JPMorgan Chase & Co is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company, said two sources with knowledge of the move.
NEW YORK: Boeing's communications chief resigned on Thursday (Jul 2) following a complaint over an article he wrote more than 30 years ago contending that women should not serve in combat. His resignation comes as a number of US companies examine their corporate culture following weeks of protests ...
Biotech firm Moderna Inc could reap tens of billions of dollars in sales and stock appreciation if it wins the race for a COVID-19 vaccine. If it loses, the early-stage company’s value could crash.
JPMorgan Chase & Co is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company, said two sources with knowledge of the move.
A Black Facebook Inc worker on Thursday filed a complaint claiming the social media giant's stated commitment to diversity and civil rights, including its support for the Black Lives Matter movement, masks widespread discrimination against Black workers.
The U.S. Federal Reserve's massive stash of bonds and other assets slipped for a third straight week to its smallest size since mid-May, data released by the central bank on Thursday showed.
XIAMEN, China: Luckin Coffee Inc said on Thursday (Jul 2) co-founder Charles Zhengyao Lu will stay on as chairman of the embattled coffee chain after a proposal to oust him, stemming from an internal fraud investigation, failed to get board approval. The move to oust Lu was proposed by...
Convertible bonds that were part of a complex transaction that allowed Japan's Softbank to buy a stake in now-collapsed payments company Wirecard and then de-risk the transaction have been put up for sale in an auction.
NEW YORK: Wall Street shrugged off surging coronavirus cases to end a shortened trading week with gains on Thursday (Jul 2), fuelled by an unexpectedly healthy US jobs report that bolstered hopes the economy is recovering. The Dow Jones Industrial Average gained 0.36 per cent to close at 25,827.36 ...
Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
