reserve Chair Jerome Powell sees it, the U.S. labor market has a long way to go to meet the central bank's maximum employment goal and a lot of boxes to tick along the way.
A former JPMorgan Chase & Co foreign exchange trader was sentenced on Thursday to eight months in prison, following his Nov. 2019 conviction for conspiring with traders at other banks to rig currency trades.
The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were revised up, suggesting the labor market recovery had shifted into low gear amid fading fiscal stimulus.
A board member for Nikola Corp who helped the company go public earlier this year said on Thursday his firm was comfortable with the due diligence performed on the startup that has been called a "fraud" by a short seller.
Facebook Inc will no longer show health groups in its recommendations, the social media giant announced on Thursday, saying it was crucial that people get health information from "authoritative sources."
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients.
US investors, including Oracle Corp, are set to hold at least a 60 per cent stake in TikTok, a person briefed on the matter told Reuters.
TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by U.S. President Donald Trump, is facing another major challenge: how to handle content around its first U.S. presidential election.
