Tag Archives: Biggest

Google employees returned to the office this week after more than two years of remote work and changing plans about when – and how – to bring people back.   The tech behemoth joins a growing list of companies bringing workers back on-site this spring that includes Meta, American Express and Apple. Google’s new hybrid work arrangement requires most employees to be in the office at least three days per week, with the other two days spent working remotely.  Javier Soltero, the vice… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 30, 2022 There have been a lot of news headlines weighing on markets over the last month. But the two biggest ones are: As we prepare to flip the calendar into April, markets remain fixated on both stories. But which one remains the bigger risk? That depends on who you ask. The common talking point at the beginning of the war in… Source link

HONG KONG — North Korea launched an intercontinental ballistic missile for the first time since 2017, its neighbors said Thursday, in a major escalation of its weapons program likely to stoke fresh tensions with the United States and its allies. Japanese Prime Minister Fumio Kishida said the missile was believed to be a new kind of ICBM and condemned the test, which comes at a time when the world is focused on Ukraine, as an “unforgivable outrage.” “These series of actions taken by… Source link

Tesla’s (TSLA) Berlin Gigafactory is now live, and it will be super important to the EV giant’s future, analysts say. On Tuesday, the factory received CEO Elon Musk, who presented customers with the first Model Ys made at the facility. Tesla’s new factory is 20 or so miles southeast of the German capital and houses roughly 10,000 employees. The factory cost north of $5.5 billion to construct. “We view the opening of Giga Berlin as one of the biggest strategic endeavors for Tesla over the last… Source link

Main Street banking is poised to see the best growth since the 1980s, when Madonna and Michael Jackson were on MTV, Ronald Reagan was in office, and everyone had long hair and wore neon attire. And Bank of America (BAC) will be the biggest winner. That’s according to Wells Fargo analyst Mike Mayo, who told Yahoo Finance Live on Thursday that traditional banking revenue will grow the same way it did in the 1980s, creating a boom for the industry in the next three years. Moreover, BofA stands… Source link

(Bloomberg) — Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks sparked panic selling. Most Read from Bloomberg The Hang Seng China Enterprises Index closed down 7.2% on Monday, the biggest drop since November 2008. The Hang Sang Tech Index tumbled 11% in its worst decline since the gauge was launched in July 2020, wiping out $2.1 trillion in value since a… Source link

The NCAA men’s tournament selection committee faced a tougher challenge than usual this March when trying to differentiate among the final at-large contenders. There were bubble teams of every flavor up for consideration this year. Some surged into at-large contention during March; others arrived at Selection Sunday leaking oil and missing cylinders. Some were barely over .500 but with a bushel of impressive wins; others had sparkling records but little to show for it. Some were marquee programs… Source link

Sometime before 6 p.m. ET on Sunday, the NCAA tournament selection committee will email a completed bracket to CBS to unveil on its the selection show. Here’s a look at the biggest decisions that the committee will have to make between now and then: 1. Who will join Gonzaga and Arizona as No. 1 seeds? The chaos in the SEC tournament this week worked in the Big 12’s favor. With neither Auburn nor Kentucky even making the SEC title game, Kansas and Baylor both now appear almost certain to… Source link

The LinkedIn posts of departing Peloton employees (and those people in the industry willing to help them) are piling up on Tuesday, one comes from the former CEO of Precor. Peloton spent $420 million to buy commercial fitness giant Precor in December 2020 as it sought to build out production capacity to support its then views of strong future demand. It stands as the company’s largest acquisition in its history. The acquisition gave Peloton 625,000 square feet of U.S. manufacturing capacity… Source link

A flurry of IPOs large and small have gone public during the pandemic, and some have been struggling more than others. Higher inflation and the likelihood of tighter monetary policy has beaten down the shares of many companies which went public last year, some of which have yet to report a profit. The biggest IPOs of 2021 and 2020, measured by the amount of money raised, shows shares of the top five initial public offerings of last year have fared worse than the largest ones to go public in… Source link