Finance

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

SBF- Salt NY

Power Corridor

Where the Money Went

The former chief executive of Alameda and star witness in the trial of her boss and former romantic partner, FTX co-founder Sam Bankman-Fried, described…

2 min read
(Photo by Christopher Bill on Unsplash)

Banking

UK Abolishes Cap on Bankers’ Bonuses

The UK’s Financial Conduct Authority said Tuesday that it’s ending a cap on bonuses for bankers that’s been in place since 2014.

1 min read
(Photo by Jazz Guy under CC BY 2.0)

M&A

Chevron’s Hess Acquisition Fuels Broader M&A Frenzy

On Monday, Chevron said it would acquire energy player Hess for $53 billion. It’s the latest megadeal in a wildly active industry this month.

2 min read

Finance

Ken Griffin’s Citadel Securities Has Some Tips for SEC

Photo by Krblokhin via iStock

Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.

1 min read

(Photo by Connor Lin/The Daily Upside)

Banking

Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

2 min read
(Photo Credit: Joshue Hoehne/Unsplash)

Personal Finance

Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

2 min read
(Photo Credit: Viktor Bystrov/Unsplash)

Finance

Carl Icahn’s Big Bet Against Shopping Malls Hasn’t Exactly Worked Out

Wall Street legend Carl Icahn bet big and — so far — has lost big on a wager against US shopping malls by way of a risky derivative strategy.

2 min read

Finance

Buffett’s $300B Cash Pile, Fed by Apple, Spurs Investment Guessing Game

Photo by The White House via Public Domain Mark 1.0

Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.

2 min read

SBF trial, Caroline Ellison

OP-ED | Power Corridor

Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

2 min read
(Photo by Anders J on Unsplash)

Finance

Investment Funds Can’t Quit Climate Change

Despite conservative disdain for ESG initiatives, one research project found climate change remains a chief concern for asset managers.

1 min read
“Photo by Steve Jurvetson under CC BY 2.0”

Power Corridor

Life After Epstein at America’s Top Bank

JP Morgan, the largest bank in America, with more than $3 trillion in assets, settles all Epstein lawsuits.

5 min read

Finance

Why Stock Exchanges Want a Piece of Texas, ‘The Wall Street of the South’

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav via iStock and Muhammad Abdullah via Freepik

5 min read

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