Posted: March 30, 2023 7:54 PM ET Investors looking for yield in cash-based investments invested an additional $66 billion in money market funds this week, bringing total assets to a record $5.2 trillion, according to the Investment Company Institute. dollars. The bulk of weekly inflows, at $71 billion, went into government funds, which invest in …
Money market fund assets hit new high of $5.2 trillion, ICI says Read More »
Janet Yellen says banking rules may have gotten too looseThe Wall Street Journal Yellen says Trump administration ‘decimated’ financial oversightthe hill Yellen says US bank rules may be too loose and should be re-examinedYahoo news Yellen warns that bank deregulation may have “gone too far” after SVB’s failureFox business Schwab Stock Slides Down; Yellen to …
Janet Yellen says banking rules may have become too loose – The Wall Street Journal Read More »
Wall Street’s bonuses fall the most since 2008The Wall Street Journal The average Wall Street bonus fell 26% last yearCNN How Much Was the Average Wall Street Trader’s Bonus?barron’s Wall Street bonuses fell 26% last year, lowest since 2019New York Post Median Wall Street bonuses plummet in 2022 to $176,700the guardian
Disney lays off more than 300 employees focused on streaming in China – WSJThe Wall Street Journal Disney lays off several high-ranking employees in first wave of job cutsKTLA Los Angeles ESPN in spotlight as Disney begins laying off 7,000Deadspin Disney cuts more than 300 streaming jobs in China: reportMarketWatch Disney Cancels Metaverse and Prime …
Ali Baba ‘s The plan to split into six parts has been cheered by investors who see it as a way to unlock value in the Chinese tech giant. Over the past two years, the stock has been hit by a wave of regulatory pressure. Shares rose another 2% on Wednesday, above $100 but still …
Alibaba’s stock could double. The division fundamentally changes the valuation. Read More »
world asia china Out of the public eye, Chinese tech tycoon studies tuna and ponders the Gobi desert
Business Media & Marketing It’s the Emmy-winning HBO show’s final season
Alibaba will split into six groups and explore IPOs in a departure from the Jack Ma eraThe Wall Street Journal Alibaba to split into 6 units and explore IPOs; pop stocks 9%CNBC Alibaba to split the business into six units, seek IPOCNN Alibaba, China’s e-commerce giant, will split into six unitsThe New York Times Alibaba …
Alibaba shares soared on Tuesday after the Chinese tech giant announced it would split into six units, including one for cloud computing, which will explore fundraising, including possible initial public offerings . U.S.-listed Alibaba shares (ticker: BABA) jumped 7.4% in premarket trading as investors digested what marks the biggest governance overhaul in the company’s 24-year …
Alibaba’s stock soars. Get ready for an unprecedented shakeup and spinoff. Read More »
Lyft hires new CEO as founders step back amid struggles with competition – WSJThe Wall Street Journal Lyft CEO and chairman to step down, former Amazon executive David Risher named as replacementCNBC Lyft co-founders to step down; David Risher is named CEOThe New York Times Lyft shares jump 5% as new CEO pushes co-founders at …
